TKB Group reported net profit of RUB 1.6 bln (USD 23 mio) under IFRS in 2018
The Group’s assets increased to RUB 257.2 bln (USD 3.7 bln) on the reporting date from the beginning of 2018. Total equity stand at RUB 21.1 bln (USD 303.7 mio).
Net interest income reached RUB 3.8 bln (USD 54.7 mio). Net fee and commission income totaled RUB 1.8 bln (USD 26 mio). Customer accounts stand at RUB 143.5 bln (USD 2 bln).
Loans and advances to customers are in excess of RUB 122.2 bln (USD 1.8 bln) less provisions. The main part of the credit portfolio represents loans to corporate clients in the amount of RUB 74.4 bln (USD 1.1 bln). The volume of the loans to individuals reached more than RUB 47.8 bln (USD 688 mio) and composed mostly of mortgages.