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Otkritie Bank supported clients in the pandemic by 162,6 billion rubles

Otkritie Bank supported clients in the pandemic by 162,6 billion rubles
Photo: pixabay.com

Otkritie Bank supported clients during the RUB 162,6 billion pandemic and increased its net profit. The bank's retail lending last year grew 3,5 times faster than the market, and the annual profit amounted to almost 85 billion rubles.

According to the press service of Otkritie Bank, the bank's president and chairman of the board, Mikhail Zadornov, said that the total loan portfolio for 2020 increased to 1,627 trillion, while a year earlier it was 1,362 trillion rubles. The volume of customer funds in the bank significantly exceeds the volume of loans, despite the high rates of lending.

The volume of retail loans issued increased by 19% - up to 281 billion rubles. The bank ranked second in terms of the growth rate of the portfolio of unsecured loans, in terms of mortgage issuance it was in fifth place. The number of active retail clients reached 3,1 million.

According to the results of last year, the loan portfolio of representatives of SMEs increased by 20% - to 152 billion rubles, the volume of funds of small and medium-sized businesses for the year increased by 56%, reaching 320 billion rubles. The number of active clients of SME banks Otkritie and Tochka reached 510 thousand.

As for the corporate loan portfolio, in 2020 this indicator increased by 13% and for the first time in the history of the bank exceeded one trillion rubles. At the end of last year, loans to corporate clients were issued by 27% more.

During the pandemic, as support measures, Otkritie Bank issued more than 14 thousand retail loans for almost 43 billion rubles, financed more than 100 projects in corporate and investment business for 85 billion rubles. Otkritie Bank was the first to offer a program to support small and medium-sized businesses.

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