ProCommerce Bank have completed 9 months of 2023 with positive financial results, as compared with the previous years.

As of the end of September 30^st, 2023 Bank’s total asset size reached RUB 1 429 million, thanks to the increase in customer balances and deposits.

Total loan portfolio reached RUB 858 million, of which loans to small and medium-sized enterprises (SMEs) reached RUB 829 million. Our reserve coverage ratio stood at 16.1 % of all loans.

Customer balances on average stood at RUB 782 million, further assisting bank’s short term funding base.

Net Operating Income reached RUB 159 million, while Net Income after taxes and provisions was RUB 78 million.

Bank’s capital/shareholder’s equity exceeded RUB 527 million as of the end of September 30^st, 2023.