History of credit europe bank. JSC "Credit Europe Bank" Credit Europe Bank opened a new office in Volgograd

Many people dream of buying an apartment, but not everyone can afford to spend such a significant amount of money at once. There is often only one way out in such a situation - to take out a mortgage loan. Many cannot decide to take such a responsible step, realizing that such a loan will have to be repaid for a very long time. However, if you follow a few rules, as well as carefully choosing a bank, you can move to own apartment without significant problems.

How to take out a mortgage loan correctly and profitably

The decision to buy an apartment with a mortgage becomes the most important decision in life for many. At the same time, I really want the loan to be as profitable as possible and not become bondage.

How to take out a mortgage loan? This question inevitably arises among potential borrowers. There are actually several important rules, compliance with which will help make the purchase of an apartment a joyful event and will not allow the registration of a mortgage to ruin the life of the borrower.

Before you apply for a mortgage, you should evaluate your options. It is advisable that monthly payments do not exceed one third family budget. If you don't follow this rule, it can be very difficult to pay off your mortgage.
Best to improve living conditions gradually. In this case, the payment amount will be lower. In addition, you will be able to pay off your mortgage faster, and if you want to buy a larger apartment in the future, you will be able to get a loan under more favorable conditions.
It is not enough to simply take out a mortgage loan from a bank. You must make your monthly payments on time. Maximum savings on the family budget will help create a safety net. Ideally, it should be around three monthly payments. This will help you pay your mortgage even in case of temporary difficulties. When the “stash” is created, partial early repayments can begin. This will help you save on interest payments.

The minimum overpayment can be achieved not only when selected Better conditions on a mortgage loan. It is important to buy an apartment when the market is falling. Is it worth taking out a mortgage this year? Read our special review.

The best banks for a mortgage loan

There is no need to rush into getting a mortgage. Even before making a decision, you should carefully read the offers of various credit institutions. To understand where it is better to get a mortgage loan. In this case, you should take into account not only the interest rate, but also other conditions:

Availability of additional commissions, insurance and payments.
Conditions for early repayment (including partial).
Down payment amount. Let’s say right away that it is quite difficult to get a mortgage loan without a down payment in 2019, because these are big risks for the bank. As a rule, the down payment on such loans starts from 10 percent. If you do not have a down payment to purchase an apartment on credit, pay attention to banks where you can get a consumer loan for any purpose. The money received can be used for a down payment on a mortgage.

A large number of offers on the market often leads to potential borrowers becoming confused and confused. A huge number of tempting advertising slogans can be completely misleading. Therefore, it would be useful to use the TOP 5 best banks for a mortgage loan, compiled by specialists, when choosing.

Advantageous mortgage loan online through the Tinkoff-Mortgage service

Suggests considering offers from several banks for loans to purchase an apartment. At the same time, you can leave behind the frightening thought of having to run around the offices of various credit institutions. An online application for a mortgage through the Tinkoff website allows you to shift all the problems of sending documents to the bank to your personal manager.

After filling out the form on the website Tinkoff Bank your application will be considered by several partner banks at once. After approval, all that remains is to choose the best bank for a mortgage from the proposed list. Moreover, when applying for a loan through Tinkoff, you can get a discount on the interest rate of up to 1.5%. Taking into account large amounts and the loan term, this is quite a significant saving.

Currently, the minimum mortgage rate for an apartment in a new building starts at only 6% per annum. The maximum term is 25 years and the loan amount is up to 100 million rubles. It is very important that not only company employees, but also individual entrepreneurs can apply for a mortgage loan through the service.

Mortgage loan with bad credit history from BZhF bank

Anyone can apply for a mortgage loan at the Housing Finance Bank. Moreover, as the bank states, even borrowers with a bad credit history in the past can get a loan. The main thing is that at the time of submitting the application there are no current overdue payments on loans from other banks. This is one of the few banks where you can get a mortgage loan without refusal due to bad credit history in past. BJF statistics show that the bank approves 82% of mortgage applications submitted. This is a very high figure!

Conditions of a mortgage loan at the Housing Finance Bank

Mortgage on 2 documents (passport and second document - SNILS, TIN, driver's license).
There is a mortgage program that allows you to get a loan without certificates on the day you apply.
Official proof of income reduces the interest rate and increases the loan limit.
The transaction and apartment are completed in no more than 3 days.
A mortgage loan is issued directly from the bank, without the participation of agents, intermediaries and commissions.
Important! Residents of the following cities can apply for a mortgage loan online: Moscow and the region, St. Petersburg and the Leningrad region, Volgograd, Yekaterinburg, Kazan, Krasnodar, Krasnoyarsk, Nizhny Novgorod, Saratov, Novorossiysk, Novosibirsk, Omsk.

Online mortgage on favorable terms at Otkritie Bank

When deciding which bank to apply for a mortgage loan from, you should not ignore Otkritie Bank. Mortgage lending conditions here are quite flexible. The client is offered several interesting programs to choose from, depending on the needs of the borrower.

Types of mortgage programs at Otkritie Bank

Buying an apartment in a new building.
Buying an apartment on the secondary market.
Refinancing mortgage loans from other banks.
Military mortgage.
Real estate for maternity capital.
Mortgage lending for the purchase of large apartments.

The interest rate at Otkritie Bank is determined by the mortgage program under which the loan was issued. You can count on a minimum percentage of 8.9% when purchasing an apartment in a new building or a military mortgage. Other features include a down payment of 10% and a maximum term of 30 years. The mortgage application process takes place online.

Mortgage loan is profitable with government support from VTB Bank

The interest rate here starts at 10.2%.
The down payment is less than in many other banks - 10%.
Possibility of registration without an advance payment for maternity capital.

In addition, this bank operates the “Mortgage Loan with State Support” program. The program provides preferential loans to families who have had a second or third child since January 1, 2018. For a certain period, a preferential rate of 6% is established with a down payment of 20%. Do you agree that this is beneficial?

There is also an interesting program “More meters - lower rate” when purchasing an apartment from 65 sq. m. meters. That is, than bigger apartment, the lower the interest rate.

Mortgage lending for the construction or purchase of a country house from Sberbank

The country's largest bank, Sberbank, is also very active in the mortgage lending market. The bank willingly lends to both the developers themselves and borrowers who want an apartment on a mortgage. Moreover, even pensioners can take out a mortgage loan, but provided that the loan is repaid until the borrower is 75 years old.

Like other banks, it offers a mortgage loan with state support for families with children; mortgages for new buildings and secondary housing; military mortgage programs; mortgage using maternal capital. There are also programs that are not always found in other banks. This is a mortgage loan for the construction of a residential building, as well as a mortgage loan for the purchase or construction of country real estate ( a private house, garden plot etc).

Experts say that interest in mortgage lending will not decrease in 2019. Most likely, it will only grow. With the right attitude towards such loans, a mortgage will only bring the joy of moving to a new home. However, you should not take out a loan from the first bank you come across. It is important to figure out where it is more profitable to take out a mortgage loan. This will help save the lion's share of the family budget.

P/S before taking out a mortgage, be sure to look at “5 Rules for a Comfortable Mortgage”

Credit Europe Bank

Type	Joint-Stock Company
License	General No. 3311
Participation in the CER	№ 690
Activity	bank
Year of foundation	G.
Former names	"Financebank"
Location	Moscow
Key figures	Haluk Behcet Aydinoglu (President of JSC Credit Europe Bank)
Equity	20.9 billion rubles (01/01/2017)
Assets	101 billion rubles (01/01/2017)
Main Society	Credit Europe Bank N.V.
Auditor	Ernst & Young
Bank data sources	Bank
Website	crediteurope.ru

Activity

JSC "Credit Europe Bank" is a Russian Bank with foreign capital, founded in 1997, belongs to the international financial group FIBA, which operates in 12 countries around the world.

The activities of Credit Europe Bank in Russia are concentrated in cities such as Moscow, St. Petersburg, Kazan, Yekaterinburg, Ufa, Novosibirsk, Rostov-on-Don and others.

The branch network of Credit Europe Bank includes more than 60 branches in more than 30 cities and 5 time zones of the Russian Federation, as well as more than 530 ATMs and more than 4,000 points of sale in Moscow and in the largest regions of Russia.

Credit Europe Bank is a universal bank that provides a wide range of services to retail and corporate clients, as well as small and medium-sized businesses. To date, the Bank serves more than 5,000,000 individual clients, 2,000 corporate clients and 17,000 small and medium-sized businesses (as of 01/01/2017).

The Bank's reliability is confirmed by the international ratings Moody's "B1" and Fitch "BB-".

The main shareholder of Credit Europe Bank JSC is Credit Europe Bank N. V (Holland).

Story

In 1997"Financebank (Moscow) A.O." was created as a bank with 100% foreign capital. The bank was focused on serving corporate clients, most of whom were Turkish companies operating in Russia.

In 2000 The bank entered the consumer lending market and began issuing its own plastic cards, serving mainly employees of its corporate clients.

In 2001-2003 The bank significantly expanded its client base and began to actively explore the consumer lending market in Russia.

In 2004 Regional representative offices of the Bank were opened in St. Petersburg, Kazan, Nizhny Novgorod, Rostov-on-Don, Perm, Ufa and Samara.

In 2005 The bank has been assigned one of the highest ratings among Russian financial institutions. Moody's assigned the international rating Ba2 to Finansbank CJSC. The bank becomes a participant in the compulsory deposit insurance system (registration number 690), and also begins to work with small and medium-sized businesses and launches a car loan program.

In 2006 FIBA International Holding sold one of its main assets - Financebank (Turkey) to the National Bank of Greece (NBG). Under the terms of the deal, the rights to the Financebank brand were transferred to the NBG. In 2006, the Bank began cooperation with the AUCHAN network. Moody's upgraded the bank's rating to Ba1.

In 2007“Financebank” officially changes its name to “CREDIT EUROPE BANK” (CJSC). The bank placed an issue of ruble bonds of series 01 in the amount of 3.5 billion rubles with a circulation period of 3 years. The issue of series 01 bonds was repaid on time. The bank entered the mortgage lending market.

In 2008 The bank began cooperation with IKEA. The bank placed an issue of ruble bonds of series 02 in the amount of 4 billion rubles with a circulation period of 3 years. The issue of series 02 bonds was repaid on time. The bank became a participant state program subsidizing car loans. Joint programs are being developed with UZ-Daewoo, Hyundai, Chery, Chrysler, GAZ, Isuzu.

In 2010 The bank has been assigned a Fitch Rating of BB-. The Bank is launching a unique co-branding program for issuing credit cards (MEGA CARD) together with the MEGA retail chain. The bank issued Eurobonds for a period of 3 years with the possibility of early redemption after 2 years, a coupon rate of 7.75%, and a volume of 300 million US dollars. The European Bank for Reconstruction and Development opens a credit line to the Bank in the amount of 2.9 billion rubles and transfers the first tranche in the amount of 1.45 billion rubles to support small and medium-sized businesses in all regions of the Bank’s presence.

In 2011 The bank placed the 6th issue of classic bonds for 4 billion rubles with a rate of 1-3 coupons of 8.3% per annum. The bank placed 3-year bonds of series BO-01 for 5 billion rubles. with a coupon rate of 8.1% per annum. In 2011, the first branch of the Bank was opened in Kaliningrad (as of May 17, 2019, there are no bank branches in Kaliningrad). The Bank's car loans are available at more than 1,300 points of sale. The bank was assigned a rating of “AA+” on the national scale, the outlook is “stable” and “BBB+” on the international scale, the outlook is “stable” by the Rus-Rating agency.

In 2012 The bank placed subordinated Eurobonds in the amount of US$250 million with a circulation period of 7 years. The coupon rate of the bonds is set at 8.5% per annum. In addition, series BO-03 bonds worth RUB 5 billion were successfully placed. on the MICEX Stock Exchange: demand was exceeded 1.9 times and amounted to 9.4 billion rubles. The first coupon rate was determined at 9.8% per annum. The bank launched new version its official website www.crediteurope.ru. The Bank also began issuing the Ferrari MasterCard Standard® Card.

In 2013 The bank placed bonds of series BO-04 in the amount of 5 billion rubles. and BO-05 in the amount of 5 billion rubles. The website www.cardcredit.ru has been launched, dedicated to one of the most popular products of CREDIT EUROPE BANK - the CARD CREDIT credit card. Ikano Group and CREDIT EUROPE BANK N.V. registered a joint bank in Russia - Ikano Bank. Together with travel company PEGAS Touristik, the bank has started selling a new co-branded card “Shop & Travel”. In 2013, the Bank successfully attracted financing from a pool of Russian banks in the form of a syndicated loan for a total amount of 5.5 billion rubles. The bank and Honda Motor RUS LLC announced the start of cooperation and the launch of a joint car loan program.

The bank is among the top 50 Russian banks in terms of equity capital and in the top 60 in terms of net assets according to the banki.ru portal (according to RAS as of 01/01/2017: equity capital - 20.9 billion rubles, net assets - 101 billion . rubles).

The bank occupies a leading position in the consumer lending market, as well as in the credit card market. Credit Europe Bank's positions in media ratings can be viewed here.

The Bank's reliability is confirmed by international ratings Moody's "B1", Fitch "BB-". Data as of 01/01/2017.

Owners and management

The founder and owner of Fiba Holding, which includes Credit Europe Bank Russia, is Hysnu Ozyegin, Turkish businessman, billionaire.

98.14% of shares of Credit Europe Bank in Russia belong to Credit Europe Bank (Holland), the remaining shares of 1.86% belong to individuals and legal entities, owning less than 1% of the votes of the total number of voting shares of Credit Europe Bank.

President of Credit Europe Bank in Russia Behcet Haluk Aydinoglu.

Performance indicators, ratings of the Bank

Net assets - 101 billion according to the portal banki.ru (according to RAS as of 01/01/2017).
Own capital is 20.9 billion rubles according to the banki.ru portal (according to RAS as of 01/01/2017).

Moody’s – “B1“, outlook “Stable”

Fitch – “BB-“, outlook “Stable”

ACRA – “BBB“, outlook “Stable”

The bank was established under the name “Finansbank” in 1997 on the basis of the representative office of the Turkish bank “Finansbank A.S.” (founded in 1987), opened in 1994.

In August 2006, FIBA International Holding* (owner of Finansbank) sold a controlling stake in Finansbank A.S. (Turkey) to the National Bank of Greece (NBG) for US$2.8 billion (3.8 capital), as a result of which the rights to use brand "Financebank". At the same time, Fiba Group bought from Finansbank for 479 million euros 41.8% of the shares of Finansbank Romania and 100% of the Dutch Finans International Holding N.V. (controls business in Russia, Switzerland, the Netherlands, etc.). In this regard, the divisions that were not included in the deal in Russia, the Netherlands, Romania, Germany, Belgium, Switzerland, Malta, the UAE and Ukraine switched to a new brand - Credit Europe Bank. Russian Finansbank changed its name to Credit Europe Bank in March 2007. Since February 2005, the bank has been a participant in the deposit insurance system.

Until recently, Credit Europa Bank N.V. (Holland) controlled 99.99% of the shares of the Russian subsidiary. It should be noted that the final beneficiary of the Dutch holding, part of the FIBA Group, is Turkish citizen, major businessman Husnu M. Ozyegin.

In September 2018, Credit Europe Bank N.V. completed the sale of a controlling stake in the Russian bank Fiba Holding A.S. and Fina Holding A.S., which in turn control Credit Europe Bank N.V.

As a result of the transaction, currently (as of September 20, 2018) Fiba Holding A. S. owns 55% of the bank’s shares, Fina Holding A. S. - 35% of the shares, Credit Europe Bank N. V. controls 10% of the shares. The ultimate beneficial owner of the bank remains Hüsnü Mustafa Ozyegin.

The head office of the Russian Credit Europe Bank is located in Moscow. The credit institution's branch network includes 61 branches in 28 cities and five time zones of the Russian Federation, as well as 514 ATMs and more than 18 thousand points of sale in 77 Russian cities. According to the latest available data, average number The number of bank employees exceeded 3 thousand people.

Corporate clients, including small and medium-sized businesses, have access to lending services, trade financing, cash settlement operations, payroll programs, trade acquiring, collection, corporate plastic cards (Eurocard / MasterCard Business), conversion operations, placement of free Money for deposits, factoring (including factoring of rental payments and other programs), letters of credit, bank guarantees, corporate insurance, leasing, remote servicing.

Individuals have access to deposits, loans (cash, for goods and services, car loans, mortgages, for tours and travel), plastic debit/credit cards (MasterCard, Visa, various joint cards), money transfers (including Western Union) , Internet banking, insurance, etc. In the first quarter of 2015, the bank joined the state subsidy program for car loans. As part of the car loan program, the bank cooperates with the largest official dealers throughout the country.

At the end of 2018, the bank served 6 million individual clients and more than 20 thousand corporate clients (5.4 thousand corporate clients and 15 thousand small and medium-sized businesses). The bank also maintains partnerships and cooperates within the framework of co-branding programs and consumer lending programs with key international retailers - Auchan, Metro Cash and Carry, Ikea.

Since the beginning of 2018, the net assets of the credit institution have shown an increase of 8.2% - to 138.8 billion rubles as of November 1. In the bank's liabilities, the growth was funded by deposits of individuals, which added 27.3%. There is also the repayment of 80% of debt on interbank loans and a comparable in absolute terms influx of funds from corporate clients (+18.7%). The attracted liquidity was used in assets mainly for lending to individuals, whose portfolio showed growth comparable in absolute terms to the influx of deposits from individuals. Loans to enterprises and organizations also showed positive dynamics (+15.6%). At the same time, the portfolio of issued interbank loans decreased by a comparable amount in absolute terms (-51.3%).

The resource base of the credit institution as of November 1, 2018 was concentrated on deposits of individuals, which constituted half of the liabilities by the reporting date. The structure of household funds was dominated by deposits with a maturity of one year or more. The second largest source of liabilities was funds from corporate clients, which accounted for 20.2% of liabilities at the reporting date. Their structure as a whole was represented by resources of varying urgency. Own capital occupied an even smaller share; its adequacy in accordance with the Central Bank standard N1.0 was 11.3% (with a minimum of 8%). The capital as of the reporting date included a subordinated loan with a residual value of 1.8 billion rubles, attracted in November 2012 from CEB Capital S.A. (Luxembourg) as part of the issue of Eurobonds in the amount of 250 million US dollars with a maturity until November 2019. Client base quite large, payment dynamics are stable: turnover on customer accounts since the beginning of 2018 amounted to 70-110 billion rubles monthly. Dependence on funds of individuals in last years has increased noticeably.

The main volume of the credit institution's assets falls on the loan portfolio item, which at the reporting date forms 79.5% of net assets. Highly liquid assets (mainly cash balances and correspondent accounts with the Central Bank) accounted for 5.3%, issued by interbank loans - 3.7%, and securities portfolio - 1.2%. Other assets accounted for 9.0%, fixed assets and intangible assets accounted for 0.3%.

As of the reporting date, the total loan portfolio of the financial institution amounted to 110.3 billion rubles. Since the beginning of 2018, its volume has increased by 22.1%. The main share in the loan portfolio falls on loans provided individuals, - 62.0%. The loan portfolio is predominantly long-term, with a predominance of repayment terms over three years. During the analyzed period, the level of overdue debt in the total portfolio decreased from 13.5% to 7.7%. The level of reserves also decreased, however, it covers the arrears with a margin, amounting to 12.3% as of the reporting date (at the beginning of 2018 - 20.0%). The property pledged as collateral for loans fully covered the loan portfolio as of the reporting date.

A credit institution regularly carries out transactions in the interbank lending market, while occupying the position of a net creditor. The placement turnover since the beginning of 2018 ranged from 11 billion to 81 billion rubles. In the foreign exchange market, activity is also regular and noticeably higher; turnover on conversion transactions since the beginning of 2018 has averaged 300-500 billion rubles.

According to RAS reporting data, for January - October 2018, the credit institution received a net profit of 431.9 million rubles - almost half as much as for the same period in 2017. For the entire 2017, net profit reached 1.2 billion rubles.

Board of Directors: Hysnü Mustafa Ozyegin (chairman), Enver Murat Başbay, Mehmet Güleşci, Faik Onur Umut, Ilkorur Korkmaz.

Governing body: Behcet Haluk Aydinoglu (Chairman), Assad Verdiyev, Anna Zhludova (Chief Accountant), Nina Zubareva, Emin Candan.

* FIBA Group was founded in 1987 by Hüsnü Özyegin and is controlled by the founder's family. FIBA Group includes subsidiary banks, investment, factoring and leasing companies operating in Turkey, Switzerland, Holland, Germany, Belgium, Malta, Romania, Ukraine, UAE and China. In addition to the financial sector, the group has significant interests in retail chains and development business, as well as in aviation, real estate, energy, shipping construction, tourism and other areas.

An important task of the FIBA group is the formation and development of fundamental values within society that contribute to improving the quality of human life through education. In accordance with this goal, the group cooperates with the Mother and Child Foundation (AÇEV), has its own Hüsnü Özyegin Foundation and Özyegin University.

The group structure includes 66 companies, the number of employees was about 12 thousand people. According to the latest available data, the FIBA Group's total assets were US$17.2 billion (more than half of which were investments outside Turkey), and the group's net worth was approximately US$1.9 billion.

As a result of a number of large transactions in the European financial market, in March 2007, the Russian Finansbank CJSC changed its name to Credit Europe Bank CJSC. General license of the Central Bank No. 3311. From this moment on, an active process of rebranding and a new stage in the development of this bank begins.

Credit Europe Bank is a bank with 100% foreign capital. More than 98% of the shares belong to Credit Europe Bank (Holland), which is owned by one of the richest citizens of Turkey, Hüsnü Özeygin.

Currently, Credit Europe Bank is a stable, dynamically developing credit institution. The bank's clients include more than 1,000 corporations and more than 10,000 small and medium-sized businesses. Thanks to high level service and a wide network of representative offices throughout Russia, over 2.5 million Russians already use the services of Credit Europe Bank, and this figure is constantly increasing.

Very often, along with the name “Credit Europe Bank”, on the Internet, and in everyday communication, the name “Europe Bank” is used. In fact, these are not two different banks, but one and the same. The official international name of the bank is Credit Europe Bank.

Areas of activity of Credit Europe Bank

First of all, Credit Europe Bank is a bank focused on retail servicing of individuals. In addition to the name, this is evidenced by the widest network of operational and large cities in Russia (as of July 2012 there were already 140 of them), a large number of ATMs (640), as well as a huge number of sales points (8800). Thus, all areas of retail customer service are being developed - from issuing a loan at the point of sale and withdrawing cash from an ATM, ending with resolving disputes and closing loan agreements.

No less attention is paid to corporate clients, as well as small and medium-sized businesses. For these categories of clients, in addition to settlement and cash services, services such as leasing, factoring, corporate insurance, overdraft, salary projects, corporate plastic cards and so on are available. Each client is provided with comprehensive support and full satisfaction of any business needs.

Since its founding, the management of Credit Europe Bank has assigned a large role to participation in various charitable programs. This includes one-time support for various charitable events and financing of long-term programs. First of all, assistance is aimed at preparing and holding competitions for disabled athletes, organizing events to accelerate social adaptation for people with disabilities disabilities, procurement of equipment and medicines for medical institutions.

Ratings and awards Credit Europe Bank

Credit Europe Bank is firmly in the TOP 50 banks in Russia in terms of equity capital and in the TOP 20 in terms of net assets. According to research by various agencies, it is among the ten best retail banks in Russia.

International rating agencies also highly evaluate the development indicators of Credit Europe Bank: Moody’s - rating “Ba3”, positive outlook; Fitch agency - rating “BB-”, stable outlook; Russ-rating agency - rating “BBB+”, stable forecast.

Separately, I would like to note the very convenient organization of searching for branches and ATMs - a large number of filters (region, branch, branch operating hours, nearest metro station), there is an interactive map diagram of the location of bank branches linked to metro stations.

The bank was established under the name “Finansbank” in 1997 on the basis of the representative office of the Turkish bank “Finansbank A.S.” (founded in 1987), opened in 1994.

In September 2018, Credit Europe Bank N.V. completed the sale of a controlling stake in the Russian bank Fiba Holding A.S. and Fina Holding A.S., which in turn control Credit Europe Bank N.V.

The head office of the Russian Credit Europe Bank is located in Moscow. The credit institution's branch network includes 61 branches in 28 cities and five time zones of the Russian Federation, as well as 514 ATMs and more than 18 thousand points of sale in 77 Russian cities. According to the latest available data, the average number of bank employees exceeded 3 thousand people.

Corporate clients, including small and medium-sized businesses, have access to lending services, trade financing, cash settlement operations, payroll programs, trade acquiring, collection, corporate plastic cards (Eurocard / MasterCard Business), conversion transactions, placement of available funds on deposits , factoring (including factoring of rental payments and other programs), letters of credit, bank guarantees, corporate insurance, leasing, remote servicing.

The resource base of the credit institution as of November 1, 2018 was concentrated on deposits of individuals, which constituted half of the liabilities by the reporting date. The structure of household funds was dominated by deposits with a maturity of one year or more. The second largest source of liabilities was funds from corporate clients, which accounted for 20.2% of liabilities at the reporting date. Their structure as a whole was represented by resources of varying urgency. Own capital occupied an even smaller share; its adequacy in accordance with the Central Bank standard N1.0 was 11.3% (with a minimum of 8%). The capital as of the reporting date included a subordinated loan with a residual value of 1.8 billion rubles, attracted in November 2012 from CEB Capital S.A. (Luxembourg) as part of the issue of Eurobonds in the amount of 250 million US dollars with a maturity until November 2019. The client base is quite large, payment dynamics are stable: turnover on client accounts since the beginning of 2018 amounted to 70-110 billion rubles monthly. Dependence on funds from individuals has increased markedly in recent years.

As of the reporting date, the total loan portfolio of the financial institution amounted to 110.3 billion rubles. Since the beginning of 2018, its volume has increased by 22.1%. The main share in the loan portfolio falls on loans provided to individuals - 62.0%. The loan portfolio is predominantly long-term, with a predominance of repayment terms over three years. During the analyzed period, the level of overdue debt in the total portfolio decreased from 13.5% to 7.7%. The level of reserves also decreased, however, it covers the arrears with a margin, amounting to 12.3% as of the reporting date (at the beginning of 2018 - 20.0%). The property pledged as collateral for loans fully covered the loan portfolio as of the reporting date.

Board of Directors: Hysnü Mustafa Ozyegin (chairman), Enver Murat Başbay, Mehmet Güleşci, Faik Onur Umut, Ilkorur Korkmaz.

Governing body: Behcet Haluk Aydinoglu (Chairman), Assad Verdiyev, Anna Zhludova (Chief Accountant), Nina Zubareva, Emin Candan.