Events

BFA Bank announced preliminary results of activities in 2011

By results of 2011, BFA Bank showed a significant increase in key performance indicators. On January 1 this year, the Bank assets exceeded 30 billion rubles, growth for the year amounted to more than 90%. BFA equity for the year grew by almost 130% and amounted to more than 6.2 billion, gross profit was 558 million rubles, having increased by 12.6%.
In 2011, BFA Bank significantly increased the amount of the loan portfolio – this year it grew by 69% to 11.1 billion rubles. The amount of funds of the Bank clients since the beginning of 2011 increased by 88% and amounted to more than 23 billion rubles.
The dynamics of development, demonstrated in 2011, allowed BFA Bank to improve its position in the ratings by key indicators. Thus, according to Interfax-CEA Bank steadily entered the Top 100 of Russian banks, ranking 87 by capital and 90 by profit volume at the end of 2011. In the ranking of banks in St. Petersburg, BFA Bank ranks 9  by volume of assets, 6 by capital and by profit volume, according to Interfax CEA on 01.01.2012.
"During the past year, BFA Bank was working efficiently within our strategy to significantly increase our business and create a universal commercial bank of Top 100, - Chairman of the Management Board of BFA  Bank Denis Gumerov said. - We have taken a number of steps in this direction, including the launch of deposit products for individuals, increase in the share capital of the Bank, as well as the opening of a new additional office in St. Petersburg and offices in Moscow. This lets us expect a significant increase in client base and further growth of the main indicators of the Bank's activities in the next year. "