Uniastrum Gains Top-30 Retail Bank Ranking
Figures published in November by popular Russian business weekly Kommersant-Dengi show Uniastrum Bank’s retail loan portfolio tipping the scales at near Rb 19 bn as of October 1, 2010.
New York, NY, December 03, 2010 --(PR.com)-- Total unsecured loans disbursed by Uniastrum surged 60% between year-start 2010 and October 1, 2010, totaling Rb 5.7 bn.
Results for 9M10 released by Finance magazine rank the lender among Russia’s 20 biggest banks by the number of payment card issues. As of October 1, 2010 Uniastrum gave out more than 760,000 cards, including around 80,000 bank cards with planned overdrafts. Meantime, Uniastrum’s total portfolio for this product expanded a healthy 65%, weighing in at over Rb 2.8 bn YTD.
Uniastrum Bank’s in-house network of self-service automated kiosks numbered 773 as of October 1, 2010, including 669 ATMs and 104 payment terminals with deposit function. The Bank currently has some 1,050 terminals sited in sales and service outlets. Since 2008 Uniastrum has been a member of the United Settlement System, which integrates around 8,500 ATMs. Based on H110 results published by news agency RosBusinessConsulting, Uniastrum is one of Russia’s 20 biggest banks by the total number of in-house ATMs and the 8th biggest by the number of ATMs deployed in Moscow.
“Uniastrum Bank plans to forge ahead with upsizing its retail-side operations by broadening its range of innovative products, improving the quality of its services, and fine-tuning sales procedures,” says Eugene Tutkevich, Chairman of Uniastrum’s Management Board. “In 2011 we aim to enlarge our credit card and personal loan portfolios 50%.”
CB UNIASTRUM BANK LLC was established in 1994. Uniastrum is a universal lending institution offering a comprehensive range of financial products and services, with particular focus given to the retail sector and small and medium-sized businesses. Uniastrum is one of Russia’s Top-30 systemically important banks, as ranked by the Central Bank of the Russian Federation, and places among the country’s Top-20 based on the size of its branch network. It is Russia’s 45th largest bank by asset size, 31st by loan portfolio volume, 28th by overall retail deposits, and 13th by total auto loans. In 2003-2007 it was the 14th biggest dynamic-growth bank, according to ratings released by RosBusinessConsulting news agency. Uniastrum’s financial statement for October 1, 2010 showed the Bank’s total assets at Rb 134 bn, with equity capital amounting to Rb 8.99 bn. Uniastrum Bank is a deposit insurance scheme participant. On May 31, 2010 Moody’s Investors Service affirmed the Bank’s long-term global foreign and local currency deposit rating at Ba2 with a stable outlook, while Moody’s Interfax Rating Agency affirmed its national scale rating at Aa2.ru. Uniastrum’s regional network currently numbers around 220 offices (including 43 branches) in 48 Russian regions. Since October 31, 2008 Uniastrum Bank has been a member of the Bank of Cyprus Group.
For more information call or write Press office:
744 04 04, ext. 1066, 1119
press@uniastrum.com
www.uniastrum.ru
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Results for 9M10 released by Finance magazine rank the lender among Russia’s 20 biggest banks by the number of payment card issues. As of October 1, 2010 Uniastrum gave out more than 760,000 cards, including around 80,000 bank cards with planned overdrafts. Meantime, Uniastrum’s total portfolio for this product expanded a healthy 65%, weighing in at over Rb 2.8 bn YTD.
Uniastrum Bank’s in-house network of self-service automated kiosks numbered 773 as of October 1, 2010, including 669 ATMs and 104 payment terminals with deposit function. The Bank currently has some 1,050 terminals sited in sales and service outlets. Since 2008 Uniastrum has been a member of the United Settlement System, which integrates around 8,500 ATMs. Based on H110 results published by news agency RosBusinessConsulting, Uniastrum is one of Russia’s 20 biggest banks by the total number of in-house ATMs and the 8th biggest by the number of ATMs deployed in Moscow.
“Uniastrum Bank plans to forge ahead with upsizing its retail-side operations by broadening its range of innovative products, improving the quality of its services, and fine-tuning sales procedures,” says Eugene Tutkevich, Chairman of Uniastrum’s Management Board. “In 2011 we aim to enlarge our credit card and personal loan portfolios 50%.”
CB UNIASTRUM BANK LLC was established in 1994. Uniastrum is a universal lending institution offering a comprehensive range of financial products and services, with particular focus given to the retail sector and small and medium-sized businesses. Uniastrum is one of Russia’s Top-30 systemically important banks, as ranked by the Central Bank of the Russian Federation, and places among the country’s Top-20 based on the size of its branch network. It is Russia’s 45th largest bank by asset size, 31st by loan portfolio volume, 28th by overall retail deposits, and 13th by total auto loans. In 2003-2007 it was the 14th biggest dynamic-growth bank, according to ratings released by RosBusinessConsulting news agency. Uniastrum’s financial statement for October 1, 2010 showed the Bank’s total assets at Rb 134 bn, with equity capital amounting to Rb 8.99 bn. Uniastrum Bank is a deposit insurance scheme participant. On May 31, 2010 Moody’s Investors Service affirmed the Bank’s long-term global foreign and local currency deposit rating at Ba2 with a stable outlook, while Moody’s Interfax Rating Agency affirmed its national scale rating at Aa2.ru. Uniastrum’s regional network currently numbers around 220 offices (including 43 branches) in 48 Russian regions. Since October 31, 2008 Uniastrum Bank has been a member of the Bank of Cyprus Group.
For more information call or write Press office:
744 04 04, ext. 1066, 1119
press@uniastrum.com
www.uniastrum.ru
###
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Uniastrum Bank
Kseniya Chernisheva
0074957440404
www.uniastrum.ru
Kseniya Chernisheva
0074957440404
www.uniastrum.ru
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