Bank news

  • 23.06.2017
    Bank news
    TRANSKAPITALBANK successfully closed another RMBS transaction

    Mortgage agent TKB-3 placed residential mortgage-backed fixed rate notes in the amount of RUB4,1bln on the Moscow Exchange with the coupon rate of 9,10% p.a.

    This bond issuance was made to diversify the Bank’s funding structure as well as to attract additional funds for the further development of the mortgage lending programs in TRANSKAPITALBANK (TKB).

    The transaction structure envisages some tools, which are different from the ones TKB used in its previous RMBS deals. The junior tranche is substituted with TKB’s own credit enhancement (sub-loan and reserve funds) amounting to 19,6% from the securitized mortgage loans pool and facilitated by means of the long-term subordinated loans extended by the Bank to the bonds Issuer. The transaction was welcomed by the market and investors due to the combination of high credit rating, comfortable risk profile and the adequate yield level. Some large institutional investors were interested in this bond issuance, including asset managers, private pension funds, financial institutions and others.

    TKB acted as the underwriter and the MLA. PJSC Sovcombank and REGION Group also joined as the mandated lead arrangers for this transaction.

    Citibank N.A. London Branch acted as the Calculation Agent and AO Citibank (Moscow) acted as the Issuer Account Bank.

    DeltaCredit Bank is the Back-Up Servicer and VTB Specialized Depository is the Special Depository.

    Baker&McKenzie acted as the Legal Counsel.

    Moody’s Investors Services assigned Baa3(sf) credit rating to this residential mortgage-backed fixed rate notes.
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  • 26.04.2017
    Bank news
    Moody’s Investors Service confirmed B1 credit rating for TRANSKAPITALBANK

    Moody’s assigned a long-term foreign currency deposit rating of B1 /Negative/ to TRANSKAPITALBANK (TKB).
    In the respective Credit Opinion Moody’s mentioned TKB’s rating is supported by diversified funding structure, adequate liquidity cushion and expectation of an improvement in TKB’s financial fundamentals as a result of the emerging economic recovery in Russia.
    Moody’s also appreciate TKB’s transparent ownership structure with participation of international financial institutions and the Bank’s customer deposit base, which is well-diversified and has no significant reliance on any particular group of clients.
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  • 21.04.2017
    Bank news
    TransKapitalBank granted a loan to JSC “Promsintez” under the cover of EXIAR’s insurance (Russian Agency for Insurance of Export Credits and Investments)

    The attracted funds in the amount of RUB 15 million are planned to be directed into implementation of foreign trade contracts for the supply of components for the mining industry of Kazakhstan. During 2016-201 the total amount of financing provided by TransKapitalBank is exceeding RUB 50 million.

    The risk of non-payment from international buyers to the Russian exporters due to implementation of political or entrepreneurial risks is insured in EXIAR within the framework of the product - “Loan to the supplier under short-term pledge of receivables is insured by EXIAR”

    TKB provides a wide range of products of pre-export and post-export financing, supporting the supply of high-tech goods and services under the EXIAR’s insurance to all countries of the world. The Bank also is actively developing “Bank for Banks” platform for financial institutions EEU and CIS. The program provides for complex approach in implementation of the product line, which includes settlements, treasury operations, syndicated loans, trade finance and, financing of Russian export under EXIAR’s insurance.
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  • 21.04.2017
    Bank news
    TKB Group is listed as one of TOP-30 largest banking groups

    TKB Group took 27th place in terms of assets. This ranking of banks and banking groups was prepared by “Expert” magazine. The Group also includes Investtradebank, where in 2015 TKB was appointed as rehabilitation administrator.

    The aggregate volume of the Group's assets amounted to RUB 339.7 billion as of 2017. As a result, TKB Group moved up one position in the ranking for the year.
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  • 21.04.2017
    Bank news
    TransKapitalBank joined TOP-5 Russian banks in a quality of customer services as of 2016

    The Bank took 4th place in “National Rating” prepared by Banki.ru. TransKapitalBank received 34.8 points, and replied to more than 200 requests and inquiries from its customers in the past year.

    The rating also includes the following banks: Avangard, Tinkoff Bank, Modulbank and DeltaCredit. The national rating is based on customer reviews based on the service in the banks.

    TKB stably holds a position in the “Major League” rating.
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