Otkritie Bank and Perm Krai have signed an agreement to cooperate in finance and lending to facilitate the social and economic development of the region, the bank informed.
Otkritie Bank and the bank group's companies are ready to support construction of large social facilities based on public-private partnership and concession principles.
Otkritie Bank is on the list of systemically important credit institutions approved by the Bank of Russia. As a universal bank, Otkritie develops all the main segments of the classic banking business: corporate, investment, retail, SME and Private Banking businesses. The bank's subsidiaries (Rosgosstrakh and Rosgosstrakh Life insurance companies, Otkritie Broker, Otkritie Asset Management, NPF Otkritie, JSC Baltic Leasing, Open Leasing LLC, Otkritie Factoring LLC, RGS Bank, JSC Customs Card) take leading positions in the key financial market segments.
RAS net profit of Otkritie Bank for 1Q21 increased more than 8 times to RUB 26 billion from RUB 3 billion in 3-month profit in 2020. In the first quarter, Otkritie Bank increased assets by RUB 70 billion (+3%) to RUB 2.7 trillion. The bank's loan portfolio before provisions increased by RUB 155 billion (+9%) to RUB 1.8 trillion for the 3-month period. Customers' deposits increased by RUB 54 billion to RUB 2 trillion (+3%) in the first quarter of 2021. As of April 1, retail customers' deposits totaled RUB 962 billion.
