MOSCOW, October 5 /PRRussia/ — A year ago the integrated Uralsib Bank began operations. The bank was founded through the integration of the four largest banks of the Uralsib financial corporation — Avtobank Nikoil, IBG Nikoil, the Bryansk Narodny Bank and Kuzbassugolbank — into the Urals Siberian Bank. In Russian bank ratings Uralsib is among the top five in equity and net assets. Uralsib is also among the leaders in retail business. It is ranked fourth among the mortgage banks and in its individual credit portfolio.
Over the past year the latter portfolio grew by more than 90% to $1.2 billion. Uralsib’s automobile credit portfolio grew from $240 million to $361m and mortgage portfolio from $60m to $256m. In the period under review, Uralsib Bank’s consumer credit portfolio grew by 64.5% to $510m and its card credit portfolio by 230% to $33m. Personal deposits at the bank rose from $1.4b to over $2.1b. The bank issued over 2.2m plastic cards, a 39.5% growth year-on-year. As a result the bank was ranked fourth among Russian plastic card banks.
Source: Bank Uralsib press service
