LOCKO-Bank is among Russia's most profitable banks

LOCKO-Bank improved its position in the ranking of Russia's most profitable Banks going 5 steps up since year start. the survey published by National Rating Agency LOCKO-Bank is No. 55 with net profit 894 m roubles as o 01.09.2012. Profit growth is based on business volume growth. The Bank is actively developing retail lending and improves efficiency of SME and corporate segments consistently improving client service standards. From year start bank's credit portfolio went up by 10.9% and amounted to 43,6 bn roubles as of 01.10.2012. Successful implementation of bank's strategy ensures stable growth of economic indicators and high return on assets and capital.
LOCKO-Bank also went 5 steps to No. 83 in rankings on own capital with capital 7,2 bn roubles. As of 01.10.2012 net assets amounted to 63,8 bn roubles.