News

According to the ranking produced by the Expert RA ratings agency, Center-invest Bank ranks 15th for SME lending in Russia in 2020.

In 2020, 7846 households improved their living conditions thanks to a mortgage from Center-invest Bank. The total value of mortgages issued was RUB16bn. The bank has its own mortgage programmes and it also participates in government-subsidised programmes. In addition, it has recently introduced unique ESG loans for frontline medical workers.

Center-invest Bank has reported its profits for 2020. Even at a time of crisis, the ESG banking business model is proving financially effective and resilient. Center-invest Bank’s profits for 2020 (applying RAS) were RUB1.6bn.

In 2020 Center-invest Bank lent businesses a total of RUB77bn. Customers in the SME sector accounted for 92% of business loans.

As is traditional, the February edition of The Banker magazine includes an analysis of the Russian banking sector. It gives a positive assessment, reporting that the sector is sufficiently stable. The Banker also published its traditional ranking of Russian banks. This year, thanks to its work with the real economy, Center-invest Bank ranks among Russia’s top 15 banks.

In the last six months, solar panels installed at Center-invest Bank’s head office have generated 4,500kW of clean energy. This has been used to power the terminals in the bank’s 24/7 self-service zone.

Preferential loans made by Center-invest Bank under its own loan programmes and government-subsidised programmes have helped save over 5300 jobs in southern Russia.

A new charitable project, “Lighthouse in Joy”, has been launched in Rostov-on-Don. In partnership with Center-invest Bank, the Lighthouse Lecture Centre is providing livestreamed city tours for wards of the Old Age in Joy Foundation from across Russia.