Rosbank corporate business results for 2014
In 2014 the volume of loans provided to Rosbank corporate customers amounted to RUR 244 bln, showing 11% growth over 2013. The volume of corporate customers’ liabilities increased by 41% and amounted to RUR 285 bln. The level of corporate customers NPL decreased by 13%. Last year the trade finance portfolio substantially increased by 47%.
During the year Rosbank participated in 12 international syndicated transactions with amount exceeding USD 1 bln, acting in 10 deals as Mandated Lead Arranger and Bookrunner, which allowed Rosbank together with Societe Generale to re-affirm its leadership on the Russian syndicated loans market. The bank was ranked 2d on the Russian syndicated loans market for 2014. Rosbank also continued strengthening its positions on the debt capital market being one of the leaders on the Russian bonds market.
Previous year Rosbank has improved its product offering for corporate customers: credit process has been optimized, GTB platform has been updated, including products for client liquidity management; the Internet-client-bank system has been modernized. Besides, in 2014 Rosbank has accelerated development of regional corporate business, particularly, strengthened trade finance teams in the regions.
“In 2014 we continued developing business according to the new strategy. The model of customer servicing has been renewed, vectors of further business development and main points for growth have been defined. We are targeted to organic profit growth, with control of our credit portfolio. Rosbank continues actively developing relationship with its corporate customers along with the main business lines, including lending, trade finance, cash management services, payroll projects, leasing and factoring. As a part of Societe Generale Group, we are capable to provide unique solutions for our customers in the area of risk hedging as well as on capital and investment banking market”, said Ilya Polyakov, Rosbank Deputy CEO, Member of the Management Board, Head of Coverage and Investment Banking for Russia/CIS, Societe Generale Corporate & Investment Banking.