OREANDA-NEWS. July 16, 2013. JSC AIKB Tatfondbank considered its performance in the field of retail lending over the first half of 2013. The Bank’s retail lending portfolio has increased by RUB 3.3 billion (or by 19.7%) from the beginning of the year to reach the mark of RUB 20 billion. Consumer loans form the major portion of the retail portfolio (RUB 11.8 billion).

According to the Bank’s development strategy, the lending of individuals is one of the priority lines of its business. Tatfondbank expects its retail lending portfolio to increase by another 50%, up to RUB 30 billion, by the end of 2013.

In its retail lending business, the Bank develops programmes of consumer, mortgage, and car loans, and issues credit cards of VISA and MasterCard international payment systems.