12
presentation 2011
presentation 2011
OVERVIEW
Established in 1990
Assets over USD 145 mln., equity over USD 21,8 mln. as of January 01, 2011
Over 1000 private and corporate customers
Independent audit according to IFRS standards since 2004
Management System complies with the ANAB and UKAS requirements of the ISO 9001:2008
Subordinated loan of USD 10 mln. from shareholders
National credit rating B++ with stable outlook issued by Expert RA rating agency
Member of national deposit insurance system (guarantees up to USD 20 000 per individual)
More than 200 members of staff
15 branches in Moscow, 8 of which are operated jointly with Express Exchange in Sheremetievo and Domodedovo airports
Banking License No. 1053 issued by the Central Bank of the Russian Federation
Member of State deposit insurance system
Broker, Dealer, Custodian & Asset Manager Licenses issued by the Federal Financial Markets Service
Affiliate member of Europay International
REUTERS Dealing 3000 Participant
Member of S.W.I.F.T.
Certificate of compliance with ISO 9001:2008
Member of Moscow Interbank Currency Exchange (MICEX)
Member of National Securities Market Association (NSMA)
Member of Association of Russian Banks
Member of Association of Regional Banks of Russia
LICENSES, MEMBERSHIPS AND PARTICIPATION INPROFESSIONAL ORGANIZATIONS
Bank’s mission: Making Life Easier
Core Business Principles:
• To provide full and competent answer at each client’s request;
• To provide proper service at each client’s request;
• To remember and remind the client what and when he has to do;
• To save as much time as possible for the client;
• To offer the best available services and conditions;
• To approach each client’s needs individually;
• To provide fair and transparent pricing.
MISSION AND BUSINESS PRINCIPLES
• Increase of loan portfolio up to 90 mln. USD;
• At least 20 % increase in non-interest income;
• Opening of at least 10 more branches in Moscow region;
• Installation of at least 100 payment terminals;
• Increase in goodwill via proper brand management.
STRATEGIC GOALS FOR 2011
Shareholders owning more than 5% of share capital:
Company % of share capital
VITALIGHT LIMITED (Cyprus) 20 %
C.M.R. TRADING LIMITED (Cyprus) 20 %
C.B.R. SERVICES LIMITED (Cyprus) 20 %
ARROWBRIDGE LIMITED (Cyprus) 20 %
DALEBRAND LIMITED (Cyprus) 20 %
OWNERSHIP STRUCTURE
CORPORATE GOVERNANCE AND MANAGEMENT STRUCTURE
4 Members of the Board of Directors5 Members of the Executive Board9 key managers of the Bank
Board of Directors
Internal Audit
Advisory Board
Head of Clients’ Department
Head of Internal Control Department
Chairman of the Management Board
Financial Director Chief Accountant
Head of Treasury, FX/MM and Capital
Markets
Head of IT Head of Security Department Internal Auditor
FX & MM Deals in major currencies
Foreign Exchange swaps
Cash Advance services
Brokerage and Dealing in Russian State, Regional, Municipal and Corporate Bonds & Shares markets
Issuance of Promissory Notes
Interbank Loans
Future Products
Financial Market Products
Leverage loans to investors on the stock marketGeneral Funds under Bank’s Management
Corporate and Private Banking
KEY PRODUCTS
Corporate and Private Accounts & Deposits
Loans to SME and HNWI
Overdrafts, Credit Lines and Term Loans in RUB, Euro, USD
Settlements in all major currencies, installation of money transfer terminals, instant payments
Mastercard ® Credit Cards
Bank Guarantees, LCs
Exchange Control services
CORPORATE AND PRIVATE LENDING
COMPETITIVE ADVANTAGES
Overdrafts, credit lines and term loans in RUB, Euro, USD for SME & HNWI
Low risk because of reliable borrowers generally being long established clients
Immaterial volume of overdue or non-performing loans
Consistent good provisioning and recovery levels
High yieldTransparent pricing policy
Modern technology and IT
Flexible collateral policy
Wide range of products
Prompt decision-making
Convenience, versatility, flexibility
KEY FINANCIAL INDICATORS (000’ RUR)
12, 2007 12, 2008 12, 2009 12, 2010
Total assets 2 512 950 4 313 837 3 932 449
4 322 426
Accounts with Central Bank and other credit institutions
582 369 543 330 305 899 142 042
Loan portfolio 837 359 858 700 1 343 722
1 701 417
Fixed income securities and shares
415 858 414 582 158 324 238 438
Current accounts 1 494 473 902 659 757 074 705 683
Total shareholders’ equity (incl. subordinated loan)
330 475 366 965 382 796 656 462
Profit after tax 34 289 31 780 0 16 179
HOW CAN WE DO THIS EFFICIENTLY?
Clear and Open Strategy
Smooth Internal Processes
Qualified Personnel
Special Attention to Integrated Information Technologies
No Conflict of Interests with Shareholders
Quality of Services as a Primary Goal
Advantageous Tariffs and Rates
Reliability and Flexibility
127287, 2А-1, Stary Petrovsko-Razumovsky proezd, Moscow, Russian Federation
Tel: +7 495 995-5-995 Fax: +7 495 287 9536E-mail: [email protected]
www.bankfs.ru
