Uniastrum Bank Places 31st by Credit Portfolio Volume in RBC Top-500 Rankings

Moscow, Russia, September 13, 2010 --(PR.com)-- Uniastrum Bank now ranks 31st by credit portfolio volume among Russia’s biggest lenders, jumping 22 places on the year-earlier showing, according to H110 results published by RosBusinessConsulting. The agency’s new figures show Uniastrum’s total credit portfolio weighing in at Rb 52.1 bn as of July 1, 2010.

For the second year running, Uniastrum ranked 29th for loans disbursed to retail customers. In H110, corporate loans accounted for 65% of the Bank’s overall credit portfolio.

By loans issued to the business community Uniastrum placed 33rd, seeing its corporate loan portfolio grow more than 30% in the first half of 2010. Year-on-year, the Bank climbed 28 places in the rankings compared with July 1, 2009, upsizing its corporate credit portfolio more than 130%. Thanks to the solid uptrend in its credit portfolio, Uniastrum ranks among the country’s Top-50 banks by net asset value, securing 45th position on the strength of its H110 performance, up 3 places on its previous ranking. Net asset value totaled Rb 73.5 bn as of July 1, 2010, improving 33% on the year-earlier result of Rb 55.3 bn.

“RBC’s rating of Uniastrum’s performance in the first half of 2010 confirms that we continue to go from strength to strength in our core business segments,” notes Uniastrum CEO Evgeny Tutkevich. “The uptrend in headline indicators shows that the Bank is on course to achieve its performance targets.”

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