OREANDA-NEWS. November 2, 2012. The Agency experts noted the high growth rate of the Bank's resource base, diversified funding structure, high profitability underpinned by adequate asset quality and liquidity level. The Bank’s assets have grown by 23% and totaled RUB 51 bn as at October 1, 2012. The Bank’s equity dynamics is in line with overall market trends. The Bank’s capital has grown due to the capitalization of the earned profit.

The experts also highly positively commented on the significantly strengthened market position in the key areas of the Bank’s business, substantial increase of its customer base, corporates as well as individuals, and increase in banking products share. Other aspects worth mentioning include the payment of a coupon yield over the 6th coupon period and the redemption of the 3rd bond issue to the total face value RUB 1.5 bn, what has reconfirmed the Bank’s perfect reputation.

In May 2012 the Bank acquired a share in the capital of Baikal Bank, the largest bank in the Buryat Region which maintains a far-reaching network of operational offices.

Generally, the Bank’s development dynamics is positively evaluated by the NRA experts, business activity is estimated as high. The Bank’s current strategy focus is on developing retail banking services. In the experts’ opinion, competitive banking product line, state-of-the-art technologies and high quality customer service will facilitate the strengthening of the Bank’s position in the retail segment.