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Royal Bank activates work with corporate customers

08 September 2011 11:53 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Ad Hoc Working Group of Royal Bank develops a new program â€“ â€œThe Geography of the risksâ€, board chairman Barat Piriyev told APA.

to him, the new program will reflect the issues about which segment of the preferred corporate customers, increasing the number of corporate customers with respect to individuals, etc.

Piriyev noted that in order to develop the program, the past three years of loan market on corporate customers are being analyzed: â€œBasically, we study how, in what segment of the loans issued to corporate customers for the past three years. As you know, the work of the bank can not be confined in one retail sale, it is not so effective. From this perspective, Royal Bank will increase the share of corporate customers in the loan portfolio by 10 percentage points by the end of the year, and bring it up to 50%. Currently, the share of individuals in the loan portfolio is 60%, and corporate customers - 40% â€œ, - he added.

Remind that, the Royal Bank has been in operation since 1993.