ProCommerce Bank completed 2015 with stable financial results

• Despite a contracting economy in 2015, ProCommerce Bank successfully completed the year with positive financial results: Operational Income reached Rub 137.1 million, Net Interest Income increased by 14% to Rub 75.8 million and Net Commission Income increased by 10.5% to Rub 71.7 million.

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     As of the end of September 31st  2015 according to financial reports submitted to the Central Bank of Russia, the bank’s asset size increased to 670.5 million rubles, while customer funds entrusted with the bank exceeded 236.4 million rubles. Shareholder’s equity  reached 335.0 million rubles as of September 31st 2015.

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ProcommerceBank Credit Rating A Confirmed

RAEX Rating Agency (Expert RA) confirmed credit rating A of ProCommerceBank, which means “High level of creditworthiness”, the second sub-level. The stable outlook of the rating remained unchanged.

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