Shareholder
Onexim Group (100%) - one of the largest private investment funds in Russia
Bank at a Glance
Leading Russian retail finance franchise
Founded in 2003, Renaissance Credit is a leading retail lending institution offering retail loans, credit cards and deposits to around 14 million customers across Russia.
Model
Effective business model: Scalable retail-loan origination machine, rigorous risk management, tight OPEX control
Position Leading position on the market: among top 50 Russian banks, top 10 retail banks and top 5 specialised POS banks
Clients Large client base: around 14 million
Partners Well-know partners: Svyaznoy | Euroset, M.Video, Eldorado, Beeline, Ascona, Hilding Anders and more than 26,000 retail companies
Distribution Diversified nationwide distribution network. Coverage: 51 regions of Russia, 88 branches, 110 819 POS
Sound financial performance
| RUB Bn | 2019 | 2020 |
|---|---|---|
| Total assets | 163 | 139 |
| Gross Loan portfolio | 147 | 118 |
| Origination | 136 | 83 |
| Net profit | 3.5 | 2.6 |
| Cost to Income, % | 38% | 41% |
Ranking among Russian banks
10
Among top 10 retail Russian banks
5
Among top 5 specialised POS banks
21
Top Russian banks by retail loans at 01.03.2021 (Banki.ru)
30
Top Russian banks by retail deposits at 01.03.2021 (Banki.ru)
42
Top Russian banks by net assets at 01.03.2021 (Banki.ru)
38
Top Russian banks by equity size at 01.03.2021 (Banki.ru)
Credit Ratings
For further information about credit ratings of the bank please read the following section of the website: Credit Ratings