Company Overview of Joint Stock Company TransCreditBank
As of November 1, 2013, Joint Stock Company TransCreditBank was acquired by Bank VTB 24. Joint Stock Company ‘TransCreditBank’ provides various banking products and services to corporate and retail clients in the Russian Federation. The company operates in four segments: Corporate Banking, Treasury, Retail Banking, and General Management. The Corporate Banking segment offers deposit-taking, leasing, factoring, settlements, guarantees, letters of credit, cash collection, foreign exchange, and other services to corporate customers. The Treasury segment provides debt and equity capital markets and money markets transactions, trading and brokerage in securities, repurchase, syndications, and der...
37A, Novaya Basmannaya Street
Founded in 1992
7 4957 88 08 80
7 4957 88 08 79
Key Executives for Joint Stock Company TransCreditBank
Joint Stock Company TransCreditBank does not have any Key Executives recorded.
Joint Stock Company TransCreditBank Key Developments
Transcreditbank Announces Earnings Results for the Nine Months Ended September 2013
Oct 17 13
Transcreditbank announced earnings results for the nine months ended September 2013. For the period, the Bank had net profit of RUB 4.829 billion, down from RUB 10.634 billion a year ago.
TransCreditBank Announces Reviewed Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2013
Sep 26 13
TransCreditBank announced reviewed consolidated earnings results for the second quarter and six months ended June 30, 2013. For the six months, the IFRS net profit rose 44% to RUB 7.5 billion compared to the year-earlier period. Net interest income edged up 0.6%, reaching RUB 12.57 billion. Operating income before deducting reserves for depreciation jumped 10% to RUB 17.1 billion. Return on equity increased to 37.2%, up from 24.0% in first half of 2012. Return on assets rose to 3.7% compared to 2.1% in first half of 2012. Net fee and commission income rose by 7% to RUB 3 billion mainly due to robust development of credit cards lending in retail business and growth of commissions from documentary operations.
For the quarter, the company reported that profit increased by 31% to RUB 3.4 billion compared to RUB 2.6 billion for the same period in 2012.
Joint Stock Company TransCreditBank, Special/Extraordinary Shareholders Meeting, Oct 28, 2013
Sep 26 13
Joint Stock Company TransCreditBank, Special/Extraordinary Shareholders Meeting, Oct 28, 2013. Agenda: To consider cancellation of the bylaw on the remuneration to the board of directors (edition 3.0) approved by an extraordinary general shareholders' meeting as of March 25, 2013; and to consider payment of remuneration to members of the board.
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Recent Private Companies Transactions
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