Mass Media on the Bank’s Market Positions
Moody’s Confirmed Ratings of Tatfondbank
10 August 2011
Moody’s Investors Service has today confirmed B2/NP long-term and short-term debt and deposit ratings of Tatfondbank, as well as its E+ standalone bank financial strength rating (BSFR). The agency’s assessment is based on the Bank’s financial statements for 2010 prepared under International Financial Reporting Standards.
The agency notes the entrenched position of the Bank in the banking market of the Republic of Tatarstan (Ba1/stable outlook) in Russia and the improvement of its total capital adequacy ratio.
‘Confirmation of Tatfondbank’s ratings by Moody’s is the result of our work for improvement of the Bank’s financial strength and its positions in the banking market of the republic’, said Nailya Tagirova, Deputy Chairman of the Board of Management of OAO AIKB Tatfondbank, commenting on the agency’s ratings.
Tatfondbank Among Top 1000 World Banks
6 July 2011
OAO AIKB Tatfondbank was included in the Top 1000 World Banks ranking of The Banker, a well-known British magazine. All in all, 31 Russian banks were included on this list this year.
The main criterion of the ranking is Tier1 capital (charter capital plus undistributed profit). According to The Banker, Tatfondbank’s Tier1 capital is US$ 268 million.
The Banker, an English specialised magazine dedicated to international finance, is a member of the Financial Times Group. The magazine compiles its annual ranking since 1970. In its present form, the ranking has been published since 1989.
Forbes: Tatfondbank Among Top Hundred Largest Russian Banks
24 March 2010
OAO AIKB Tatfondbank was included in the list of top 100 largest Russian banks published in the March issue of Forbes.
The Forbes experts relied on the ratings of the international rating agencies. The assessment of Tatfondbank is based on B2 deposit rating assigned to the Bank by Moody’s. Also considered were such factors as the assets, equity, and profit.
Tatfondbank ranks 51st in equity, 42nd in the funds attracted from individuals, and 60th in the assets, up 9 places in this factor compared to Forbes rating published in March last year.
Tatfondbank Ranks Second in Russia in Stocks of Precious Coins
18 February 2010
The StatBanker Agency published a report tor 2009 titled “Gold in Banks. Review of the Banks’ Performance in the Market of Gold and precious Metals”, in which it stated that OAO AIKB Tatfondbank holds 4.7% of the total stocks of coins from precious metals kept in Russian banks.
According to the Agency, in 2009 the Russian banks accumulated precious metals in coins and memorable medals worth of US$ 51 million, which is by 33% more compared to 2008.
According to accountancy data published on the web site of the central Bank of the Russian Federation, the incomes of the bank from operations with precious metals grew by 62.2% compared to the previous year, up to RUR 96.3 million.
For reference, Tatfondbank currently offers over 500 items of domestic and foreign collectible and investment coins from gold, silver, platinum, and palladium.
‘It is not the first year that Tatfondbank is a leader in operations with precious coins in Russia. Many coins offered for sale by our bank have never been sold in the country before’, said Rafail Abdyushev, Head of Department for Operations with Precious Metals of OAO AIKB Tatfondbank.
StatBanker is an analytic agency specialised in research of financial services market. The analytic reports are prepared based on official statistics of the Central Bank of the Russian Federation and the Federal State Statistics Services (Goscomstat).
Tatfondbank Improved Its Position in Rating of Top 100 Largest Russian Banks
7 October 2009
OAO AIKB Tatfondbank ranks 63rd in the rating of top 100 largest Russian banks prepared by Expert, a reputable Russian edition, based on the results of the 1st half of 2009.
According to the rating, the Bank’s assets as at 1 July 2009 total RUR 48.2 billion, which is by RUR 4.3 billion, or by 9.9% more compared to the previous year. The Bank’s equity as at 1 July 2009 totals RUR 8.3 billion. This is by RUR 2.06 billion, or by 33.3% more compared to figures of the previous year.
‘The growth of assets by a third is a consequence of a considerable inflow of customers and the increased volumes of the attracted funds. The Bank’s equity has grown, first of all, due to the increased authorised capital. As a result of the additional issue, the Government of the Republic of Tatarstan has consolidated some 33% of the Bank’s shares’, said Vyacheslav Vdovin, Director of the Information Analysis Directorate of OAO AIKB Tatfondbank, commenting on the results of the rating.
Tatfondbank Among Top 50 Largest Russian Banks in Size of Loan Portfolio
15 September 2009
Tatfondbank ranks 43rd in the rating of largest Russian banks in the size of the loan portfolio prepared by RosBusinessConsulting Agency based on the information for the 1st half of 2009. Over the year, the Bank moved up by 11 lines, having increased its loan portfolio by 16% up to RUR 36.3 billion. The Bank also moved up by 9 lines to rank 34th in the volume of corporate loans.
Besides, compared to previous year, the Bank moved up by 6 lines to become number 63 in the rating based on the amount of net assets. Over this period, the Bank’s assets grew by 16.29%, or almost by RUR 7 billion. The Bank also moved up by 27 lines in the rating of most profitable Russian banks.
The Bank ranks 35th in the rating of banks based on the number of plastic cards in issue and the rating based on the number of ATMs, which is by 4 lines higher compared to similar ratings for the same period of previous year.
Tatfondbank Strengthened Its Positions in the Rating of Most Branchy Russian Banks
2 September 2009
Tatfondbank ranks 33rd in the rating of Top 100 Most Branchy Russian Banks in the 1st Half of 2009 published by RosBusinessConsulting News Agency. Compared to the same rating for 2008, the Bank moved up by 7 lines. At present, Tatfondbank has 95 separate units (12 branches, 78 additional offices and 5 cash outlets).
The rating is based on official information on the performance of credit institutions published on the web-site of the Bank of Russia. For the entire rating, please follow this link.
Tatfondbank Among Top 50 Largest Russian Banks in Car Loans
18 August 2009
OAO AIKB Tatfondbank ranks 39th in the rating of the most car-loan banks of Russia in the 1st half of 2009 published by RBC Rating Business Agency. The Bank’s portfolio of car loans as at 1 July 2009 reached the level of RUR 420 million, which represents 10.43% of the total loans issued by the Bank to individuals. For the entire rating, please follow this link.
Tatfondbank Strengthened Its Position in Rating of Largest Banks of Russia in Equity
3 July 2009
OAO AIKB Tatfondbank ranks 54th in the rating of 200 largest banks of Russia in equity published by Profile Magazine. Compared to previous rating, Tatfondbank moved up 7 places, having increased its equity by over RUR 900 million.
The figures in the rating are given as at 1 May 2009. According to them, the Bank’s equity totals RUR 7.9 billion, including its authorised capital in the amount of RUR 7.3 billion. The previous rating contained figures as at 1 December 2008. At that time, the Bank’s equity was RUR 7 billion, and the Bank ranked 61st.
Tatfondbank Ranks 11th in Russia in Crediting of SMEs
23 April 2009
OAO AIKB Tatfondbank ranks 11th in the list of largest Russian banks that provide loans to small- and medium-sized businesses made by Expert RA Rating Agency. In 2008, the Bank’s loans to SMEs totalled RUR15.9 billion, which is by 25.9% more than in 2007. The list includes 50 federal and regional banks.
Tatfondbank Ranks 12th in the Rating of Most Reliable Banks of Russia
23 February 2009
OAO AIKB Tatfondbank moved up from number 34 to number 12 in the rating of most reliable top 100 largest commercial Russian banks at 1 January 2009 of the Profile Magazine. The Bank’s reliability index has improved from 26.7 to 31.06 points compared to the rating at 1 May of the previous year.
The Profile’s rating of Russian banks’ reliability has a history of over ten years. The index is calculated by a strict mathematical model and excludes completely the influence of human factor.
The technique used to build the index considers seven coefficients: equity to interest earning assets ratio, instant liquidity ratio, portion of liabilities to customers in liabilities, portion of liabilities to other credit institutions in liabilities, return on assets, portion of emission income in the capital structure, and the capital immobilisation index.
‘The strengthening of the Bank’s position in the reliability rating is based on a number of objective reasons’ – believes Vyacheslav Vdovin, Director of the Information and Analytic Department of OAO AIKB Tatfondbank. ‘These include a significant increase of the Bank’s equity, the maintaining of a high level of liquidity, expansion of the client base, and much more.
The position of OAO AIKB Tatfondbank among the most reliable and top 100 largest commercial Russian banks as at 1.01.09 according to Profile Magazine (No. 6 (609) of 23.02.2009):
| Position | 12 |
| Equity (‘000 roubles) |
8 056 661 |
| Risk-weighted assets (‘000 roubles) |
33 270 569 |
| Liquid assets (‘000 roubles) |
1 731 235 |
| Demand liabilities (‘000 roubles) |
14 288 586 |
| Total liabilities (‘000 roubles) |
38 367 008 |
| Security of investment (‘000 roubles) |
616 071 |
| Current reliability score (‘000 roubles) |
31.06 |
The position of OAO AIKB Tatfondbank among top 200 largest Russian banks as at 1.10.08 according to Profile Magazine (No. 44 of 24 November 2008):
24 November 2008
| 01.01.07 | 01.04.07 | 01.07.07 | 01.10.07 | 01.01.08 | 1.10.08 | |
|---|---|---|---|---|---|---|
| Assets | 53 | 54 | 51 | 51 | 56 | 64 |
| Equity | 61 | 54 | 57 | 42 | 43 | 56 |
Expert RA Confirms High Level of Creditworthiness of Tatfondbank
23 October 2008
Expert RA, a Russian rating agency, confirmed the ‘A’ rating (high level of creditworthiness) of OAO AIKB Tatfondbank.
The experts have analysed the situation in the bank and came to conclusion: ‘the outflow of funds from accounts with the Bank that was provoked by negative information background did not result in undermining the Bank’s solvency’.
In a letter addressed to OAO AIKB Tatfondbank, the analysts of the agency state that ‘in the short-term outlook, the Bank has access to sources of liquidity in the Central Bank (deposit auctions and lending against assets), in the medium-term outlook, the Bank can rely on support of its owners, including the Government of the Republic of Tatarstan’.
‘An independent confirmation of the Bank’s reliability level is very important’, said Kamil Yusupov, Chairman of the Board of Management of OAO AIKB Tatfondbank. ‘The external experts analyse the Bank’s accounts, its financial standing, its market positions, and other factors. These estimates give a signal to customers, depositors and shareholders of the bank about the real state of affairs in the bank. And, if the rating is high, then it means that the bank really has a high degree of reliability.
Tatfondbank Among Most Branchy Russian Banks
13 October 2008
Tatfondbank stands high in the rating of Russian banks having the largest number of separate units. The rating was published by RBC News Agency on the RBC. Rating analytical page of its corporate site.
According to the rating of the most branchy banks of Russia in 2008, OAO AIKB Tatfondbank ranks 40th among 100 Russian banks having the most developed network of branches.
At present, Tatfondbank has 94 separate units (12 branches, 73 additional offices, and 9 cash outlets). The Bank is vigorously expanding to Russian regions. In October, Tatfondbank opened branches in St.-Petersburg and Surgut, and will soon open a branch in Novosibirsk. The increase for 9 months of the current year made up 18 new units.
‘The opening of new branches and additional offices speaks of continuing Tatfondbank’s development strategy and its reliability as a credit organisation. Our customers trust the Bank. That is why we come closer to our customers and constantly expand our network. By the end of the year, we will open three more additional offices: in Cheboksary, Jalil and Kazan‘, said Gulnara Mustafayeva, Head of the Board for Support of Regional Network Business of OAO AIKB Tatfondbank.
Tatfondbank Among Russian Banks with Largest Number of ATM Terminals
9 October 2008
Tatfondbank was included in the rating of Russian banks with the largest number of automated teller machines (ATMs). The rating was published by RosBusinessConsulting (RBC) News Agency at its analytical portal, RBC.Rating.
According to this reputable agency, in the first half of 2008, OAO AIKB Tatfondbank ranked 39th among 122 Russian banks having the most developed network of own ATMs.
At the date on which the rating was made, Tatfondbank had 196 own ATMs, as well as 81 ATMs of partner-banks in Moscow charging no cash withdrawal fees.
At present, Tatfondbank has over 200 ATM terminals in the territory of the Republic of Tatarstan, nearly a half of them in Kazan. The number of plastic card holders has already exceeded 250 thousand.
‘We will continue to develop the network of ATM terminals for convenience of our customers. We constantly expand their functional and service capabilities. Now, our customers can not only withdraw cash, but also pay for services of mobile communication, Internet and telephony, cable television, pay main types of taxes, perform utility payments and transfer money from card to card. In the future, ATMs of Tatfondbank will be capable of performing additional operations, and the range of services offered to customers will be considerably expanded’, said Radik Shaikhutdinov, Head of the Board for Plastic Cards of OAO AIKB Tatfondbank.
Tatfondbank in the Rating of Best Banks of Russia
11 September 2008
11 September 2008. The Kommersant published new ratings of Russian financial institutions prepared by Interfax-CEA in its ‘Bank’ supplement. The positions of OAO AIKB Tatfondbank in them are strong.
In the first half of 2008, Tatfondbank ranks 65th among 1000 Banks of Russia in assets, ahead of such credit organisations as BTA Bank, GE Money Bank, TRUST, and many others. At 1 July 2008, the assets of Tatfondbank, according to the rating, were RUB 43 695 million.
The ratings published by the Kommersant place Tatfondbank among top 50 Russian banks in corporate lending and in retail deposits. Tatfondbank is actively developing these kinds of its business. Some 148 000 depositors entrusted their savings to the Bank, their accounts currently containing over RUB 11.7 billion. Tatfondbank continuously develops its line of deposits, offering customers attractive and highly profitable conditions.
According to the National League of Management Companies, the Bank Managed Mutual of Tatfondbank called Fund Stable Income Fund ranks 4th in the rating of Best Bank-Managed Mutual Funds in profitability (at 1 July 2008), which includes ten banks.
Thus, the ratings published by the reputable federal edition confirm once again the high positions of Tatfondbank in the banking sector.
Expert RA Assigns ‘A’ Rating to Tatfondbank
29 July 2008
Expert RA Rating Agency assigned ‘A’ Rating to OAO AIKB Tatfondbank, which corresponds to the “high level of creditworthiness”.
The main factors determining high creditworthiness of the Bank include the acceptable capital adequacy ratio, high quality of corporate governance, and the good credit history. The credit risk management procedures help the Bank to keep the overdue debt ratio at a low level: only 0.7% of the lending portfolio at 1 April 2008. A well-developed network of branches and additional offices in the Republic of Tatarstan and the work done within the government programmes enabled the Bank to enter the list of top three largest credit institutions of the region.
The key factors that have adverse effect on the rating are high concentration of credit risks on major borrowers and the absence of full information on the Bank’s ultimate beneficiaries. According to statements for 2007 under IFRS, the financial results of the Bank have improved, but figures describing the return on assets and capital still remain below the average market ones. ‘The Bank is poorly represented outside of Tatarstan (nearly 85% of loans were issued to regional borrowers), and lags somewhat behind its major competitors in the retail segment. However, the plans for 2008-10 envision the pre-emptive growth of the retail business, including such to be achieved through expansion to other regions’, – notes Stanislav Volkov, the leading expert of the Financial Institutions Ratings Department of Expert RA Rating Agency.
The Bank develops corporate, retail, and investment business; actively participates in federal and regional programmes related to lending of agricultural producers and support of small business; renders trust management and factoring services. At 1 April 2008, the Bank’s assets under RAS are RUB 42.7 billion, its equity is RUB 7.0 billion, and its income before tax grew up to RUB 81.4 million.
Tatfondbank Ranks 16th in the Rating of the Most “Factoring” Credit Institutions of Russia
24 October 2007
OAO AIKB Tatfondbank performs factoring operations since January 2006. In 2006, the money claims to the amount of over RUB 570 million were assigned the Bank. In the 1st half year of 2007, they amounted to RUB 1,322,536,000 roubles. The growth against the results of 2006 made over 200%, which enabled the Bank to move up from No. 20 to No. 16 in the rating of the Expert Agency titled “Ranking of Russian Factors by Volume of Money Claims Assigned in the 1st Half-year of 2007”.
Tatfondbank among the Most “Branchy” Banks of Russia
8 October 2007
As at 5 October 2007, OAO AIKB Tatfondbank ranks 39th in the Top-100 rating of RosBusinessConsulting (RBC) of Russian banks having the best developed branch network. According to the Central Bank of the Russian Federation, the Bank has 10 branches, 59 additional offices, and 10 stand-alone cash desks. Also noteworthy is that, at 1 June 2007, the amount of consumer credits granted by each POS of Tatfondbank was 47.1 million roubles, and the amount of net assets, 467.03 million roubles.
OAO AIKB Tatfondbank is actively expanding its presence in Russian regions. At present, the Bank has 79 separate units, including branches in Cheboksary, Perm, and Moscow, and is currently preparing the opening of its divisions in St.-Petersburg and Yekaterinburg.
BMMF Golden Fund of Tatfondbank Ranks 1st in Profitability Among Mixed Investment Funds
12 September 2007
The strategy of the Golden Fund, a bank-managed mutual fund of Tatfondbank, is aimed at investing in securities issued by gold- and metal-mining enterprises, in exchange and off-exchange fixed-term contracts for precious metals, and directly in precious metals. The investment declaration of the Fund allows acquiring to its portfolio the shares on the RTS – Metals & Mining Index, the growth rate of which over the 1st half of 2007 was 21%.
The Russian Shares Mutual Fund of OAO AIKB Tatfondbank ranks 13th among equity funds, having left behind many banks that traditionally occupied the leading positions in the relevant rating. The fund’s strategy is aimed at ensuring the aggressive growth of the property value through investing in a portfolio consisting of shares of Russian issuers and instruments of the futures and options market.
The other mutual fund of the Bank, the Stable Income Mutual Fund, being more conservative, ranks 3rd among bond funds. The funds of the customers of this fund are invested in fixed-income instruments: bonds and promissory notes. The stably smooth growth of the fund’s assets value is ensured by coupon yield. The bond fund generates a more moderate income, but it is considered to be less risky than the equity fund.
The number stockholders, individual and corporate, over the period from the establishment of Tatfondbank’s bank-managed mutual funds, has exceeded 500, owing to their efficiency and convenience. At present, the stakes in BMMFs can be acquired in 60 units of the Bank. OAO AIKB Tatfondbank gives its customers an opportunity to choose the fund management strategy they find most appropriate.
The stably good results of Tatfondbank’s BMMFs are explained primarily by European standards of corporate governance and high professionalism of specialists. The Bank plans to further expand the range of its investment products and further improve the quality of its services.
Bank-Managed Mutual Fund of Tatfondbank Among Leaders in Country’s Most Profitable Funds Rating
17 July 2007
The results of the 1st half of 2007 enabled the Bank-managed Mutual Fund (BMMF) of Tatfondbank to become one of the leaders of the most profitable BMMFs of Russia, despite the fact that this period was quite challenging for the collective investments market. According to RosBusinessConsulting News Agency, the Bank’s Stable Income Mutual Fund ranked 4th among the nine most profitable open bond funds, and its Russian Shares Mutual Fund ranked 8th among 26 most profitable open share funds.
Against the weakening of the Russian stock market and oil prices in January, the disruption of the Chinese market in February and the correction in May, the best results were shown by low-risk funds. The Increment of value of a stake in Stable Income Mutual Fund of Tatfondbank, which applies a conservative management strategy and whose portfolio includes mainly the shares of Russian enterprises, made up 5.18% at the end of the first half of the year and grew up to 1097.06 roubles. The Russian Shares Mutual Fund, having shown insignificant losses at the end of the first two quarters, ?0.61%, still entered the top ten list of leaders owing to the growth of the nominal value of the stake by 8.09% in June.
For reference: over 450 individuals became customers of BMMFs in the 1st half of 2007. Currently, Tatfondbank has three bank-managed mutual funds: the Stable Income Mutual Fund, the Russian Shares Mutual Fund, and the Golden Mutual Fund, whose portfolio consists of securities of gold- and metal-mining enterprises, exchange and off-exchange forward contracts for precious metals, and precious metals directly, in bullions and such kept on metal accounts with correspondent banks. Tatfondbank’s mutual funds regularly appear on the upper lines of ratings showing the most profitable BMMFs in the country, published on the web sites of RosBusinessConsulting News Agency and ANO AZIPI (Association for Protection of Information Rights of Investors). For example, in May 2007, the Stable Income Mutual Fund won the first place in profitability for the month among all bank-managed mutual funds in the entire country.
Tatfondbank Among Most Reliable Russian Banks
4 July 2007
Based on the results of the 1st quarter of the year, OAO AIKB Tatfondbank ranked 18th in the 100 Most Reliable Largest Russian Banks rating of the Profile Magazine (No. 24 of 25 July 2007). A year ago, the Bank ranked 21st. Reliability of the Bank was established by such parameters as capital adequacy, liquidity of the bank operations, the share of the raised funds in the interbank crediting market, and so on. According to Profile, the capital of Tatfondbank at 1 April totalled RUR 5,400 million, and its liquid assets – RUR 1,304 million.
04 May 2007
4 May 2007, New York. Moody’s Investor Service published ratings for Russian banks. The agency raised Tatfondbank’s foreign currency deposit rating to B2/NP from B3/NP and its long-term national scale rating to Baa1.ru from Baa2.ru. Its E+ financial strength rating remained unchanged. Besides, Moody’s improved the Bank’s senior unsecured foreign currency debt rating to B2 from B3. The outlook for all ratings is stable.
Long-term foreign currency deposit rating |
B2, outlook stable |
Short-term foreign currency deposit rating |
NP, outlook stable |
Financial strength rating |
E+, outlook stable |
The key features of OAO AIKB Tatfondbank are stability and impeccability of its business reputation, financial strength and reliability proven by years in the financial market of Russia. The Russian banking community has long recognised OAO AIKB Tatfondbank as a reputable, reliable, and vigorously developing bank.
Tatfondbank Among Top-10 Largest Banks in Number of Investors in BMMF
19 April 2007
In March, OAO AIKB Tatfondbank ranked 6th among largest banks of the country in the number of investors in bank-managed mutual funds and 15th in the value of net assets of all BMMFs, which totalled RUR 90.7 million (information of RosBusinessConsulting News Agency at 30.03.2007).
The Stable Income Mutual Fund and the Russian Shares Mutual Fund of Tatfondbank traditionally show good results. The Stable Income Mutual Fund, which invests in bonds issued by Russian enterprises, ranked 19th in the rating of most profitable BMMFs of the country that consisted of 50 rouble funds of aggressive strategies in the 1st quarter of 2007 (information of RosBusinessConsulting News Agency). The Russian Shares Mutual Fund of OAO AIKB Tatfondbank ranked 35th on the same list, having increased its profitability in March up to 5.32%. The increment of value of the net assets of the Russian Shares Mutual Fund made up RUR 16.2 million, which put the Fund to the 25th place among 70 largest rouble funds of Russian banks based on the results of the quarter (information of RosBusinessConsulting News Agency at 30.03.2007).
OAO AIKB Tatfondbank Among Most “Plastic” Banks of Russia
7 March 2007
According to RosBusinessConsulting News Agency, in 2006, OAO AIKB Tatfondbank ranked 39th among the largest Russian banks in the number of plastic cards in issue.
At present, OAO AIKB Tatfondbank provides a broad range of card products for retail and corporate customers in cooperation with international payment systems Visa International and MasterCard International, and Russian payment system Golden Crown. Having its own processing centre, Tatfondbank issues Visa and MasterCard bank cards.
Positions of OAO AIKB Tatfondbank in Rating of Largest Banks as at 1 January 2007
2 January 2007
According to Interfax, at 1 January 2007 Tatfondbank ranks 52nd in assets and 59th in equity among largest banks of Russia.
Tatfondbank also ranks 9th on the list of largest regional banks in assets.
Working in the developed market of banking services of Tatarstan, the Bank stands firm on the 2nd place among independent banks of the republic in such key financial parameters as:
- total assets;
- equity;
- total raised funds;
- total retail deposits.
To enhance its competitiveness in the banking services market, OAO AIKB Tatfondbank takes actions aimed at expanding its product line and improvement of quality of the offered services, expanding the fundraising geography, including the subsequent entering the international capital markets, introduction of new types of operations in the national financial market, and further improvement of the technical and technological base of the Bank.
OAO AIKB Tatfondbank Ranks 32nd Among Most “Branchy” Banks of Russia
17 October 2006
According to RosBusinessConsulting News Agency, OAO AIKB Tatfondbank is among top 300 most branchy banks of Russia ranking 32nd.
Today, Tatfondbank has 71 separate units, including Kazan division, 8 branches: in Almetyevsk, Buinsk, Yelabuga, Zelenodolsk, Naberezhnye Chelny, Nizhnekamsk, Chistopol, and Cheboksary, 58 additional offices, and 10 stand-alone cash outlets. The plans for the near future include the expansion to Moscow and Perm, to be followed by St.-Petersburg and Yekaterinburg.
OAO AIKB Tatfondbank Ranks 9th Among Regional Banks of Russia in Net Assets
16 October 2006
According to RosBusinessConsulting News Agency, OAO AIKB Tatfondbank is traditionally among top 300 largest regional banks of Russia in net assets. Compared to the beginning of the current year, the Bank’s net assets in the first half of the year grew by 33.07% and totalled RUR 27.588 billion.
Tatfondbank Ranks 21st Among Top 100 Most Reliable Banks
27 June 2006
According to Profile Magazine, at 1 April 2006, Tatfondbank ranks 21st in the rating of top 100 most reliable Russian banks (Profile Magazine No. 26 of 26.06.06). The rating is made based on such parameters as capital adequacy ratio, liquidity, profitability, client base, diversification of the structure of assets and their riskiness.
OAO AIKB Tatfondbank is a member of ABISS