The aggregate retail credit portfolio of Top 100 Russian retail lenders climbed 41.27%, or Rub 2.1 tln, in 2012. Only seven of hudred lending institutions reported a contraction, calculated the information and analytical service of portal Banki.ru.
The highest record was reported by BNP Paribas Vostok (up 8,003.5%, or Rub 17 bln), and the worst one by BNP Paribas Bank (down 45.17%, or Rub 11.5 bln). But this is a technical result and is driven by the fact that since May 16 retail lending under the Cetelem brand is conducted through BNP Paribas Vostok rather than BNP Paribas.
So, Top 3 lenders in terms of retail credit portfolio growth can be as follows: Military Industrial Bank (up 290.73%), Svyaznoy Bank (up 184.66%) and MTS-Bank (up 182.14%).
Last year Military Industrial Bank ramped up its retail credit portfolio by Rub 3.8 bln. The indicator grew most of all on the back of overdraft accounts (a surge of Rub 3.3 bln).
Svyaznoy Bank, which lends the public using primarily credit cards, expanded its retail credit portfolio by Rub 26.8 bln.
MTS-Bank’s retail credit portfolio climbed Rub 26.6 bln y-o-y. Loans provided for over 36 months jumped most of all (up Rub 15.8 bln). Balances held on overdraft accounts jumped Rub 3.9 bln, while the portfolio of retail loans issued for 12 to 36 months increased by Rub 3.3 bln.
Disregarding BNP Paribas Bank’s numbers, Housing Finance Bank reported the sharpest decline in the retail credit portfolio (down 23.34%, or Rub 1.5 bln), as well as Moskommertsbank (a slide of 22.53%, or Rub 1.9 bln) and Bank Intesa (a decline of 20.41%, or Rub 1.5 bln).
The first two lenders suffered a contraction primarily because of the loans granted for over 36 months, while Bank Intesa reported a steep decline in overdue retail loans.
