Equity capital of OTP Bank as of January 1st equales to 11.9 billion rubles which exceeds the last year results in almost 2 times.
Net profit of OTP Bank as of January 1st amounts to 1.8 billion rubles which exceeds the last year results in 1.5 times.
Bank’s assets as of January 1st, 2009 reached 79 billion rubles, while in 2007 the assets equaled to 61.2 billion rubles.
As of January 1st, 2009 the volume of retail credit portfolio is more than 40.6 billion rubles which is by 41% higher than the last year results. The volume of corporate credit portfolio is 17.8 billion rubles which is by 31.8% higher than the last year results. The retail deposit portfolio amounts to 19 billion rubles as of January 1st, 2009.
The consumer finance business-line is one of the highest priorities for OTP Bank. That is why in 2008 OTP Bank was not only increasing the volume of its own credit issuing, but was also widening the network of partner-companies to offer bank’s credit products. Particularly, in December 2008 OTP Bank and “DOMO” retailer has signed the agreement. At the moment OTP Bank credit products are available in Novokuznezk, Novosibirsk, Barnaul and other Russian cities.
In 2008 the average emission of credit cards was about 150-200 thousand cards a month. In 2008 the total amount of activated cards was about 950 thousands, and the number of active users has reached 650 thousand people. In 2009 OTP Bank plans to keep this speed of emission.
In the framework of sales network development OTP Bank launched 2 big branches in Samara and Nizhniy Novgorod. In 2008 40 new offices were opened. In the nearest future new branch in Chelyabinsk, and 2 sales offices in Perm and Lipezk will be opened. Overall sales network of OTP Bank amounts to more than 200 clients service points in 71 Russian regions.