22 Sep 2010 19:58

UralSib could up retail loans 10%-15% in 2011

MOSCOW. Sept 22 (Interfax) - UralSib could boost its retail loan portfolio 10%-15% in 2011, Ilya Filatov, the bank's deputy chairman told reporters.

Retail lending should be level with 2009 this year, he said.

The bank's overall loan portfolio last year was 201.7 billion rubles audited to Russian Accounting Standards (RAS), including 131.7 billion in corporate loans and 70 billion retail loans.

Ildar Muslimov, the bank's chairman, has said the overall loan book could grow 10% this year, driven by both corporate and retail loans, but with the emphasis on corporate.