Premium assets at proper price
2222
104,592 mln RUB
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PSB Publishes H1 2016 IFRS Results
08/29/2016
Promsvyazbank (PSB) publishes 1H 2016 IFRS interim condensed consolidated financial statements and the corresponding review report by PriceWaterhouseCoopers
Vozrozhdenie Bank earned net profit of Rub 0.5 billion for 6M 2016 under IFRS
08/24/2016
The bank earned net profit of Rub 0.5 billion for 6M 2016 compared to a net loss of Rub 0.6 billion for the same period of 2015. Such improvement was caused mainly by a cost-of-risk decline and net fees & commissions growth.
For the first time in the last year and a half the bank’s ROE turned positive and was 14.0% for Q2 2016. ROA for the same period reached 1.39%.
Vozrozhdenie Bank will publish its H1 2016 IFRS results and hold a conference call for investors on August 24
08/19/2016
Vozrozhdenie Bank will announce its H1 2016 IFRS results on Wednesday, August 24, 2016 at 10.00 Moscow time. Reports will be published on the bank’s website in section “Financial Reports”.
PSB Publishes 1H 2016 Preliminary RAS Results
07/18/2016
According to the preliminary reporting (published form) under the Russian Accounting Standards (RAS), PSB net profit for the 1H 2016 amounted to RUB 2.8 bn, compared to RUB 8.6 bn for the same period last year. 1H 2016 income from core banking activity (interest income and fee and commission income) increased by 27% and amounted to RUB 23.7 bn.
Promsvyazbank acts as an arranger of a EUR 250 million syndicated loan for Belarusbank
07/16/2016
Belarusbank and a syndicate of Russian banks signed a syndicated loan agreement on the sidelines of the 21st Saint Petersburg International Banking Conference. The official signing ceremony was held on 15 July 2016
Strong integration platform
Universal platform allows the integration of the banks in a short time and minimizes the risks of M&A transactions.
Integration platform
Customer support
center in Yaroslavl
Automated
credit process
High-end
settlement /
processing
platform
Integrated
solution for
SME servicing
E-document
management
& factoring
Compliance
system
In-house IT
service provider
Technoserv #1 Russian IT-intergator
is a part of PS Holding, providing prompt and efficient in-house solutions for IT challenges of any kind
PSB is a corporate
member of the
International Compliance
Association
On-line data and
information flow in
a real-time mode
Platform for Vbank (Vozrozhdenie) and other targets, 1,000 additional employees
Designated centers established in every federal district in order to accelerate decision-making process
PSB platform currently processes ~5 mln transactions per month, with scope for further scale-up
Integration of PSB and its partners’ systems (online IT systems: accounting, CRM etc.)
Acquisition
of premium assets
at proper price