"Renaissance Credit" summed up the development of POS business in 2017

"Renaissance Credit" summed up the development of POS-crediting in 2017. During the reporting period, the Bank issued a record amount of targeted loans. For the first time in its history, "Renaissance Credit" has provided customers with 45 billion rubles in the form of POS-loans. Compared to year 2016, this amount increased by 15.2%, broadly in line with General market dynamics.

Excellent results the results contributed to strengthening the Bank's position in the top three of the market for lending. On January 1, 2018, the portfolio of POS-loans "Renaissance Credit" reached RUB 28.3 billion Over the past year, it increased by 12.5%.

The proportion of "Renaissance Credit" in the market of lending at the end of 2017 amounted to 11.5%*.

"The Bank pays special attention to this line of business. We continue to maintain focus on the development of partnerships with major companies of the Federal scale and with local networks and small shops. In the past year, the Bank actively developed the unreached areas, such as the far East and Moscow oblast. We also worked to increase loans in the segments that had previously shown low results – we are talking about furniture and fur garments. In addition, the Bank is constantly improving the configuration of their loan programs, providing customers the opportunity to make loans at the most attractive conditions," – said Sergey Vasilyev, senior Vice President, Director of sales trust loans "Renaissance Credit"

The number of points of sales where clients have access to a POS-loans of the Bank increased in the reporting period by 20% and at the end of December numbered nearly 90,000.

Most often in 2017 targeted loans in the "Renaissance Credit" designed by women (63.2 per cent). With regard to age, 26.2% of clients belonged to the category of 31-40 years, followed by 20.8% – to the category of 24-30 years, 19,6% – 41-50 years. The most popular POS Bank loans were used by the inhabitants of Moscow and Moscow region, Krasnodar territory, St.-Petersburg, Republic of Tatarstan and Republic of Bashkortostan.

*According to Frank Research Group

Information about the "Renaissance Credit"

Russia offers to individuals consumer loans, Bank cards, deposits and other services.

Founded in 2003, "Renaissance Credit" is in the TOP 100 largest Russian banks and is open from 10 million customers in Russia. The geography of activities of "Renaissance Credit" covers 63 regions of Russia.

The Bank was assigned ratings from Standard and Poor's " B–", ACRE – VVV-(EN).

The main owner of "Renaissance Credit" is ONEXIM Group, one of the leading Russian investors, which owns a diversified portfolio of assets in the financial services, mining, real estate, energy and high technology.

The Bank of Russia license for banking operations No. 3354.