Company News


February 26, 2009

The RBC Ratings agency published a ranking of Russian banks according to results of 2008

The RBC Ratings agency has summarized the results of the Russian banking sector for 2008.  CB Obibank LLC operational results for January 1, 2009 are as follows:
• Net assets stood at 9,647 million rubles and showed a steady rise compared to the same period for the previous year, growing by 40.3 percent.  The bank moved up 33 positions according to this indicator and now ranks 177th among Russia’s other major commercial banks.
• The size of the bank’s credit portfolio is valued at 3,344 million rubles, growing by 57.5 percent on the year and moving the bank into 226th place.  At the same time, the credit portfolio’s share among the bank’s assets stood at 34.7 percent, while lending to legal entities represented the dominant line of the bank’s credit policy: it represented 82.2 percent of all issued loans.  Credit portfolio losses were negligible, making up just 0.04 percent of the entire portfolio.
• The bank’s deposit portfolio grew to 7,734 million rubles, showing a gain of 6.8 percent compared to the start of 2008.  Obibank secured its position within the second hundred of Russia’s largest banks, according to deposit portfolio size (128th place).
• Financial investments reached 527.5 million rubles, growing by 23.8 percent compared to the previous year.  The bank ranked 151st according to this measure.


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