The 2011 Financial Results of Nordea Bank Russia

The 2011 Financial Results of Nordea Bank Russia

In 2011 practically all key performance indicators of Nordea Bank Russia (NBR) grew.

In 2011 (as compared to the 2010) the capital of NBR grew 5.2% up to RUB 30.56 bn, total assets grew 43% up to RUB 274.47 bn. As of 01 January 2012 Tier II capital (including subordinated loans) amounted to RUB 30.56 bn.

The total loan portfolio of NBR grew year-on-year 17.42% up to RUB 207.23 bn.

The corporate loan portfolio stood at RUB 177.15 bn while loans to individuals (retail loan portfolio) amounted to RUB 15.92 bn. In 2011 mortgage loans grew 58% up to RUB 13.6 bn and at the end of the year accounted for more than 85% of the retail loan portfolio of NBR.

Key performance indicators of Nordea Bank Russia: * (RUB billion)

All news