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SMP Bank has been operating in the Russian bank market since 2001 and currently offers both personal and corporate banking services, including financial institutions. The bank’s main products and services include business loans, mortgages, bank cards, deposits, financial market transactions etc. SMP Bank has over 100 branches covering over 40 Russian cities, with 50 in the Moscow Region alone.In addition, the bank’s AS SMP Bank subsidiary operates in Latvia.SMP Bank’s cash machine network includes more than 300 locations, and cardholders can also withdraw cash from Unified Settlement System cash machines (over 9,000 locations) free of charge or for a small commission depending on their tariff plan. SMP Bank is ranked as one of the 50 large Russian banks in the Interfax-TsEA ranking in terms of key operating indicators for 2011 (41st position), with Moody's Investors Service Ratings (financial stability: E+; deposits: B3\Not prime; creditworthiness on a national scale: Baa3.ru; the forecast for all ratings is stable) and an individual credit rating of AA- from the National Ratings Agency. |
NewsMay 14, 2012 SMP Bank has shown 5 times increase of comprehensive income up to RUB 2 421.6 mln for 2011. The considerable increase of the comprehensive income for the year 2011 generally associated with growth of the Fee and commission income, the Income from the operations with foreign currency and increase of Property revaluation reserve. The Bank assets grew 1.48 times up to RUB 114 822.6 mln for the end of the year 2011 compared with RUB 77 113.6 mln in year 2010. Mar 01, 2012 During the last year, the Bank provided federal subjects and municipal entities of the Russian Federation with loans totalling approximately 13 billion rubles. In the fourth quarter alone, the state sector credit portfolio grew almost threefold to over 10 billion rubles, allowing SMP Bank to become a top 3 state sector credit provider. In the course of 2011, the Bank won tenders for a total exceeding 20 billion rubles. Feb 15, 2012 SMP Bank has risen to 29th place in the Interfax-CEA rating by volume and structure of obligations to the public on 2011 performance. In particular, deposits from individuals totalled 49 billion rubles (a 78% year-on-year increase). Feb 14, 2012 Based on MICEX data, SMP Bank was ranked tenth among leading interdealer REPO operators in January 2012. Feb 09, 2012 SMP Bank was ranked 41st in the Interfax-TsEA ranking in terms of key operating indicators for 2011, compared to its ranking as 59th on the list last year. The Bank's assets totalled about RUR 104.7 billion (an increase of 52.33%). The corporate loan portfolio rose by nearly 150% (2.5 times) with a total of RUR 46.7 billion at the end of 2011. The Bank's loans to the budgets of administrative areas and municipalities of the Russian Federation totalled over RUR 10.5 billion. Loans to individuals totalled RUR 1.7 billion which was almost 70% higher than in 2010. |
