In 2017 Center-invest Bank moved eight places up the annual reliability rating produced by the international business magazine Forbes. We now rank in 31st place.
Forbes has ranked the largest Russian banks by assets, capital adequacy and return on equity as at 1 January 2018. The rating also reflects whether a bank has long-term international ratings from Moody’s, Standard & Poor’s, Fitch, RAEX and ACRA.
In December 2017 Moody’s Investors Service affirmed Center-invest Bank’s Ba3 rating for long-term local and foreign-currency deposits, outlook stable. Center-invest Bank is the only bank in southern Russia to have held an international rating since 2006.
In 2017, net profits calculated under IFRS were RUB1.43bn, 42% up on the previous year. Total assets exceeded RUB102.6bn at FYE, an increase of 6%, and capital increased by 10% to RUB12.6bn.
Our reputation as a highly reliable and efficient bank confirms the effectiveness of our transformational banking business model. The banking industry and regulators recognise the considerable benefits offered by this approach.