ProCommerce Bank completed 2018 with positive net operating income of RUB 13.3 million.  In 2018 we had to form Rub 44.9 million of additional loan loss provisions on our loan portfolio during the year (9% of the loan portfolio as of 31.12.2018). 

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We have received base banking license in 20/11/2018 and became one of 149 banks entitled to this license.  Although the new license allows us practically perform entire range of banking operations, we will be focusing more on small business lending especially in Northern Administrative District of Moscow, where our Bank is situated.

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

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