About the bank  / News  / Center-invest Bank ranks among the top 5 sme lenders in Russia

Center-invest Bank ranks among the top 5 sme lenders in Russia

25.03.2022

Center-invest Bank was included in the Ranking of Largest SME Crediting Banks in 2021 prepared by Expert RA rating agency. The Bank has improved its position and is now ranked 5th in the individual entrepreneur loan portfolio and 11th in the SME loan portfolio.

 In 2021, Center-invest Bank lent RUB 94 billion for the development of our customers’ businesses, 92% of which were allocated to SMEs.

 The SME loan portfolio demonstrated moderate growth due to business activity recovery. At year-end, Center-invest bank jumped up two spots in the banks ranking in terms of the SME loan portfolio volume, having increased its loan portfolio growth rate by 10.2% compared to 2020. Total amount of loans to small and medium-sized businesses increased by 9.5%.

Loans to individual entrepreneurs (+20.6%), micro-businesses (+17%) and small businesses (+5%) showed positive growth rates. They ranked 5th, 7th, and 10th in Russia, respectively, in terms of financing, with a total debt of RUB 39.9 billion. 

Center-invest Bank is actively involved in concessional financing programmes for SMEs. It acts as an accredited partner of SME Corporation and takes part in all government concessional financing programmes to support the entrepreneurship activities in Southern Russia. To develop and transform customers’ businesses, the bank runs its own acceleration programme, including training, mentoring, and concessional lending (acc.centrinvest.ru