Sviaz-Bank Placed 22nd in Net Assets
OREANDA-NEWS. February 27, 2012. RBC.Rating Agency ranked Sviaz-Bank 22nd among the Russian biggest banks in net assets on January 1, 2012. The Bank’s net assets had grown by 25.88% over the year, to 227.2 billion rubles, reported the press-centre of Sviaz-Bank.
Vigorous development of all business lines had fortified Sviaz-Bank’s standings as a multipurpose commercial bank of federal significance and improved its positions in other RBC.Rating rankings as well.
With a loan portfolio of 108.9 billion rubles on January 1, 2012, or 72.3% more than its 2010 portfolio, Sviaz-Bank was placed 22nd among the Top 500 banks in the loan portfolio rankings. The Bank had moved ten rungs up in these rankings over the year. The Bank was also 22nd among the Top 500 banks in loans made to corporations as of January 1, 2012, with 96 billion rubles out on loan to corporate customers, which was more than a 62% growth from the year before.
Growth of the Bank’s clientele contributed to a rapid increase in deposits placed with it. Its corporate customers’ deposit portfolio had risen by 52% over the year to 124.6 billion rubles, pushing the Bank up to the 18th notch in this ranking. Overall, the customer deposit portfolio had grown by 50% over the previous year, to 137.9 billion rubles, to place the Bank 22nd among the Top 500 banks in the deposit portfolio as of January 1, 2012.
With 68 billion rubles invested in securities, Sviaz-Bank had climbed up from rank 11 to rank 7 among the Top 500 banks in this ranking category.
RBC.Rating Agency used its own ranking techniques that may differ from the Bank’s official figures calculated by the technique used by the Bank of Russia.