According to experts, 2013 has become quite difficult for Russian economy. Slowdown economic growth, which began in 2012, intensified and turned into stagnation. According to Rosstat, Russia's GDP growth in 2013 was only 1.3% against 3.4% in 2012. Gross value added growth slowed down in all sectors of the Russian economy. At the same time, the largest growth in 2013 was recorded in the field financial activities and amounted to 12.0% (19.6% in 2012). The growth of value added in trade in 2013 slowed down to 1.1% from 3.8% in 2012, mining - up to 0.9% to 1.6%, in transport and communications - 0.9% from 3.8%, in manufacturing industries - 0.8% from 2.7%.
The share of expenditures on final consumption in the structure of GDP at the end of 2013 increased and amounted to 71.1% (for comparison - 68.3% in 2012). The share of net exports decreased in 2013 to 5.7% from 7.4% in 2012.
The only source of growth in 2013 remained private consumption, which supported growth consumer lending, and increase wages budget employee. However, the growth rate of retail lending, which was the main driver of the banking market in 2010-2012, slowed down to 30%. In the future, this trend may continue due to the introduction of additional restrictions by the Central Bank of the Russian Federation in order to streamline the consumer lending market, the adoption of which is caused by the high level of debt load of the population and the growth rate of overdue debt, which in 2013 for the first time exceeded the growth rate of the loan portfolio.
Also, 2013 was characterized by a significant decline in investment in the Russian economy and the outflow of capital from the country, the main reason for which can be called the completion of a number of large-scale government infrastructure projects.
At the end of 2013, the assets of the banking sector grew by 16% against 19% in 2012. The stagnation of the Russian economy had a negative impact, first of all, on the growth rate of lending to large businesses (10% in 2013 against 12% in 2012) . The segment that managed to maintain the previous growth rates (17-18% per year) is lending to small and medium-sized businesses.
Nevertheless, corporate business remains an important activity and plays a significant role in the formation of the Bank's loan portfolio and income. The bank has a widely diversified client base, which can provide a wide range banking services.
According to the segmentation of the customer base, the corporate block includes customers with annual revenues of 4.0 billion rubles or more.
For JSCB "ROSBANK" servicing corporate clients remains one of the priority areas of activity, and, developing all areas of this business, the Bank offers a full range of banking services.
The Bank has a diversified corporate loan portfolio, a significant share of which is funds provided to enterprises in the electric power industry, the petrochemical and oil and gas industries, ferrous and non-ferrous metallurgy, mechanical engineering, the military-industrial complex, wholesale and retail trade, and the food industry.
In 2013, the Bank retained its interest in servicing small and medium-sized businesses (hereinafter - SMEs). The presence of a branch network (SME products are provided in 97 branches of the Bank) provides an opportunity for small and medium-sized businesses to receive any banking service in a place as close as possible to the place of business.
At the end of 2013, over 1408 clients of small and medium businesses (including individual entrepreneurs) various sectors of the economy (trade, industry, construction, exploration and mining, metallurgy, Agriculture and agro-industrial complex, mechanical engineering) loans were issued in excess of 10 billion rubles.
The loan portfolio of JSCB ROSBANK as of 01/01/2013 and 01/01/2014 is presented in Table B.1.
Thus, the volume of net loan debt as of January 1, 2014 amounted to 47,9159,870 thousand rubles, which is 9,327,732 thousand rubles. more than as of January 1, 2013. As of January 1, 2014, the volume of other funds placed with the Bank of Russia amounted to 3,569,213 thousand rubles. while on 01.01.2013 their number was zero. The amount of interbank loans and deposits decreased during the reporting year by 9,781,402 thousand rubles. The volume of loan debt of legal and individuals for the reporting year increased by 1847446 thousand rubles. and 17029539 thousand rubles. accordingly, at the same time, the growth rate of the amount of loan debt of individuals outstrips the growth rate of the amount of loan debt of legal entities by 6.87%. The growth in lending to individuals can be explained by the all-Russian trend towards an increase in retail business.
The amount of reserves for possible losses on loans to legal entities decreased over the reporting year by 690,752 thousand rubles. and amounted to 01/01/2014 27819668 thousand rubles. The same indicator for loans to individuals, on the contrary, increased by 2511211 thousand rubles. and according to the data as of 01/01/2014 is 22587290 thousand rubles.
Geography of the loan portfolio of JSCB ROSBANK according to information as of 01.01.2014 and 2013 represented by the data in Table B.2, you can clearly see it in Figure 1.
Thus, according to the data as of 01.01.2014, as well as as of 01.01.2013, a significant part of loans (97.19% and 93.57%, respectively) was provided to companies operating in Russian Federation, which represents a significant geographic concentration in one region.
The largest share of loans invariably goes to clients of the Central Federal District(including Moscow and the Moscow region). In addition, there is a trend to reduce the issuance of loans to customers foreign countries- territories of the CIS, Europe, USA and others.
Figure 1 - Loan portfolio geography
OJSC JSCB ROSBANK as of January 1, 2014
The structure of the retail loan portfolio of JSCB ROSBANK is shown in table 5.
Table 5 - Structure of the retail loan portfolio of JSCB "ROSBANK"
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Index |
As of 01.01.2014 |
As of 01/01/2013 |
Change |
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absolute value (contract value), thousand rubles |
specific gravity in the total amount of loans, % |
absolute change, thousand rubles |
growth rate, % |
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Loans to individuals, including: |
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Home loans |
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Mortgage loans |
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Auto loans |
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Consumer loans |
The structure of the retail loan portfolio in 2013 changed somewhat due to a reduction in the share of car loans - 27.37% as of 01.01.2014 compared to 32.92% as of 01.01.2013 reporting year lagged behind other areas of retail lending). Share of other consumer loans increased to 49.03%, and the share mortgage loans increased to 22.11% (by 18446168 thousand rubles and 7099362 thousand rubles respectively). Sales growth credit cards and overdrafts included consumer loans in 2013, the continuous increase in demand from the population and measures to improve the Bank's loan products taking into account changing market conditions.
Loan structure legal entities in OJSC JSCB "ROSBANK" is clearly shown in Figure 2.
Figure 2 - Structure of loans to legal entities of JSCB ROSBANK as of 01.01.2014, thousand rubles
Data reporting form 0409302 “Information on Placed and Borrowed Funds” provides detailed information on the consolidated sectoral structure of the Bank's corporate loan portfolio, which is presented in Table B.3.
The diagram confirms that the Bank has a diversified corporate loan portfolio. The Bank's clients are enterprises in the extractive industry, companies producing and distributing water, gas and electricity, manufacturing industries, enterprises of mechanical engineering, the military-industrial complex, wholesale and retail trade, the food industry, and transport companies.
The total volume of loans to legal entities for the reporting period increased by 12367447 thousand rubles, i.e. by 6.62%. Wholesale and retail lending has the largest share in the total volume of the corporate loan portfolio - 26.21%; R. the share of loans granted to enterprises in the mining industry and companies conducting real estate transactions decreased by 9,005,137 thousand rubles. and 619358 thousand rubles. respectively.
Table B.4 presents the loan portfolio of JSCB ROSBANK by terms remaining until the full repayment of the debt.
Depending on the terms of crediting, there are long-term, medium-term and short-term loans. The shorter the term of the loan, the more liquid it is. As maturities lengthen, liquidity decreases and credit risk. Table B.4 shows that the largest share in the structure of the loan portfolio is loan investments over 1 year.
The total amount of loans issued for a period of more than a year amounted to 01/01/2014 251.39 billion rubles, which is 4.19 billion rubles. more compared to the data as of 01/01/2013. Loans issued by JSCB ROSBANK to legal entities for a period of more than 1 year amounted to: 71.56 billion rubles. as of January 1, 2013, 72.56 billion rubles as of 01.01.2014 JSCB ROSBANK gives priority to issuing medium-term and long-term loans.
JSCB ROSBANK is a modern credit organization that takes an active position in all types of financial services. The bank is distinguished by flexibility in decision-making and an individual approach to each client. The stable position in the Russian market, the reputation of a reliable and proven Bank, as well as highly professional management allowed the Bank to make a profit of 858 million rubles.
During 2016, the banking group Societe Generale in Russia* (hereinafter referred to as the Group) significantly improved its financial results, earning a net profit of RUB 3.1 billion. compared to a loss of 9.2 billion rubles. in 2015. Already in the second half of 2016, the results of the Group moved into the positive zone and in the 4th quarter alone amounted to 2.8 billion rubles.
Despite the challenging economic environment, the Group's activity in the Russian market has largely recovered. In particular, the growth of the active client base has resumed, the volume of loans to individuals is returning to the pre-crisis level, and to legal entities - exceeding them, which allows the Group to maintain its market position in the retail business and increase its market share in corporate business.
The volume of the Group's retail loans in 2016 increased by 35% compared to 2015, although it still remains below the level of 2014 (-22%). As a result, the Group continues to maintain its leading position in the retail lending market, increasing its market share in lending from 3.4% to 3.6%, while in the consumer lending segment, the market share increased from 2.2% to 2.6%.
Along with this, the Group maintains its leadership in mortgage and car loans thanks to high performance specialized subsidiary banks DeltaCredit and Rusfinance Bank.
DeltaCredit is in the top 5 in terms of mortgage lending (according to the analytical center Rusipoteka) with a market share of 3.1%. The total volume of mortgage loans issued in 2016 is 44% higher than in 2015, while the quality of the ruble mortgage portfolio is much higher than the market average. As of December 31, 2016, the 90+ delinquency in the ruble mortgage portfolio of DeltaCredit is 1.21%, compared to the market rate of 2.65%.
Rusfinance Bank consistently ranks among the TOP-3 banks in the car lending market with a 13.5% share. The total volume of car loans issued in 2016 is 28% higher than in 2015. The Bank continues to participate in state program preferential car loans, within which it ranks second in terms of loans (according to the Ministry of Industry and Trade).
In 2016, Rosbank continued to successfully increase its client base: the number of new clients attracted in 2016 was 33% higher than in 2015, and the portfolio of active clients grew by 1%. This was made possible thanks to innovations in the field of daily banking service, as well as effective synergy with corporate business. Thus, in the 4th quarter of 2016, Rosbank, together with the international payment system Mastercard and O'KEY Group have launched debit card ROSBANK OK Mastercard. Rosbank card Visa Platinum Supercard+ is recognized as the most attractive for customers with an income above the average - about 130 thousand rubles per month, according to RBC.
As part of the international group Societe Generale, Rosbank continues to increase its share in the banking services market for the largest Russian and international companies, the volume of loans in 2016 exceeds the figure for 2015 by 29% (excluding currency revaluation).
Societe Generale/Rosbank are leaders in the Russian syndicated lending market with a 23.5% share (according to news agency Bloomberg). Major transactions with major clients during 2016, organized jointly with Societe Generale:
Rosbank is actively expanding its trade finance business. Thus, according to the results of 2016, Rosbank occupies the 7th position in the market in terms of portfolio volume trade finance showing an increase of 25% over the previous year.
Development continues investment services. In 2016, Rosbank placed 23 market issues of 16 issuers for a total of RUB 88.4 billion, ranking fifth in the Cbonds rating of leading arrangers of market placements of Russian bonds. The share of Rosbank in market issues amounted to 7.95%. The bank also ranks fifth among corporate issuers with a market share of 5.73% and third among mortgage bond issuers with a market share of 14.55%.
Rosbank Factoring occupies a prominent position in the market factoring services. According to the results of 2016, the company ranked 8th in the overall rating published by the Association of Factoring Companies of Russia, continues to increase its client portfolio (+56% compared to 2015) and the turnover of assigned accounts receivable(+42% compared to 2015).
Rosbank Leasing shows high dynamics - the portfolio of transactions increased by 13% in 2016. Rosbank Leasing became a laureate of the annual award "Financial Elite of Russia - 2016" in the nomination "Dynamics of Development", subgroup "Leasing".
Banks of the Group aim to cooperate with the most reliable borrowers, carefully assess the solvency of customers in new economic conditions and give priority to the quality of the loan portfolio.
Guided by these principles, during 2015 and the first half of 2016 the Group pursued a policy of significantly more cautious resumption of retail lending than the market as a whole. It was only in the second half of 2016 that retail lending gained momentum, as a result of which the group's retail loan portfolio decreased by 8% since the beginning of 2016 (excluding currency revaluation).
At the same time, the corporate loan portfolio continued to grow, having increased by 2% since the beginning of 2016 (excluding currency revaluation) against the backdrop of negative market dynamics during the year (-3.6%). At the same time, it is necessary to note the change in the structure of the corporate loan portfolio by currency over the past 12 months: the share of loans in foreign currency; while the share of corporate loans in rubles increased by 17%. Such changes had a positive impact on the Group's interest margin.
As a result of such mutual dynamics of the retail and corporate portfolios, and despite the dynamic growth in disbursements, the Group's total loan portfolio for 2016 decreased by 4% (excluding currency revaluation).
During 2016, the Group's customer liability portfolio decreased by 4% (excluding currency revaluation). The driver of the decline was the funds of legal entities, the volume of which was systematically reduced in 2016 by 15% (excluding currency revaluation), compared to the market (-4%). On the one hand, the dynamics is explained by the need to bring the volume of liabilities in line with the dynamics of the loan portfolio, on the other hand, to replace them with cheaper funds from individuals.
The volume of retail funds increased in 2016 by 13% (excluding currency revaluation), which exceeds the figures banking system(+9.2%). Especially noteworthy is the 50% increase in demand funds of individuals (excluding currency revaluation). The market share in this segment increased from 1% to 1.43% during the year, which is fully in line with the Group's goal of developing a transactional business.
The Group's net interest income in 2016 amounted to RUB 38.9 billion, up 4% year-on-year. The positive dynamics is mainly due to the improvement in the interest margin as a result of the reduction in the cost of financing due to consistent measures to optimize the balance sheet structure.
Net fee and commission income in 2016 amounted to RUB 8 billion, up 7% compared to 2015. On the one hand, the dynamics of commissions is due to the activation of retail lending and, as a result, the growth of commissions from insurance companies (commission income of the retail business grew by 29%). On the other hand, corporate business fee and commission income grew due to the development of cash settlement services (+16%) and trade finance (+23%).
The Group's operating expenses in 2016 amounted to 32.9 billion rubles, remaining at the level of 2015, despite inflation, which amounted to 5.4% in 2016. The containment of growth became possible as a result of cost optimization measures taken by Rosbank: further reorganization of the retail network, as well as staff cuts by 8.7% compared to 2015.
Allocations to reserves in 2016 amounted to RUB 12.7 billion, down 42% year-on-year. The effect of reducing provisions was achieved mainly due to the restoration of the quality of the retail portfolio, as well as the improvement of debt collection processes. The quality of the corporate portfolio remains at high level. At the same time, these results include expenses incurred to refinance the foreign currency mortgage portfolio. Based on the results of the work done, we do not expect any further material negative impact of this activity on the results of the Group.
“The banking group Societe Generale in Russia continues to improve its performance in all areas of business. During 2016, we increased our market share in both retail and corporate business. The increase in operating efficiency was made possible by the improvement of all business processes of the Group, along with the formation of a corporate culture aimed at change. For example, Rosbank is implementing lean management to increase staff involvement in improving internal banking processes, as well as an agile approach to change management. A new loan pipeline for retail loans was also deployed, a CRM platform was launched to increase automation banking, the centralization of the support functionality was carried out in two cities - Nizhny Novgorod and Krasnoyarsk. Thanks to the efforts of the team in 2016, the Group became more resilient to external influences, and also better prepared for further sustainable and efficient business growth in the future » Dmitry Olyunin, Chairman of the Board of RosbankRosbank and its subsidiaries maintain strong positions in terms of liquidity and capital adequacy ratios, which significantly exceed the mandatory ratios set by the regulator. International rating Fitch agencies Ratings and Moody's Investors Service have affirmed the ratings of Rosbank, Rusfinance Bank and DeltaCredit in 2016 at the level of the country's sovereign rating.
* Rosbank, DeltaCredit, Rusfinance Bank and their subsidiaries
As of 11/01/2019 clean PJSC assets ROSBANK is 1.2 trillion. rub. The dynamics of net assets is positive, since the beginning of the year the size of the Bank's net assets has increased by 10.8%. In particular, over the past month, net assets increased by 1%. Loans to customers account for the largest share in assets.
As of November 1, 2019, the volume of the loan portfolio (net) is 623.3 billion rubles. or 51.8% of net assets. Since the beginning of the year, the size of the net loan portfolio has increased by 49.1%, which is due to both the growth in lending volumes and the improvement in the quality of the loan portfolio, accompanied by the release of reserves. Over the last month, the growth of the net loan portfolio amounted to 9.7 billion rubles. As of November 1, 2019, the loan-to-deposit ratio is 81.1%. The structure of the loan portfolio is dominated by the retail loan portfolio (54.6%), while the corporate loan portfolio accounts for 45.4%. Since the beginning of the year, the corporate loan portfolio has decreased by 1.8%, while the amount of loan debt of individuals and individual entrepreneurs has increased by 145.2%. The quality of the loan portfolio is good, as of November 1, 2019, the share of overdue loans is only 4.7%. Since the beginning of the year, the volume of overdue debt increased by 7.9%, but due to the higher growth rate of lending, the share of overdue debt in the loan portfolio decreased by 165.38 b.p. The overdue debt on loans to legal entities is 11.4 billion rubles. or 3.8% of the corporate loan portfolio, the amount of overdue debt on loans to individuals is 15.8 billion rubles. (4.4% of retail loans). As of November 1, 2019, provisions for possible losses were formed at 5% of the loan debt.
The share of interbank loans and deposits in net assets Bank - 18.3%. As of November 1, 2019, the Bank is a net creditor in the interbank market. Volume of loans/deposits placed in foreign banks is 77.4 billion rubles. (35.2% of the IBC portfolio). Overdue debt on placed interbank loans and deposits is insignificant. Provisions for possible losses on funds placed on the interbank market are insignificant.
The securities portfolio accounts for 9.8% of net assets.
Since the beginning of the year, the amount of investments in subsidiaries and affiliates has decreased by 31.4%. As of November 1, 2019, the share of direct investments in the Bank's assets is 2.3%.
Funding is based on customer funds (67.3% of liabilities). Since the beginning of the year, the volume of the deposit base has grown by 11.9% and as of 01.11.2019 is 809.3 billion rubles. Including over the last month, the inflow of customer funds amounted to 19.8 billion rubles. Among customer funds, legal entities account for 60.9%, individuals and individual entrepreneurs account for 39.1%. Since the beginning of the year, both the volume of funds of private clients and the volume of funds on accounts and deposits of legal entities have grown. As for the funds of corporate clients, term deposits have a significant share (57.1%). However, most of these deposits are placed for a period of less than a year.
As of October 1, 2019, PJSC ROSBANK earned RUB 10.9 billion. net profit, which is 17.7% more than the profit received a year earlier. Meanwhile, at the end of the reporting period, the Bank recorded a net loss from discontinued operations in the amount of 7 million rubles.
During the reporting period, the Bank's operating income amounted to 35.8 billion rubles. In the structure of operating income, net interest income is 62.4%, and the share of commission income is 24.4%. Net interest income, excluding provisioning for possible losses on loans, increased by 6.4% yoy. AT reporting period reserves were formed in the amount of 4.2 billion rubles, while a year earlier there was a release of reserves. As a result, net interest income decreased by 19.5% year-on-year to RUB22.4bn. As of 10/01/2019, the net interest margin is 3.3%. The Bank's net fee and commission income increased by 30% over the year and amounted to RUB 8.7 billion. The most stable income, net interest and commissions, covers the costs of maintaining the Bank's activities by 139.2%. In the reporting period, the Bank recorded losses from operations with securities available for sale. The Bank also incurred expenses related to the formation of provisions for other losses.
On an annualized basis, the Bank's operating expenses decreased by 18.4%. As of October 1, 2019, the cost income ratio of operating expenses to net income is 62.3%, which is a normal value. As of October 1, 2019, the return on assets is 1.2%. Return on equity is 9.7%, which limits the opportunities for capitalization of profits.
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01 November 2019 01 October 2019 01 September 2019 01 August 2019 01 July 2019 01 June 2019 01 May 2019 01 April 2019 01 March 2019 01 February 2019 01 January 2019 01 December 2018 01 November 2018 01 October 2018 01 September 2018 01 August 2018 01 July 2018 01 June 2018 01 May 2018 01 April 2018 01 March 2018 01 February 2018 01 January 2018 01 December 2017 01 November 2017 01 October 2017 01 September 2017 01 August 2017 01 July 2017 01 June 2017 01 May 2017 01 April 2017 01 March 2017 01 February 2017 01 January 2017 01 December 2016 01 November 2016 01 October 2016 01 September 2016 01 August 2016 01 July 2016 01 June 2016 01 May 2016 01 April 2016 01 March 2016 01 February 2016 01 January 2016 01 December 2015 01 November 2015 01 October 2015 01 September 2015 01 August 2015 01 July 2015 01 June 2015 01 May 2015 01 April 2015 01 March 2015 01 February 2015 01 January 2015 01 December 2014 01 November 2014 01 October 2014 01 September 2014 01 August 2014 01 July 2014 01 June 2014 01 May 2014 01 April 2014 01 March 2014 01 February 2014 01 January 2014 01 December 2013 01 November 2013 01 October 2013 01 September 2013 01 August 2013 01 July 2013 01 June 2013 01 May 2013 01 April 2013 01 March 2013 01 February 2013 01 January 2013 01 December 2012 01 November 2012 01 October 2012 01 September 2012 01 August 2012 01 July 2012 01 June 2012 01 May 2012 01 April 2012 01 March 2012 01 February 2012 01 January 2012 01 December 2011 01 November 2011 01 October 2011 01 September 2011 01 August 2011 01 July 2011 01 June 2011 01 May 2011 01 April 2011 01 March 2011 01 February 2011 01 Jan May 2011 01 December 2010 01 November 2010 01 October 2010 01 September 2010 01 August 2010 01 July 2010 01 June 2010 01 May 2010 01 April 2010 March 2010 01 February 2010 01 January 2010 01 December 2009 01 November 2009 01 October 2009 01 September 2009 01 August 2009 01 July 2009 01 June 2010 May 2009 April 1, 2009 March 1, 2009 February 1, 2009 January 1, 2009 December 1, 2008 01 November 2008 01 October 2008 01 September 2008 01 August 2008 01 July 2008 01 June 2008 01 May 2008 01 April 2008 01 March 2008 01 February 2008 01 January 2008 01 December 2007 01 November 2007 01 October 2007 01 September 2007 01 August 2007 01 July 2007 01 June 2007 01 May 2007 01 April 2007 01 March 2007 01 February 2007 01 January 2007 01 December 2006 01 November 2006 01 October 2006 01 September 2006 01 August 2006 01 July 2006 01 June 2006 01 May 2006 01 April 2006 01 March 2006 01 February 2006 01 January 2006 01 December 2005 01 November 2005 01 October 2005 01 September 2005 01 August 2005 01 July 2005 01 June 2005 01 May 2005 01 April 2005 01 March 2005 01 February 2005 01 January 2005 01 December 2004 01 November 2004 01 October 2004 September 1, 2004 August 1, 2004 July 1, 2004 June 1, 2004 May 1, 2004 April 1, 2004 March 1, 2004 February 1, 2004 |
Select a report: |
Under the reliability of the bank we will understand the totality of factors under which the bank is able to fulfill its obligations, have an adequate margin of safety when crisis situations, do not violate the standards and laws established by the Bank of Russia.
It should be borne in mind that only on the basis of reporting it is impossible to accurately determine the degree of reliability of the bank, so the study below is indicative.
Bank stability is the ability to withstand any external influences. Dynamics over a certain period may show stability (either improvement or deterioration) of various indicators, which may also indicate the stability of the bank.
public joint-stock company ROSBANK is largest by a Russian bank and ranks 11th among them in terms of net assets.
On the reporting date(October 01, 2019) the net assets of ROSBANK amounted to 1223.12 billion rubles In a year assets increased by 20.60%. Growth of net assets slightly affected the return on assets ROI: over the year, the net return on assets fell from 1.47% to 1.46% .
In terms of services rendered, the bank mainly attracts client money, and these funds are sufficient diversified(between legal entities and individuals), and invests funds are mainly loans.
ROSBANK - subsidiary foreign bank.
ROSBANK - is on the pawn list
, and the Bank of Russia accepts as collateral the bonds of the credit institution in question; has the right to work with the Pension Fund of the Russian Federation
and can attract its funds in trust management, in deposits and savings for housing military personnel; has the right to work with non-state pension funds implementing the mandatory pension insurance
, and can attract pension savings and savings for housing for military personnel; has the right to open accounts and deposits in accordance with the law 213-FZ of July 21, 2014.
, i.e. organizations of strategic importance for the military-industrial complex and security of the Russian Federation; to a credit institution appointed authorized representatives of the Bank of Russia.
The bank's liquid assets are those funds of the bank that can be quickly turned into cash in order to return them to depositor customers. To assess liquidity, consider a period of approximately 30 days during which the bank will be able (or not able) to fulfill part of its obligations financial obligations(because no bank can return all obligations within 30 days). This "part" is called the "proposed outflow". Liquidity can be considered an important component of the concept of bank reliability.
Brief Structure highly liquid assets present in the form of a table:
| Name of indicator | October 01, 2018, thousand rubles | October 01, 2019, thousand rubles | ||
|---|---|---|---|---|
| cash on hand | 10 826 785 | (6.65%) | 10 179 077 | (4.07%) |
| funds on accounts with the Bank of Russia | 26 477 386 | (16.27%) | 33 658 284 | (13.44%) |
| NOSTRO correspondent accounts in banks (net) | 5 331 597 | (3.28%) | 51 844 134 | (20.71%) |
| interbank loans placed for up to 30 days | 71 935 197 | (44.21%) | 147 705 598 | (59.00%) |
| highly liquid securities of the Russian Federation | 46 586 541 | (28.63%) | 6 274 565 | (2.51%) |
| highly liquid securities of banks and states | 1 848 611 | (1.14%) | 802 765 | (0.32%) |
| highly liquid assets, taking into account discounts and adjustments (based on Ordinance No. 3269-U dated May 31, 2014) | 162 728 825 | (100.00%) | 250 344 011 | (100.00%) |
From the table of liquid assets, we see that the amounts of cash on hand have slightly changed, the amounts of funds on accounts with the Bank of Russia have increased, the amounts of NOSTRO correspondent accounts in banks (net), interbank loans placed for up to 30 days have greatly increased, the amounts of highly liquid securities have greatly decreased. securities of the Russian Federation, highly liquid securities of banks and governments, while the volume of highly liquid assets, taking into account discounts and adjustments (based on Ordinance No. 162.73 to 250.34 billion rubles
Structure current liabilities is shown in the following table:
| Name of indicator | October 01, 2018, thousand rubles | October 01, 2019, thousand rubles | ||
|---|---|---|---|---|
| deposits of individuals with a term of more than a year | 77 523 550 | (11.71%) | 88 414 695 | (11.70%) |
| other deposits of individuals (including individual entrepreneurs) (up to 1 year) | 192 436 080 | (29.07%) | 242 620 417 | (32.12%) |
| deposits and other funds of legal entities (up to 1 year) | 329 184 895 | (49.73%) | 356 891 843 | (47.24%) |
| including current funds of legal entities (without IP) | 160 014 168 | (24.17%) | 194 955 667 | (25.81%) |
| correspondent accounts of LORO banks | 23 277 787 | (3.52%) | 37 994 908 | (5.03%) |
| interbank loans received for up to 30 days | 23 306 385 | (3.52%) | 8 629 640 | (1.14%) |
| own securities | (0.00%) | (0.00%) | ||
| obligations to pay interest, arrears, accounts payable and other debts | 16 228 393 | (2.45%) | 20 883 426 | (2.76%) |
| expected churn Money | 217 606 584 | (32.87%) | 238 947 763 | (31.63%) |
| current liabilities | 661 957 365 | (100.00%) | 755 435 204 | (100.00%) |
During the period under review, what happened to the resource base was that the amounts of deposits of individuals with a period of more than a year, deposits and other funds of legal entities (for a period of up to 1 year), own securities slightly changed, the amounts of other deposits of individuals increased (in tons .h. IP) (up to 1 year), incl. current funds of legal entities (without individual entrepreneurs), interest payment obligations, delinquencies, accounts payable and other debts, the amounts of correspondent accounts of LORO banks have increased significantly, the amounts of interbank loans received for up to 30 days have significantly decreased, while the expected outflow of funds has increased over year from 217.61 to 238.95 billion rubles
At the moment under consideration, the ratio of highly liquid assets (funds that are easily available to the bank over the next month) and the estimated outflow of current liabilities gives us the value 104.77% what says good margin of safety to overcome a possible outflow of funds from bank customers.
In correlation with this, the standards of instant (H2) and current (H3) liquidity are important for consideration, the minimum values of which are set at 15% and 50%, respectively. Here we see that the H2 and H3 standards are now at sufficient level.
Now let's track the dynamics of change liquidity indicators during a year:
According to the median method (discarding sharp peaks): the sum of the norm of instant liquidity H2 during of the year tends to significant growth, but for the last half a year tends to increase, the amount of the standard current liquidity H3 during year and last semester tends to significant growth, and the expert reliability of the bank during year and last semester tends to increase.
Other coefficients for assessing the liquidity of PJSC ROSBANK can be seen at this link.
The volume of assets that generate income for the bank is 87.48% in total assets, and the volume of interest-bearing liabilities is 82.93% in total liabilities. The volume of earning assets is approximately in line with the average for the largest Russian banks (87%).
Structure earning assets at the moment and a year ago:
| Name of indicator | October 01, 2018, thousand rubles | October 01, 2019, thousand rubles | ||
|---|---|---|---|---|
| Interbank loans | 246 327 325 | (26.91%) | 275 240 378 | (25.72%) |
| Corporate loans | 301 606 277 | (32.95%) | 290 436 588 | (27.14%) |
| Loans to individuals | 141 990 618 | (15.51%) | 334 767 673 | (31.29%) |
| Bills | (0.00%) | (0.00%) | ||
| Investments in leasing operations and acquired rights of claim | 981 895 | (0.11%) | 16 799 090 | (1.57%) |
| Investments in securities | 192 988 716 | (21.08%) | 120 009 026 | (11.22%) |
| Other income-generating loans | 2 380 626 | (0.26%) | 2 609 412 | (0.24%) |
| Income assets | 915 444 281 | (100.00%) | 1 069 952 229 | (100.00%) |
We see that the amounts of Interbank loans, Loans to legal entities, Promissory notes have changed slightly, the amounts of Loans to individuals, Investments in leasing operations and acquired rights of claim have greatly increased, the amounts of Investments in securities have greatly decreased, and total amount earning assets increased by 16.9% from 915.44 to 1069.95 billion rubles
Analytics by degree of security issued loans, as well as their structure:
| Name of indicator | October 01, 2018, thousand rubles | October 01, 2019, thousand rubles | ||
|---|---|---|---|---|
| Securities accepted as collateral for issued loans | 64 982 972 | (9.37%) | 394 639 299 | (43.84%) |
| Property accepted as security | 146 826 410 | (21.18%) | 221 187 223 | (24.57%) |
| Precious metals accepted as collateral | (0.00%) | (0.00%) | ||
| Received guarantees and guarantees | 801 816 688 | (115.65%) | 1 075 626 948 | (119.49%) |
| Loan portfolio amount | 693 286 741 | (100.00%) | 900 193 809 | (100.00%) |
| - incl. corporate loans | 278 063 902 | (40.11%) | 247 901 257 | (27.54%) |
| - incl. physical loans persons | 141 990 618 | (20.48%) | 334 767 673 | (37.19%) |
| - incl. bank loans | 246 327 325 | (35.53%) | 260 240 378 | (28.91%) |
An analysis of the table suggests that the bank is focusing on diversified lending, the form of security of which is property liens. The overall level of loan collateral is quite high and possible loan defaults are likely to be offset by the amount of collateral.
Brief structure interest liabilities(i.e. for which the bank usually pays interest to the client):
| Name of indicator | October 01, 2018, thousand rubles | October 01, 2019, thousand rubles | ||
|---|---|---|---|---|
| Funds of banks (interbank credit and correspondent accounts) | 92 097 966 | (11.06%) | 84 629 752 | (8.34%) |
| Legal funds persons | 367 339 219 | (44.10%) | 410 215 255 | (40.44%) |
| - incl. current funds of legal entities. persons | 166 439 430 | (19.98%) | 218 069 933 | (21.50%) |
| Physical contributions. persons | 263 534 368 | (31.64%) | 307 920 846 | (30.36%) |
| Other interest-bearing liabilities | 110 005 752 | (13.21%) | 211 519 936 | (20.85%) |
| - incl. loans from the Bank of Russia | 46 718 | (0.01%) | 19 435 | (0.00%) |
| Interest Liabilities | 832 977 305 | (100.00%) | 1 014 285 789 | (100.00%) |
We see that the amounts of Funds of banks (Interbank credit and correspondent accounts), Funds of legal entities have changed slightly. individuals, deposits of individuals. persons, and the total amount of interest liabilities increased by 21.8% from 832.98 to 1014.29 billion rubles
The structure of assets and liabilities of PJSC ROSBANK can be considered in more detail.
Profitability of sources of own funds (calculated according to balance sheet data) insignificantly over the year from 7.26% to 7.26%. At the same time, the return on equity ROE (calculated on forms 102 and 134) increased over the year from 11.10% to 11.98%(here and below, data are given in percent per annum for the nearest quarterly date).
Net interest margin decreased over the year from 3.52% to 3.07%. Profitability of lending operations decreased over the year from 10.48% to 9.82%. The cost of funds raised has changed little over the year from 4.72% to 4.69%. The cost of borrowed funds from banks increased over the year from 5.16% to 5.37%. The cost of household funds (individuals) decreased over the year With
Credit report date 24.06.2019
Validity of recommendations - 1 year
Public Joint Stock Company ROSBANK
Reg. number: 2272
Main components:
Based on the results of the risk assessment, there are no restrictions on the placement of funds in financial instruments Jar. In case of a stressful situation, the Bank is highly likely to receive support from the state and the main shareholder
The bank is 99.97% owned by the French Societe Generale S.A. (head bank of the international financial group Societe Generale, hereinafter referred to as the SG group).
Reporting of Bank GPB (JSC) as of May 1, 2019 (billion rubles, changes over 4 months) under RAS (data and interpretations under IFRS for 2018 and 1Q 2019 are also used).
Capital - 134,155 billion rubles (+7.057 billion rubles)by 123form.
Assets RUB 1,106.523 billion. (+169.366 billion rubles.).
70.475 billion rubles (+35.023 billion rubles.) - cash desk and correspondent accounts.
197.775 billion rubles (+32.516 billion rubles.) - attachmentsinvaluablepaper.
291.934 billion rubles (+49.999 billion rubles.) - interbank loans
317.573 billion rubles(+40.064 billion rubles)- loans to legal entities and individual entrepreneurs, including overdue debt - 12.096 billion rubles. (+4.125 billion rubles) or 3.81% under RAS.
143.844 billion rubles loansphysicalpersons. (+10.031 billion rubles), including balance overdue debt - 17.088 billion rubles. (-1.011 billion rubles) or 11.88% under RAS.
24.394 billion rubles(+0.454 billion rubles) - fixed assets and capital investments.
Liabilities:
389.775 billion rubles (+45.631 billion rubles)- means of legal persons.
292.057 billion rubles (+38,977 billion rubles) - contributions of individuals. persons.
RUB 95.366 billion (+17.804 billion rubles.
58,587 billion rubles
33.594 billion rubles- formed reserves.
Profit (according to RAS):
For 4 months of 2019 - +1.368 billion rubles. For 2018 net profit amounted to +11.402 billion rubles. For 2017 +7.354 billion rubles.
(July 2018)
Main components:
Based on the results of the conducted risk assessment, there are no restrictions on the placement of funds in the Bank's financial instruments. In the event of a stressful situation, the Bank is highly likely to receive support from the main shareholder
99.95088% of the authorized capital of the Bank belongs to Societe Generale S.A. (Societe General S.A.)
0.0492% - minority shareholders.
4.1. Primary ultimate beneficiary
The bank is 99.95% owned by the French Societe Generale S.A. (the head bank of the international financial group Societe Generale, hereinafter referred to as the SG group) and together with its 100% subsidiaries LLC Rusfinance Bank and JSC CB DeltaCredit forms the ROSBANK group
If necessary, the main shareholder is ready to provide financing to the Bank, as well as to inject capital, since Russian market is of strategic importance to Societe Generale S.A.
There is also a high probability of administrative support from the state, due to the Bank's systemic importance in the Russian banking system.
Bank reporting as of July 1, 2018 (billion rubles, changes over 6 months) in accordance with RAS (data and interpretations in accordance with IFRS for 2017 and Q1 2018 are also used).
Capital - 129.415 billion. rub. (+11.278 billion rubles)by 123form.
Assets - 946.230 billion rubles. (-15.678 billion rubles)
50.460 billion rubles (-10.449 billion rubles.) - cash desk and correspondent accounts.
173.755 billion rubles (+25.568 billion rubles.) - attachmentsinvaluablepaper.
213.290 billion rubles (-43.427 billion rubles.) - interbank loans
282.187 billion rubles(+11.942 billion rubles)- loans to legal entities and individual entrepreneurs, including overdue debt - 9.414 billion rubles. or 3.34% under RAS.
As at 31 December 2017, under IFRS, the Group provided loans to three groups of borrowers whose individual debt exceeded 10% of the Group's equity. As at 31 December 2016 the Group has loans to two groups of borrowers whose individual debt exceeded 10% of the Group's equity.
136.684 billion rubles loansphysicalpersons. (+1.918 billion rubles), including balance sheet overdue debt - RUB 18.205 billion. (-1.536 billion rubles) or 13.32% under RAS
The share of impaired loans (in total for the Group) as of December 31, 2017 under IFRS (overdue and not past due) is 8.04%.
23.978 billion rubles(+0.039 billion rubles) - property (fixed assets, capital investments, etc.)
Liabilities:
331.486 billion rubles (-49.763 billion rubles.) - means of legal. persons.
259.706 billion rubles (+20.879 billion rubles) - contributions of individuals. persons.
Under IFRS, as at 31 December 2017, deposits accounted for 38.9% of total customer accounts.
89.380 billion rubles (+13.084 billion rubles) - funds of credit institutions.
As of December 31, 2017 and 2016 due to banks and international financial organizations included 13,609 million rubles. and 13,610 million rubles. (10% and 11% of the Group's equity), respectively, from three and two banks, respectively, which represents a significant concentration.
54.973 billion rubles- Issued debt.
35.316 billion rubles (-3.764 billion rubles.) - formed reserves
Profit / loss (according to RAS):
For 6 months of 2018 - +6.106 billion rubles. For 2017, profit - +7.354 billion rubles. (For 2016 - profit +0.004 billion rubles)
Return on assets in 2017 -0.76%(according to the results of 2016 - only 1.23%, 2015 -0%).
