LOCKO-Bank positions in Expert RA rankings

Expert RA rating agency published rankings of leading banks in lending to SME across federal districts. According to the research results LOCKO-Bank made it to TOP-10 leading banks on lending to SME segment in Moscow, St.-Petersburg, North-Western and Southern federal districts. In 2011 LOCKO-Bank distributed around 17 bn roubles in loans to SME segment. Over 50% of the amount (9,9 bn roubles) were loans to companies located in Moscow. This makes the Bank No. 8 among Moscow banks - the leaders in lending to SME segment. St.-Petersburg Branch of LOCKO-Bank is No. 9 with 1,1 bn roubles. Kaliningrad office is No. 10 in the ranking of banks of North-Western federal district with 0,56 bn roubles (the list excludes St.Peterburg). Bank’s offices in Volgograd, Krasnodar and Rostov-on-Don with total lending volume of 0,9 bn roubles ensured the Bank 9th place in Southern federal district. Although Bank’s offices in Volga district did not make it to TOP-10 of Expert RA ranking, within the Bank they were the second after Moscow with 2,5 bn roubles. LOCKO-Bank launched SME lending program in 2004. Today major advantages of Bank’s credit products are flexible approach to the assessment of borrowers, an option to pledge up to 100% of goods for sale, quick credit approval process, personalized and high quality service at every stage of communication between the Bank and the client. Lending to SME segment is provided in over 20 branches of LOCKO-Bank regional network.