Key Financial Indicators

Key Financial Indicators *

₽ bn 2017 2018 1H2019
Origination volume 127 145 70
Interest and fees 29 35 19
Net interest income 16 20 10
Net profit 5.0 5.8 1.9
Cash & equivalents 13 18 17
Trading securities - 3 4
Loans to customers, net 108 128 134
Other 9 10 10
Total assets 130 159 165
Due to customers 97 123 127
Debt securities and FIs 7 6 4
Other 3 3 5
Equity 23 27 29
NIM including fees 23% 21% 19%
Cost to Income 46% 37% 37%
ROAE 25% 24% 13%
NPL 90+ 3.5% 4.3% 5.0%
CAR (Basel) 18.7% 18.2% 18.8%
* IFRS, audited by E&Y

Highlights

Funding Diversified retail funding: retail deposits and accounts represent 93% of interest bearing liabilities with number of depositors exceeding 153 thousand
Capital Strong total capital adequacy ratio of 18.8% as at 30.06.2019
Liquidity Conservative liquidity management: cash and equivalents stand at 10% of total assets as at 30.06.2019
Performance During 1H2019 origination reached ₽70bn, gross loan portfolio - ₽146bn, net profit - ₽1.9bn
Effectiveness At the end of 1H2019 the Cost to Income ratio stayed at the historical low of 37% reached in 2018
ROAE Top 13 ranking among Russian banks by ROAE for 1H2019