Corporate loan portfolio of Bank Vozrozhdenie exceeded Rub 123 billion

18 June 2012

Corporate loan portfolio of bank Vozrozhdenie as of June 1, 2012 grew by 13.7% compared to the same period of the previous year and totaled Rub 123.3 bln. Within the five months of 2012 the bank has issued corporate loans on Rub 113.3 bln, including Rub 75.3 bln in loans to small and medium businesses (in accordance with the bank’s Lending Policy). Share of SME loans in the bank’s portfolio exceeded 53%.

“Bank Vozrozhdenie actively participates in state programs to support SMEs and cooperates with guarantee funds in 14 regions of its presence. In 2011 it was recognized as the Best bank for SMEs in Moscow region”, — commented Irina Semenova, head of Corporate Business department of Bank Vozrozhdenie.

Corporate loan portfolio of the bank is well-diversified across industries — almost 35% falls on manufacturing, 27% — on trade, 10% — on construction. Enterprises of agricultural, transport, processing sectors of economy as well as companies of other industries that operate in all the regions of bank’s presence are also among our clients. It’s a great achievement to be continuously acknowledged by our consumers as a reliable partner that offers a wide range of banking products for the development of their businesses and always provides the best quality of services.

Bank Vozrozhdenie net income grew 66% YoY to RUB 526 mln
Bank Vozrozhdenie holds the Annual General Meeting of Shareholders