The Central Bank of Russia (CBR) completed full audit of our bank for past 3 years

• CBR has conducted a 3 year full audit of ProCommerce Bank, covering all areas including quality of loan portfolio and related provisioning, liquidity, operations, FX position, compliance with CBR ratios and full regulations on risk management, internal control, currency control, financial monitoring of its operations, and others.

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  As of the end of June 30^st, 2016, according to financial reports submitted to the Central Bank of Russia, the bank’s asset size increased to 538.75 million rubles, while customer funds entrusted with the bank exceeded 200 million rubles. Shareholder’s equity  reached 330.5 million rubles as of June 30^st  2016.

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     According to the financial reporting by IFRS as of the end of 2015, certified by the auditor company “Intercom-Audit BKR” LLC, the Bank’s net assets reached 618.2 million rubles. Customer funds and balances entrusted to the Bank reached 278.1 million rubles.

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