The state of the bank's office. The stability and reliability of the bank
- amount of funds on deposits;
- number of credits;
- transactions with other banks.
TOP 100 Russian banks include institutions that have trust among the population and attractive conditions for cooperation. The analysis of current activity is carried out by the Central Bank of the Russian Federation and independent agencies that rank banking organizations according to the level of compliance with the criteria. This one of the TOP 100 is based only on objective indicators that are easy to verify.
License revocations also play an important role. Only in the first quarter of 2020, several banks lost their right to operate. The TOP 100 Russian banks are headed by institutions that have state support and good performance in all areas.
There are organizations that, due to the favorable conditions offered, are popular with the population, but are not included in the TOP 100 best banks in 2020. We offer to get acquainted with the most reliable financial institutions. Make a choice in favor of institutions that are on the top lines of the TOP 100 list
Registration number: 2766
Date of registration by the Bank of Russia: 03/28/1994
BIC: 044525311
Main state registration number: 1027739176563 (11.09.2002)
Authorized capital: RUB 2,797,887,853.10
License (date of issue/last replacement) Banks with a basic license are banks that have a license with the word “basic” in the name. Other operating banks are banks with a universal license:
License to attract deposits and placement of precious metals (27.11.2014)
General license to exercise banking operations (27.11.2014)
Participation in the deposit insurance system: Yes
OTP Bank of Russia is a universal credit company, part of a Hungarian group founded almost 7 decades ago and leading in the financial market of Central and Eastern Europe in 9 countries. This financial institution ranks 53rd in Russia in terms of assets and 47th in terms of net profit.
OTP Bank is active in the foreign exchange and interbank markets. It spreads activities in the insurance, banking and investment sectors, selling financial products and providing services from asset management to pension financing for retail and corporate individuals.
With its priority direction of retail OTP service The Bank recognizes:
- Cash and POS;
- reception of the population;
- Work with credit cards.
Taking a leading position in Russia in terms of a number of products, OTP Bank is included in the rating of the 50 largest credit companies in the country. Its client base includes almost 4 million retail and corporate individuals, and is present in 3,700 settlements countries. The bank's own network includes almost 109.5 thousand points of retail consumer lending, about 100 credit and cash offices, 134 points customer service and almost 300 self-service terminals.
OTP Bank is included in the list of banks that act as mutual guarantors.
In early November, Fitch Ratings upgraded OTP Bank's Viability Rating by one notch from B+ (significantly insufficient creditworthiness) to BB- (below sufficient creditworthiness).
Recently OTP Bank managed to achieve growth in the profitability of business processes, reduce the cost of obtaining new funds, reduce credit losses, create a good supply of liquidity.
Fitch experts note the increase in the level of capitalization of the bank, as well as the stability of the deposit base of the credit institution. All of these factors positively influenced Fitch's decision to revise OTP Bank's rating.
Do you know that:
Consumer lending is one of the most demanded financing services in the economy today. developed countries peace. Only the population of Europe in one year takes about 200 billion euros on credit.
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09 Dec 2019
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Under the reliability of the bank, we mean the totality of factors under which the bank is able to fulfill its obligations, have an adequate margin of safety in crisis situations, and not violate established by the Bank Russian regulations and laws.
It should be borne in mind that only on the basis of reporting it is impossible to accurately determine the degree of reliability of the bank, so the study below is indicative.
Bank stability is the ability to withstand any external influences. Dynamics over a certain period may show stability (either improvement or deterioration) of various indicators, which may also indicate the stability of the bank.
Joint Stock Company "OTP Bank" is a large Russian bank and among them it ranks 44th in terms of net assets.
As of the reporting date (01 November 2019), the net assets of OTP BANK amounted to RUB 168.86 billion. During the year, assets increased by 11.10%. The increase in net assets negatively affected the return on assets ROI (data as of the nearest quarterly date October 01, 2019): over the year, the return on net assets fell from 2.71% to 1.73% .
For the services provided, the bank mainly attracts client money, and these funds are quite diversified (between legal entities and individuals), and invests funds mainly in loans, and more in loans to individuals (i.e. it is a retail loan).
OTP BANK is a subsidiary foreign bank.
OTP BANK - has the right to work with the Pension Fund of the Russian Federation and can attract its funds in trust management, into deposits and savings for housing military personnel; has the right to work with non-state pension funds, carrying out compulsory pension insurance, and may attract pension savings and savings for housing for military personnel; has the right to open accounts and deposits in accordance with the law 213-FZ of July 21, 2014, i.e. organizations of strategic importance for the military-industrial complex and security of the Russian Federation; authorized representatives of the Bank of Russia have been appointed to the credit institution.
The bank's liquid assets are those bank funds that can be quickly turned into cash in order to return them to depositor customers. To assess liquidity, consider a period of approximately 30 days, during which the bank will be able (or not able) to fulfill part of its financial obligations (because no bank can repay all obligations within 30 days). This "part" is called the "proposed outflow". Liquidity can be considered an important component of the concept of bank reliability.
Brief Structure highly liquid assets present in the form of a table:
| cash on hand | 1 775 128 | (8.01%) | 1 923 229 | (6.78%) |
| funds on accounts with the Bank of Russia | 5 020 667 | (22.65%) | 3 236 600 | (11.41%) |
| NOSTRO correspondent accounts in banks (net) | 181 177 | (0.82%) | 158 158 | (0.56%) |
| interbank loans placed for up to 30 days | 9 573 491 | (43.18%) | 16 520 109 | (58.26%) |
| highly liquid securities of the Russian Federation | 5 618 213 | (25.34%) | 6 489 710 | (22.89%) |
| highly liquid securities of banks and states | (0.00%) | (0.00%) | ||
From the table of liquid assets, we see that the amounts of cash on hand, NOSTRO correspondent accounts in banks (net), highly liquid securities of the Russian Federation, highly liquid securities of banks and governments have slightly changed, the amounts of interbank loans placed for a period of up to 30 days have greatly increased, have greatly decreased the amount of funds on accounts with the Bank of Russia, while the volume of highly liquid assets, taking into account discounts and adjustments (based on Ordinance No. 3269-U dated May 31, 2014), increased over the year from 22.17 to 28.36 billion rubles.
Structure current liabilities is shown in the following table:
| deposits of individuals with a term of more than a year | 22 896 455 | (26.04%) | 9 656 033 | (10.03%) |
| other deposits of individuals (including individual entrepreneurs) (up to 1 year) | 39 866 563 | (45.34%) | 54 198 975 | (56.30%) |
| deposits and other funds of legal entities (up to 1 year) | 20 745 358 | (23.59%) | 25 217 100 | (26.20%) |
| including current funds of legal entities (without IP) | 13 522 336 | (15.38%) | 15 040 236 | (15.62%) |
| correspondent accounts of LORO banks | 401 218 | (0.46%) | 549 533 | (0.57%) |
| interbank loans received for up to 30 days | 1 174 801 | (1.34%) | 2 809 367 | (2.92%) |
| own securities | 6 483 | (0.01%) | 1 081 | (0.00%) |
| obligations to pay interest, arrears, accounts payable and other debts | 2 840 506 | (3.23%) | 3 827 770 | (3.98%) |
| expected churn Money | 17 852 630 | (20.30%) | 23 177 290 | (24.08%) |
During the period under review, what happened to the resource base was that the amounts changed slightly, incl. current funds of legal entities (excluding individual entrepreneurs), the amounts of other deposits of individuals (including individual entrepreneurs) (for a period of up to 1 year), deposits and other funds of legal entities (for a period of up to 1 year), correspondent accounts of LORO banks increased, interest payment obligations, arrears, payables and other debts, the amount of interbank loans received for up to 30 days has greatly increased, the amount of deposits of individuals with a term of more than a year, own securities has greatly decreased, while the expected cash outflow has increased over the year from 17.85 to 23.18 billion rubles
At the moment under consideration, the ratio of highly liquid assets (funds that are easily available to the bank over the next month) and the estimated outflow of current liabilities gives us a value of 122.34%, which indicates a good margin of safety to overcome a possible outflow of funds from the bank's customers.
In correlation with this, the standards of instant (H2) and current (H3) liquidity are important for consideration, the minimum values of which are set at 15% and 50%, respectively. Here we see that the H2 and H3 standards are now at a sufficient level.
Now let's track the dynamics of change liquidity indicators during a year:
According to the median method (discarding sharp peaks): the amount of the standard current liquidity H3 and expert reliability of the bank during the year tends to increase significantly, however, over the last half of the year it tends to decrease, and the amount of the instant liquidity ratio H2 tends to increase during the year, but over the last half of the year it tends to slightly fall.
Other coefficients for assessing the liquidity of the bank JSC "OTP BANK" can be seen at this link.
The volume of bank's income-generating assets is 90.29% of the total assets, and the volume of interest-bearing liabilities is 66.38% of the total liabilities. However, the volume of earning assets exceeds the average for large Russian banks (84%).
Structure earning assets at the moment and a year ago:
| Interbank loans | 30 873 491 | (22.80%) | 39 190 109 | (25.70%) |
| Corporate loans | 17 488 436 | (12.92%) | 18 456 992 | (12.11%) |
| Loans to individuals | 74 215 013 | (54.81%) | 84 034 567 | (55.12%) |
| Bills | (0.00%) | (0.00%) | ||
| Investments in leasing operations and acquired rights of claim | 3 807 391 | (2.81%) | 3 900 595 | (2.56%) |
| Investments in securities | 6 086 766 | (4.50%) | 8 963 769 | (5.88%) |
| Other income-generating loans | (0.00%) | 177 456 | (0.12%) | |
We see that the amounts of Loans to legal entities, Loans to individuals, Promissory notes, Investments in leasing operations and acquired rights of claim have slightly changed, the amounts of Interbank loans, Investments in securities have increased, and the total amount of income-earning assets has increased by 12.6% from 135.40 to 152.47 billion rubles
Analytics by degree of security issued loans, as well as their structure:
| Securities accepted as collateral for issued loans | 7 512 088 | (6.37%) | 5 746 890 | (4.53%) |
| Property accepted as security | 18 902 180 | (16.04%) | 18 649 487 | (14.69%) |
| Precious metals accepted as collateral | (0.00%) | (0.00%) | ||
| Received guarantees and guarantees | 78 254 462 | (66.41%) | 81 694 579 | (64.37%) |
| - incl. corporate loans | 11 759 536 | (9.98%) | 12 581 384 | (9.91%) |
| - incl. physical loans persons | 74 215 013 | (62.98%) | 84 034 567 | (66.21%) |
| - incl. bank loans | 22 332 161 | (18.95%) | 22 890 109 | (18.04%) |
Analysis of the table suggests that the bank is focusing on lending individuals, the form of collateral for which is mixed types of collateral . The overall level of credit security is insufficient to pay off possible losses associated with the possible non-repayment of loans.
Brief structure interest liabilities(i.e. for which the bank usually pays interest to the client):
| Funds of banks (interbank credit and correspondent accounts) | 1 576 019 | (1.60%) | 3 358 900 | (3.00%) |
| Legal funds persons | 32 496 332 | (33.01%) | 40 565 587 | (36.19%) |
| - incl. current funds of legal entities. persons | 14 143 963 | (14.37%) | 15 171 037 | (13.53%) |
| Physical contributions. persons | 62 141 391 | (63.12%) | 63 724 207 | (56.85%) |
| Other interest-bearing liabilities | 2 240 293 | (2.28%) | 4 445 054 | (3.97%) |
| - incl. loans from the Bank of Russia | (0.00%) | (0.00%) | ||
We see that the amounts of deposits of individuals have changed slightly. persons, the amount has increased Funds legal. individuals, the amount of funds due to banks (interbank loans and correspondent accounts) increased significantly, while the total amount of interest-bearing liabilities increased by 13.9% from 98.45 to 112.09 billion rubles.
The structure of assets and liabilities of the bank JSC "OTP BANK" can be considered in more detail.
Profitability of sources own funds(calculated according to balance sheet data) decreased over the year from 9.98% to 5.11%. At the same time, the return on equity ROE (calculated according to Forms 102 and 134) decreased over the year from 12.93% to 8.74% (here and below, data are given in percent per annum for the nearest quarterly date).
The net interest margin decreased over the year from 13.07% to 10.15%. The profitability of lending operations decreased over the year from 18.87% to 15.40%. The cost of borrowed funds increased over the year from 4.80% to 4.98%. The cost of funds of the population (individuals) has slightly changed over the year from
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The review of OTP-Bank was conducted specifically to answer the question: is the bank stable in terms of the financial component and will the Central Bank revoke the license from the bank in the near future?
We analyzed all the key points that rating agencies evaluate when issuing a reliability rating to OTP-Bank, including: analysis of financial indicators provided to the Bank of Russia, analysis of the ownership structure and key beneficiaries, analysis of the information field for the bank, including publications in the media and customer reviews jar.
Express analysis of OTP-BankAs a "probe" of the review (in addition to the demo version), below you will find data on some of the financial indicators of the bank's stability, which we use to assess the reliability rating of OTP-Bank. The calculations are based on open data on credit institution from the website of the Bank of Russia as of September 2017 (when purchasing a review, we update them).
The bank is in the TOP-100 in terms of assets, ranking from 50 to 100. This is neutral from the point of view of the bank's reliability.
The share of problem loans in the total loan portfolio - 18.8%
The level of arrears on the total loan portfolio bank more than 2 times the market norm of 7%, and significantly higher than 10% - a level that experts already consider very negative for the bank. The value of the indicator should be interpreted as a very negative factor in terms of financial stability jar.
The share of deposits of individuals in the liabilities of the bank - 61%
The share of individual deposits in the bank's liabilities exceeds 50%, which is a negative factor in terms of the bank's reliability. The state-owned banks VTB24 and Sberbank have an indicator slightly above 50%, but for credit institutions smaller, this can be a moderately negative factor in terms of their reliability.
The dynamics of attracting funds from individuals over the past year - -0.9%
For 12 months, the amount of funds of individuals in the bank (both on deposits and on settlement accounts) has not changed much. This is neutral from the point of view of the bank's reliability.
Return on assets - 2.41%
The profitability of the bank is similar to the "average temperature in the hospital." This means that the rate of return on assets of a credit institution corresponds to the current norm banking market, which can be considered a moderately positive factor in the analysis of the bank for reliability.
The size of the authorized capital is 2.8 billion rubles.
The authorized capital of the bank is very large. This can be said by comparing the value with the minimum level of this indicator, set by the Central Bank of the Russian Federation, at 300 million rubles. The indicator can be interpreted as a moderately positive factor in terms of the bank's reliability.
Capital adequacy ratio H1 - 16.9
The Bank of Russia evaluates financial security every bank in the market. There are many indicators, but one of the main (if not the most important) is the sufficiency standard equity bank H1.0. The Central Bank requires all banks to exceed 8%. In our case, the indicator value is much higher, which can be interpreted as a moderately positive sign from the standpoint of assessing the bank's reliability.
The share of interbank loans in the bank's liabilities - 1.3%
The credit institution has a relatively low share of interbank lending in the structure of its liabilities: a value below 10% can be considered low. This is neutral from the point of view of the bank's reliability.
The express review is a truncated version of the review and does not include an analysis of the bank's owners, publications about the bank in the media, depositor reviews, and many other nuances that are important for a correct assessment of OTP-Bank's reliability rating.
- Summary
- Analysis Methodology
- Chapter 1. Overview of the Bank
- Chapter 1.1 General information
- Chapter 1.2 Organizational structure OTP-bank group
- Chapter 1.3 History of the Bank
- Chapter 1.4 Ownership structure and businesses of key co-owners of OTP-Bank
- Chapter 1.5 Top management and personnel changes
- Chapter 2. Reporting Analysis
- Chapter 2.1 Analysis of audited IFRS statements
- Chapter 2.2 Conclusions from the analysis of IFRS reporting
- Chapter 2.3 Analysis of RAS reporting
- Chapter 2.4 Conclusions from the analysis of RAS financial statements
- Chapter 3. Analysis of the information field
- Chapter 3.1 Analysis of reviews on Banki.ru
- Chapter 3.2 Analysis of publications in the media
- Chapter 4. Credit ratings
- Chapter 4.1 Ratings of international agencies
- Chapter 4.2 Ratings of Russian agencies
- Abbreviation table
- For those who are already a client of a credit institution
- Who is just going to deal with the bank and open a deposit, or use the account in their business
- Who is looking for reviews about OTP-Bank, is afraid of revoking the license from the bank and is looking for a structured professional analysis on this issue
- Is it possible to keep in the bank more than 1.4 million rubles covered by the DIA insured event?
- Who actually owns and runs the bank?
- Is OTP Bank resilient to financial shocks in the banking sector and the economy as a whole?
Overview of the bank "OTP-bank" is ready in the basic version. After payment, we will update it and send it to you.
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