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.
Key features of the approach taken by The Banker’s analysis are that it looks at Tier 1 capital only (excluding preference shares) and risk-weighted assets applying international standards.
In The Banker’s rating of Russian banks, Center-invest Bank is 13th for lending to the real economy (loans to assets ratio = 76.3%), 20th for return on equity (ROE=13.81%) 24th for return on assets (ROA=1.5%), 34th for capital adequacy (CAR=10.87%), 35th for risk-weighted assets, and 39th for amount of capital.
The Banker’s rating clearly demonstrates the effectiveness of the ESG banking model that underpins Center-invest Bank’s operations: consumer and SME lending, and working effectively in the interests of customers and shareholders.