TKB Group reported RUB 3.2 bln net profit as of 3Q 2021

  • 02.12.2021
    Bank news

    TKB Group announces results of performance as of 3Q 2021 according to International Financial Reporting Standards (IFRS).

    Net profit of TKB Group reached RUB 3.2 bln which exceeds 6 times the result of the same period in 2020. Net interest income amounted to RUB 7.1 bln and showed a growth of 55% comparing to the same period last year. CTI (operating costs to income) was 46.1%.

    As of September 30, 2021 Group's capital grew by 2.7% comparing to the figures of December 31, 2020 and equaled RUB 30.3 bln. The TKB Group's assets were RUB 330.9 bln, demonstrating an increase of 9.9%.

    TKB Group's loan portfolio increased by 3.4% and amounted to RUB 167 bln. NPLs on a net basis decreased from 6.2% as of December 31, 2020 to 4.2% as of September 30, 2021. NPLs' provisions - over 107%.

    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 15.1% (min required 8%), Base capital adequacy ratio (H1.1) reached 9.4% (min required 4.5%), Core capital adequacy ratio (H1.2) - 14.3% (min required 6%).

    Quick liquidity ratio (H2) - 86.7% (min required 15%), current liquidity ratio (H3) - 134.0% (min required 50%), long-term liquidity ratio (H4) - 38.0% (max required 120%).

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