As of January 1, 2016, the net profit of Avers Bank amounted to RUB 1.64 billion, therefore having ranked first in terms of profit earned among the banks of the Republic of Tatarstan.
Avers’s assets exceeded RUB 61.55 billion having grown by 31% or RUB 14.52 billion year-on-year. The capital reached some RUB 19.2 billion having grown by RUB 1.6 billion during the year. The bank’s credit portfolio grew by 68% or RUB 9 billion and reached RUB 22.65 billion.
In 2015, Avers Bank managed to reach the targeted net profit notwithstanding tough economic situation, Kamil Yusupov, Chairman of the Board noted. Our strong client base and reliable reputation allowed the bank to significantly improve all the indicators and high profitability of all business segments of the bank proved the sustainability of our business model. The coming year will be very complicated, however we have prepared well to the work in a new environment and are committed to following our strategy and supporting our clients.