By the end of 2016 Tinkoff Bank forecasts its ROE at over 25%, the bank's management board chairman Oliver Hughes said at a meeting with bank analysts.
Every month the bank receives 600,000 new credit-card applications alone, and they are the bank's unique customers, Hughes said, commenting on the lender's 1Q16 financial performance.
In the first quarter, Tinkoff Bank's ROE came in at 32.3% under IFRS. During this period the financial institution turned a net profit of Rub 1.9 bln.