foir print

26.09.2011

Center-Invest Bank’s assets have increased by 20%.

 

Based on its 1H 2011 results, Center-Invest Bank, southern Russia’s leading regional bank, ranks 49th by liquid assets and 72nd by net assets in the ranking of Russia’s leading banks published by RosBusinessConsulting (www.rbc.ru). The bank’s assets have increased by 20%. 

Our loan portfolio has also seen robust growth: ranked by value of business lending, Center-Invest Bank is now in 53rd place, seven places higher than at the start of the year. The growth in the loan portfolio can be attributed to the implementation of our «Strategy for the Modernization of SMEs in Southern Russia», and the use of new financial products and modern information technologies. 

For the first time, Center-Invest Bank has assets in excess of RUR41bn. More than 15% of our loan portfolio comprises loans for business modernization projects, which are enabling our customers to achieve annual growth of 30-40%.

Thanks to our extensive branch network, we continue to be one of Russia’s top 50 banks ranked by the number of branches (in 40th place). 

Center-Invest Bank has leading positions in southern Russia, and is achieving sustainable, balanced growth and accelerated development in the most promising market segments.

 

 

PR Department