TransKapitalBank reported net profit of RUB 116 million in 1Q 2017 under RAS
According to RAS, TKB’s net profit in the first quarter of 2017 has exceeded RUB 116 million against the loss of RUB 666 million for the same period of time last year. The capital adequacy ratio (H1) equaled to 12.2%, instant liquidity ratio (H2) - 68.7%.
The Bank’s income was mostly formed due to the obtaining of interest income on loans, which amounted to RUB 3.6 billion. Total loan portfolio has decreased by 2% and amounted to 109.2 billion rubles (after deduction of provisions). At the same time, volume of loans to individuals, which consists mostly of mortgage loans, has amounted to RUB 40.2 billion.
The Volume of individuals’ deposits has decreased from RUB 57.5 billion in the beginning of the year to RUB 55.2 billion as of 01.04.2017, which is due to currency revaluation which happened because of national currency strengthening. The Bank’s assets remained practically unchanged and amounted to RUB 197.1 billion. The Bank’s capital is equal to RUB 24.2 billion.