OREANDA-NEWS. January 27, 2012. In 2011 practically all key performance indicators of Nordea Bank Russia (NBR) grew, reported the press-centre of Nordea Bank.

In 2011 (as compared to the 2010) the capital of NBR grew 5.2% up to RUB 30.56 bn, total assets grew 43% up to RUB 274.47 bn. As of 01 January 2012 Tier II capital (including subordinated loans) amounted to RUB 30.56 bn.

The total loan portfolio of NBR grew year-on-year 17.42% up to RUB 207.23 bn.

The corporate loan portfolio stood at RUB 177.15 bn while loans to individuals (retail loan portfolio) amounted to RUB 15.92 bn. In 2011 mortgage loans grew 58% up to RUB 13.6 bn and at the end of the year accounted for more than 85% of the retail loan portfolio of NBR.