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%).