The official app
Account management, payments and transfers, opening of deposits and repayment of loans, information on bills and cards. For registration, you need a bank card and a mobile phone.
Corporate Entities
The system allows you to independently monitor the status of your accounts in real time, make payments and use other banking products.



Comments on SG Russia financial results in 2016

SG Russia entities (Rosbank, DeltaCredit Bank, Rusfinance Bank, Societe Generale Insurance, ALD Automotive) continue to improve their performance in 2016, especially in Q4. Overall, SG Russia made a positive contribution to Group net income of EUR 8 million* for 2016, including EUR 32 million generated in Q4 2016.

In Russia, the environment continues to normalise. There was further confirmation of healthy corporate activity, while the recovery in loan production for individual customers continued. The loan portfolio quality continued to improve.

At the same time, given the decline in demand for corporate loans in foreign currency and conservative lending policy in the retail segment, outstanding loans were down 3.2%** vs. end-2015, amounted to EUR 9.1 billion (+16.2% in absolute terms, given the rouble’s appreciation against the euro over the period). Outstanding deposits were down by 4.7%** vs. end-2015, amounted to EUR 7.2 billion (+11.7% in absolute terms).

Net banking income of SG Russia fell by 5.1% to EUR 688 million in 2016 (+8.3%**). Operating expenses remained under control at EUR 519 million and declined by 13% comparing to 2015 (+0.5%**). Ongoing optimisation of the operating infrastructure over the period resulted, notably, in the closure of 67 branches at Rosbank following the previously announced plans. The cost of risk declined from 293 basis points in 2015 to 182 basis points in 2016 due to the improvement in the macroeconomic environment and risk management efforts.

Rosbank and its affiliates continue to benefit from a sound liquidity position and solvency ratio among the best in Russia, well above regulatory requirements. Solvency ratios (N1) as of January, 1, 2017: Rosbank at 14.07%, Rusfinance Bank at 16.19% and DeltaCredit Bank at 11.36% (vs. 8% regulatory minimum starting January 2016).

The affirmation of the Rosbank, Rusfinance Bank, DeltaCredit Bank National Rating1 on January 27th, 2017 reflects Fitch's view that the banks are among the strongest credits in Russia. The banks' Issuer Default Rating and Support Rating are underpinned by potential support the bank may receive from its shareholders.

Banks' 'bb+' Viability Rating reflects their stable asset quality, healthy funding profile, reasonable liquidity and capital, and conservative management and risk appetite.

The Bank of Russia included Rosbank in the list of 10 systemically important credit institutions.


* SG Russia’s result: contribution of Rosbank, DeltaCredit Bank, Rusfinance Bank, Societe Generale Insurance, ALD Automotive and their consolidated subsidiaries to the results of SG Group.

**At constant exchange rates

1On January 27th, 2017 Fitch Ratings has affirmed Rosbank, Rusfinance Bank, DeltaCredit Bank Long-term Issuer Default Rating (IDR) at the level of 'BBB-' with stable outlook. Short-term foreign currency IDR is affirmed at 'F3', National Long-term rating is affirmed at 'AAA (rus)' with stable outlook and withdrawn. At the same time the agency has affirmed the banks' Viability Rating (VR) at 'bb+'. Support Rating is affirmed at '2'.


If you continue 1) Following a link or pressing any button on this website page
2) Viewing the content on the bottom of website page with ‘scrolling’ (‘flicking’) down its content.
this website, you give your consent to processing of your personal data with the use of internet-services «Google Analytics», «Yandex Metrika».
Your data processing sequence and realizable requirements for their protection can be found in PJSC Rosbank Policy. In case of non-consent with your personal data processing you can switch off cookie via your browser’s settings.