Source Pravda.Ru

GUTA Bank posts development plans

GUTA Bank is planning to invest about $100m in the program of retail business by 2010, GUTA Bank Vice President Denis Konstantinov declared at a news conference today. According to him, the bank will increase the number of its outlets to 250 in ten years, against 70 currently.

Konstantinov noted that the bank was planning to increase its share on the Russian retail bank market to 3 percent in five years. Currently this share is ten times less, he admitted.

The bank also expects to raise its capitalization to about $700m to $800m in ten years. The current volume of the bank's retail business (individual deposits and credit cards) amounts to $120m, against $30m at the beginning of 2002, Konstantinov noted.

© &to=http://www.rbcnews.com' target=_blank>RBC

Comments
USA prepares Russia's neighbours for WWIII
U.S. Humiliates South Korea, Threatens North Korea
It is about time Russia should exit Western project
China wants Moscow to confront pressure from Washington together
China wants Moscow to confront pressure from Washington together
China wants Moscow to confront pressure from Washington together
Keys to understanding the world from Feminism - Science and Feminism
China wants Moscow to confront pressure from Washington together
U.S. Humiliates South Korea, Threatens North Korea
China wants Moscow to confront pressure from Washington together
It is about time Russia should exit Western project
Turkey invades Syria to Moscow's and Washington's silent consent
U.S. Humiliates South Korea, Threatens North Korea
Sanctioned and isolated, Russians take palm of global leadership away from Americans
Sanctioned and isolated, Russians take palm of global leadership away from Americans
Sanctioned and isolated, Russians take palm of global leadership away from Americans
Russia eyes opportunity to restore all Soviet bases that had to be abandoned after 1991
Russia eyes opportunity to restore all Soviet bases that had to be abandoned after 1991
U.S. Humiliates South Korea, Threatens North Korea
Russia eyes opportunity to restore all Soviet bases that had to be abandoned after 1991
Russia eyes opportunity to restore all Soviet bases that had to be abandoned after 1991