Bank news

  • 24.09.2021
    Bank news
    International rating agency Fitch Ratings has assigned Transkapitalbank (TKB) a Long-Term Issuer Default Rating (IDR)

    Fitch Ratings has assigned Transkapitalbank (TKB) a Long-Term Issuer Default Rating (IDR) of 'B' with Stable Outlook.

    The agency notes TKB's balanced funding structure, sufficient liquidity and adequate profitability to reserves.

     Information about TKB Group:

    TKB Group includes TransKapitalBank and Investtradebank. TKB Group is in TOP-10 Russian private banks by assets. TKB Group has wide coverage of around points of sales across 31 regions of Russia.
    TKB has the following business focuses: corporate and SME lending (TOP15 in Russia), mortgages (TOP15 in Russia), electronic banking.
    Being a key partner of the EAEU/CIS/SCO integration processes, TKB implements program of comprehensive banking services for financial institutions “Bank for Banks” and offers counterparties a wide range of operations: transaction/settlement business, treasury operations, trade finance and arrangement of syndicated loan facilities for banks of the CIS countries.
    Number of TKB Group’s personnel is over 2 700 employees.

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    www.tkbbank.com/news/163879/
  • 13.09.2021
    Bank news
    TKB Group reported RUB 1.7 bln (USD 23.2 mln) profit as of 1H 2021

    TKB Group reported RUB 1.7 bln (USD 23.2 mln) profit as of 1H 2021

    As of June 30, 2021 Group’s capital equaled RUB 29.5 bln (USD 403.4 mln), assets – RUB 302.8 bln (USD 4.14 bln).

    TKB Goup’s loan portfolio increased by 2% and amounted to RUB 164.1 bln (USD 2.2 bln). NPLs on a net basis decreased from 6.2% (as of December 31, 2020) to 4.9% (as of June 30, 2021). NPLs’ provisions – over 105%.

    TKB Group’s capital adequacy ratios were complied with a significant margin in comparison with the required minimum. Capital adequacy ratio (Н1.0) was at the point of 15.7% (min required 8%), Base capital adequacy ratio (H1.1) reached 9,4% (min required 4,5%), Core capital adequacy ratio (H1.2) – 14.8% (min required 6%).

    Quick liquidity ratio (H2) – 94.6% (min required 15%), current liquidity ratio (H3) – 164.3% (min required 50%), long-term liquidity ratio (H4) – 36.6% (max required 120%).

    Information about TKB Group:

    TKB Group includes TransKapitalBank and Investtradebank. TKB Group is in TOP-10 Russian private banks by assets. TKB Group has wide coverage of around points of sales across 31 regions of Russia.
    TKB has credit ratings “BBB-.ru” with “Stable” outlook by National Credit Ratings (NCR) rating agency and "ruBB +", with “Stable” outlook by Expert RA rating agency.

    TKB has 4 main business focuses: corporate and SME lending (TOP15 in Russia), mortgages (TOP15 in Russia), electronic banking, comprehensive banking services for financial institutions from EAEU/CIS/SCO.
    Being a key partner of the EAEU/CIS/SCO integration processes, TKB implements program of comprehensive banking services for financial institutions “Bank for Banks” and offers counterparties a wide range of operations: transaction/settlement business, treasury operations, trade finance and arrangement of syndicated loan facilities for banks of the CIS countries.

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    www.tkbbank.com/news/163848/
  • 23.07.2021
    Bank news
    TKB reported RUB 1.2 bln profit according to RAS as of 1H 2021.

    TKB announced the results of its performance as of the 1st half of 2021 according to Russian accounting standards (RAS). The financial result shows a positive trend in all key areas.

    As of 1H 2021 assets exceeded RUB 180 bln.

    TKB’s loan portfolio less provisions amounted to RUB 91.3 bln. A basis of loan portfolio was corporate loans that reached RUB 68.1 bln. The retail portfolio composed mainly of mortgages and equaled to RUB 23.2 bln. Net interest income was over RUB 2.7 bln. Net fee and commission income reached RUB 1.1 bln.

    Profit before tax totaled RUB 1.2 bln. TKB’s capital equaled to RUB 25.3 bln.

    One of the important areas of TKB’s activity is both the maintaining of the existing client base and the development of relations with new clients – individuals and corporates. The volume of customer funds reached RUB 123 261 bln and consisted mainly of funds of retail customers (53%). The funds of corporate customers amounted to RUB 57 577 bln (balances increased both on current and settlement accounts, and on deposit accounts).

    TKB Group’s capital adequacy ratios were complied with a significant margin in comparison with the required minimum.

    As of 01.07.2021 capital adequacy ratio (Н1.0) was at the point of 15.7% (min required 8%), base capital adequacy ratio (H1.1) stood at 9.4% (min required 4.5%), core capital adequacy ratio (H1.2) reached 14.8% (min required 6%). Quick liquidity ratio H2 – 94.8% (min required 15%), Current liquidity ratio H3 – 164.3% (min required 50%), Long-term liquidity ratio Н4 – 36.6% (max required 120%).

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    www.tkbbank.com/news/162587/
  • 08.07.2021
    Bank news
    Net profit of TKB Group reached RUB 1.2 bln as per IFRS of 1Q2021

    TKB Group announced its IFRS financial results as of 1Q2021. Net profit of TKB Group reached RUB 1.2 bln. TKB Group’s Capital amounted to RUB 29,8 bln, assets equaled to RUB 296.8 bln as of 31.03.2021.

    As of 1Q2021 net interest margin totaled RUB 2.1 bln, having increased more than 2 times compared to the same period of 2020.

    TKB Group’s capital adequacy ratios were complied with a significant margin in comparison with the required minimum. Capital adequacy ratio (Н1.0) was at the point of 16.8% (min required 8%). Base capital adequacy ratio (H1.1) stood at 10,0% (min required 4,5%), Core capital adequacy ratio (H1.2) reached 16.3% (min required 6%).

    Quick liquidity ratio H2 – 103,2% (min required 15%), Current liquidity ratio H3 – 170,2% (min required 50%), Long-term liquidity ratio Н4 – 32,7% (max required 120%).

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    www.tkbbank.com/news/162539/
  • 30.06.2021
    Bank news
    TKB selected by the Bank of Russia to test the digital ruble

    The Bank of Russia has formed a group of 12 banks to test the digital ruble platform. TKB was also among the banks selected for the test.

    The focus group includes Gazprombank, VTB, Sberbank, Rosbank, Tinkoff Bank and others.

    A roadmap for the implementation of the digital ruble is planned to be developed according to the test results.

    The Bank of Russia presented the concept of the digital ruble in April 2021. Within the framework of the concept, the digital ruble will be the third form of money along with cash and non-cash.

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    www.tkbbank.com/news/162522/
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