Key Investment Highlights

Key Investment Highlights

  • One of the largest universal commercial banks in Russia (among TOP-5)
  • Third largest branch network with 66 branches and over 1,300 additional offices
  • Broad customer base comprising over 6 million clients
  • Ranked No. 270 in the Top 1000 banks globally by The Banker
  • Credit ratings by ACRA at ‘AA(RU)’, with ‘Stable’ outlook
  • Diversified loan portfolio, reduced concentration risk
  • Leading position (market share) among Russian financial institutions in terms of lending to agribusiness and seasonal works financing
  • Key participant in the implementation of the State Program on Agribusiness Development 2013-2025 and other national programs to support priority sectors and segments of the economy
  • Extensive knowledge of agribusiness and related subsectors
  • Strong and experienced management team

Ratios



31 December 2018 31 December 2019 31 December 2020
CET1 Ratio (N1.1)   9.5%   9.9%   9.8%
Tier1 Ratio (N1.2)   10.7%   11.4%   11.2%
Capital Adequacy Ratio (N1.0)   15.2%   15.1%   14.4%

* Calculated based on Basel III requirements

Audited IFRS Financial Statements as of 31 December 2018, 31 December 2019 and 31 December 2020

 

Key Financial Highlights

USD million 
FY 2018 FY 2019  FY 2020 
Summary of consolidated profit or loss statement 
Net interest income      970.2 1,248  1,076.7   
Net fee and commission income  309.7 333.9  301.9   
Profit/(Loss) before tax    108.0 136.4  241.7
Profit/(Loss) for the year 22.0 64.9 176.2
Summary of consolidated statement of financial position 
Cash and cash equivalents    5,622.3 6,519  5,121
Mandatory cash balances with the Central Bank of the Russian Federation 297.3 360.8 338.4
Securities  8,516.9 7,338.2  7,249.4
Due from other banks  557.3 816.5  586.1
Loans and advances to customers    28,181.2 34,971.0  36,443.0
Premises and equipment  722.4 831.4  767.2
Other assets 
938.5 17.9  470.4   
Total assets    44,836.0 51,945.9 51,705.6
Due to other banks    2,469.1 1,769.1  3,440.6
Customer accounts      34,850.0 40,159.6  38,745.1
Promissory notes issued  609.5 765.0  907.2
Other borrowed funds    2,052.8 2,826.1  2,287.5
Derivative financial instruments  132.6 77.2 73.3
Other liabilities  418.0 964.2  992.7
Subordinated debts  2,120.0 2,166.0  2,055.9
Total liabilities     42,652.0 48,727.3  48,528.6
Total equity    2,184.0 3,218.6  3,177.0
Total liabilities and equity    44,836.0 51,945.9 51,705.6

Audited IFRS Financial Statements as of 31 December 2018, 31 December 2019 and 31 December 2020

Bank of Russia RUB/USD exchange rates: 31 December 2018 – 69.47, 31 December 2019 – 61.91, 31 December 2020 – 73.87