We have completed first half of 2017 with out-standing financial results, as compared with the previous years of 2016, 2015 and 2014.

• As of June 30th, 2017 bank’s asset size reached  Rub 693.7 million, where total loans reached  Rub 519.0 million, or 75% of assets, proving our dedication to crediting small and medium size enterprises (SMEs).

• Quality of loan portfolio greatly improved without any additional problematic loans since the beginning of year, with NPL ratio as low as 5.47% of total loans, all problematic loans being fully provisioned.

• Customer balances increased by more than 53% and reached Rub 283 million, with continuous positive trend proving better business dynamics and turnovers of bank’s customers.

• Bank’s liquidity ratios (N2, N3) continue to be above minimum accepted levels with comfortable margins.

• Bank has shown out-standing financial performance at its profitability parameters.  Bank’s operating income reached Rub 67.9 million while operating expenses decreased to Rub 54.7 million, completing first half of the year with a positive operating income of Rub 13.3 million, and income before taxes of Rub 15.1 million, a record performance in entire history of the Bank.  Net income after taxes stood at Rub 12.3 million.

• As a result Bank’s capital/shareholder’s equity reached Rub 345.6 million, way above accepted minimum capital level.