STRATEGIC REPORT
To be among the leaders in online sales and operations, while remaining the most efficient digital classic Russian bank.
FINANCIAL
PERFORMANCE
Core banking revenues increased by 11.2% and amounted to RUB 30.5 billion.
BUSINESS
DIVISIONS
Expert knowledge of the customer base and proximity to customers ensure the Bank’s flexibility and responsiveness in addressing the needs and interests of each of the 2 232 000 customers.
FROM RISK
TO OPPORTUNITY
Thanks to efficient and proactive risk management, which strives to transform every risk into an opportunity, Bank Saint Petersburg is always profitable and resistant to external shocks.
CREATING WEALTH
RESPONSIBLY
The entire business is built on ethical principles and a responsible approach to increasing wealth and maintaining the trust of employees, customers, shareholders, society as a whole.
AT A GLANCE
One of the largest regional banks in Russia,
PJSC Bank Saint Petersburg, was founded in
1990. The Bank operates in St. Petersburg,
the Leningrad Region, Moscow, Kaliningrad and Novosibirsk.
Thanks to a well-chosen strategy, consistent
financial policy, and commitment to the values
of a civilized business, the Bank has for many
years maintained a reputation as a strong
and reliable partner.
Core banking revenue
Net interest income
Net fee & commission income
Assets
14th in Russia
Retail deposits
14th in Russia
incl. 1 300 000 Internet Bank users
BUSINESS DIVISIONS
CORPORATE BANKING
To date, Bank Saint Petersburg has 50 000 corporate customers. The Bank’s corporate banking business remains primarily focused on the regional market of St. Petersburg.
RETAIL BANKING
As one of the key players in St. Petersburg’s retail banking services, Bank Saint Petersburg aims to become the first bank of choice for the city's residents. The Bank currently has 2 232 000 retail customers, forming a solid base for the future successful growth of its retail business.
PRIVATE BANKING
The main advantages of the Private Banking program are access to the maximum set of product offers with the best price conditions, comprehensive expertise of customer requests and needs, development of individual solutions, full confidentiality of personal and financial data and customer transactions and family service.
DIGITAL BANKING
The e-banking system for retail customers, Internet Bank, accessible at i.bspb.ru, is the principal online channel for the customers of Bank Saint Petersburg, offering increasingly better services and solutions at more favorable prices. The number of individuals who have signed up for i.bspb.ru showed a growth of 15% in 2019: from 1 130 000 to 1 300 000.
LETTER FROM THE MANAGEMENT
Dear customers,
investors and partners,
Year 2019 for the Russian economy was characterized by slowdown of economic growth and the ruble strengthening. For this year the banking sector once again posted record-braking results, with interest rates going down coupled with continued growth of retail lending, despite customers’ weaker income dynamics.
A distinctive feature of the past year was tighter regulation, namely concerning risk-weights on retail loans in capital adequacy calculations, a reaction to fast growth rates in this segment for the past few years. Corporate lending featured a mild growth corresponding with that of the economy as a whole. Implemented federal and regional projects, such as fast payments system, CBR’s Marketplace, Resident ID card proved to be significant milestones of 2019, leading to the banking sector transformation in the near future.
