TKB announced financial results as of 3Q 2020 according to Russian Accounting Standards (RAS). The financial results showed a positive trend in the all main financial figures.
The Bank’s net assets exceeded RUB 180 bln. TKB’s loan portfolio reached RUB 90.7 bln.
The loan portfolio was composed mainly of corporate loans that amounted to RUB 67 bln.
The retail portfolio consisted mainly of mortgages, was RUB 23.4 bln.
Net interest income reached RUB 3.4 bln. Net fee and commission income were about
RUB 2 bln. Net profit after tax equaled RUB 2.3 bln.
The Bank’s capital – RUB 25 bln. It is necessary to outline that in 2020 TKB was one of the few Russian banks that has increased its capital by more than 50%.
Due to customers exceeded RUB 106 bln (excluding Due to credit institutions).
Capital adequacy ratio (Н1.0) was at the point of 16.085% (min required 8%) as of 01.10.2020.
- Quick liquidity ratio Н2 – 97.846 % (min required 15%)
- Current liquidity ratio Н3 – 156.737% (min required 50%)
- Long-term liquidity ratio Н4 – 30.782% (max required 120%)
Information about TKB Group:
TKB Group includes TransKapitalBank and Investtradebank. TKB Group is in TOP-30 Russian banks by assets. TKB Group has wide coverage of around 100 points of sales across 31 regions of Russia. TKB has 4 main business focuses: mortgages (TOP-15 Russian banks), corporate and SME lending (TOP15 in Russia), e-commerce business: internet acquiring and C2C transfers (TOP-5 Russian banks). 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.