Loko bank personal account. Contributions

Bank reliability

Loco-Bank CJSC began its financial activities back in 1994, it was founded by a group of businessmen, and its main goal was to service trade, industrial enterprises and provide private banking services to wealthy clients. But ten years later, the strategic direction of Loko-Bank's activity was changed to lending to medium and small businesses. And only in 2005-2007 Loko-Bank was transformed into a closed joint stock company and began to develop a retail line of products.

Today Loko-Bank is a universal Russian commercial bank developing with the participation of foreign capital. For several years now, the bank has been one of the hundred largest financial institutions in Russia. Every year, the indicators of profitability, asset growth, refinancing and capitalization risks are steadily improving, which demonstrates the bank's active work in the Russian market. The branch network of Loko-Bank stretches across the entire territory of Russia: the bank is represented in more than 20 cities by 5 branches and 50 additional offices.

The key direction of the bank is lending to legal entities (especially representatives of medium and small businesses) and private clients. Also, the bank makes a special emphasis in its activities on working with securities and on servicing corporate accounts.

Loko-Bank in Moscow offers all types of clients an extensive list of financial services, the most demanded of which is, of course, lending. Certain programs have been developed by the bank to serve wealthy, VIP clients. In addition to classical credit and deposit operations and cash settlement services, Loko-Bank in Moscow declares financing of external activities, leasing of bank cells, carries out leasing operations through OFLC, issues bank cards in Visa and MastarCard systems (more than 26 thousand cards in circulation), bank transfers, remote service and much more. The bank's clients have already become about 5 thousand legal entities and about 10 thousand individuals. A large proportion of corporate clients are representatives of medium and small businesses.

CB Loko-Bank (JSC) is a universal commercial bank founded in 1994. The international investment company East Capital has been a shareholder since 2006. The participation of an international investor in the bank's capital for more than 10 years has contributed to maintaining high standards of risk management and determines the quality of business processes and corporate governance. The annual figures show the constant dynamics of the bank's business development.

Thanks to the full package of licenses and certificates, Loko-Bank provides a wide range of financial services. Among the areas of activity: comprehensive services for small and medium-sized businesses, consumer lending, raising funds for deposits, servicing wealthy clients and working in the securities market. Being confident in its competencies, the bank aims to build long-term partnerships with its clients.

In 2016, Loko-Bank adopted an updated strategy and began a process of deep transformation of business processes, which ensured the bank's transition to a digital model focused on remote customer service. Also, as part of the strategy, Loko-Bank adopted an investment plan for the development of IT infrastructure. The ultimate goal is to modernize the bank in the medium term in the format of an IT company, to form a range of products available in digital channels.

CB Loko-Bank (JSC) is a universal commercial bank founded in 1994. Loko-Bank provides a wide range of financial services: comprehensive services for small and medium-sized businesses, consumer lending, raising funds for deposits, servicing wealthy clients and working in the securities market.

The bank is included in:

TOP-70 banks by assets as of January 1, 2019 (according to the Sotnibankov.ru portal);
TOP-35 in terms of net profit as of April 1, 2019 (according to Banki.ru data);
TOP-60 of the most reliable banks in the Russian Federation for 2019 (according to Forbes);
TOP-65 largest banks in the Russian Federation in terms of loan portfolio as of January 1, 2019 (according to RIA Rating);
TOP-40 banks in terms of consumer lending as of September 1, 2018 (according to Kommersant);
TOP-10 in terms of the retail car loan portfolio in the first half of 2018 (according to Banki.ru).

The Bank's reliability has been confirmed at the international level by the largest agencies Moody's Investors Service (B1) and Fitch Ratings (B +), as well as the Russian rating agency ACRA (BBB +). Since 2004, the bank has been a member of the deposit insurance system, and since 2014 - an agent bank of the Deposit Insurance Agency for payments of insurance claims to depositors of other banks, which provides customers with an additional guarantee of the safety of private deposits.

In 2015-2016, Loko-Bank became a finalist of the DIA tenders for compensation payments to depositors of troubled banks three times.

Loko-Bank has a wide network of offices, numbering over 50 branches in 21 regions of the Russian Federation. The bank's clients are more than 290,000 individuals and over 30,000 enterprises representing dozens of sectors of the Russian economy.

The participation of international investment funds in the bank's capital for over 10 years has contributed to maintaining high standards of corporate governance and risk management, as well as improving key business processes. Loko-Bank continues to focus on the best world practices, and the annual indicators demonstrate the constant dynamics of the bank's business development.

Key performance indicators for 12 months of 2018 in accordance with International Financial Reporting Standards (IFRS):

Net interest income in 2018 showed growth by 11,5% compared to the previous year and reached the indicator 5,5 billion rubles.
Net fee and commission income in 2018 grew to 3,5 68,9% comparing with the previous year.
Net interest margin remains at a consistently high level and is 6,8% for 2018.
Operating income in 2018 increased by 6,8% compared to last year and amounted to 8,5 billion rubles.
Share of net fee and commission income in the structure of operating income rose to 41,1% against 26,0% for 2017.
Retail loan portfolio less allowance for impairment losses at the end of 2018 amounted to 45,9 billion rubles, having increased by 39,9% .

Overview of the main financial indicators and ratios:

Gross loan portfolio, net of estimated allowance for expected credit losses in 2018 grew by 13,3% and made 54,1 billion rubles.
Funds in customer accounts in 2018 increased by 8,0% and made 65,6 billion rubles.
Bank's own funds in 2018 increased by 8,3% before 17,4 billion rubles.
Operating efficiency indicator (CTI) according to the results of 2018 amounted to 58,6% and grew by 8 p.p. compared to the same period last year.
Basel capital adequacy ratio made up 22,7% at the end of 2018 and increased by 2 p.p. compared to the end of 2017.

In 1994, a group of entrepreneurs who own trade and industrial enterprises decided to create a commercial bank "Loko-Bank", the main task of which was to serve the financial flows of partners of participating organizations, as well as their own. Another task of the bank is individual serviceVIP clients.

1998-1999 the bank survived the crisis with minimal losses. During the same period, its owners decided to create a universal financial institution.

In 2002, the total number of corporate clients of CB Loko-Bank exceeded one and a half thousand. At the same time, the “Private banking” system was developing.

Since 2003, the bank begins its work related to lending to small and medium-sized businesses, which later became the main activity of CB Loko-Bank.

At the same time, the bank began to cooperate with international financial institutions, as well as with foreign banks.

As of July 2019, there are 17 branches and 23 ATMs of Loko-Bank in Moscow.

For residents of Moscow, an online application for loans from Loko-Bank is available, including 4 consumer loans.