OREANDA-NEWS. April 05, 2013. The retail loan portfolio of NOMOS-BANK Group was up 55.1% to RUB 90.1 billion in 2012 (under IFRS).
The retail loan portfolio growth rate was ahead of the market average which was 39.5% for the period according to the Central Bank. The retail loan portfolio’s share of the Group’s total loan portfolio of corporate, retail, small business and investment business, as of December 31 2012, was 15.3%.
"NOMOS-BANK Group’s retail business demonstrated positive results over the last year. The key aspects of our strategy have been successfully implemented. This success was driven by both wide and flexible product range and high quality of customer service. In addition, efforts were made to expand sales channels and remote services, including mobile devices and ATMs, which enabled rapid development on the retail market," said senior vice president of NOMOS-BANK, Elena Budnik.
Customer accounts of retail segment of NOMOS-BANK Group were up by 20.4% and, as of 31 December 2012, totaled RUB 157.3 billion, about 34.4% of the Group’s total customer accounts of corporate, retail, small business and investment business segments.
As of December 31 2012, the number of retail customers totaled approximately RUB 1.5 million. The Group’s distribution network includes about 300 branch offices and more than 19,000 ATMs (including those of the United Settlement System). The number of NOMOS-BANK’s own ATMs, as of December 31 2012, stood at 1,825.
Operating income before provisions for impairment of the retail business segment for the reporting period totaled RUB 11.3 billion, or 25.5% of the aggregate of the Group’s four key business segments.
Net income for the segment in 2012 amounted to RUB 2.8 billion, up 1.8 times over 2011.