OREANDA-NEWS. February 2, 2012. Earning assets of GLOBEXBANK Branch Novosibirsky exceeded 8,3 bln. RUB by the end of 2011.

Last year earning assets of Branch Novosibirsky of the Bank GLOBEX rose by 26% and surpassed 8,3 bln. RUB. Assets growth was mainly driven by Corporate Client credit portfolio (portfolio increase amounted to 27 % year-on-year). Furthermore Branch Novosibirsky has expanded small and medium business credit portfolio more than twofold – the figure exceeded 2 bln. RUB in 2011 (01.01.2011 – 952 bln. RUB).

"In 2012 we plan to maintain high rates of business development. In particular the Bank keeps accumulating SME lending volumes regardless to their industry affiliation." – said Vasily Ozheredov, Branch Novosibirsky Chief Manager.

In 2011 Branch Novosibirsky doubled capital raised from the Clients which exceeded 6,6 bln. RUB by the end of the year. Meanwhile the Corporate Client deposit portfolio increased in 7,9 times surpassing 3 bln. RUB within the reporting period.

The Branch retail business resumed in 25 % Individual deposits growth amounted to more than 1,9 bln. RUB. Moreover the Branch has been actively developing mortgage lending: under the programs Standard”, “New housing” and “Military mortgage” about 200 mortgages were provided.