– Tinkoff Bank pondered the results of retail loans secured by automobiles and apartments, will hold the first tests in the near future. This was reported to journalists by the Chairman of the Bank Oliver Hughes during a telephone conference on Tuesday.
“We’re really going to test different mortgage loans. This mortgage loans for small business, a loan secured by an apartment, a loan secured by car. This is the year we run a number of tests to understand where there are interesting business,” said Hughes.
According to him, collateral loans against cars and apartments will provide individuals and small businesses. The Bank wants to test these areas and in case of successful test to develop them.
Hughes added that the Bank had the idea of a mortgage for a long time.
As for unsecured lending, the group in 2018, it expects growth of at least 25%, said the head of the Bank.
Tinkoff Bank still has no plans to issue mortgages themselves, will only work as a broker for the issuance mortgage balances with other banks. In addition, according to Hughes, the credit organization intends to develop with the Agency for housing mortgage lending (AHML, now House.Of the Russian Federation) a joint venture which will be engaged in issuing and servicing of mortgage loans on an electronic platform.
The total loan portfolio of the parent company Tinkoff Bank TCS Group Holding, in 2017, according to IFRS increased by 31% to 157.8 billion roubles. The main part (89%, or 140,2 billion roubles) amount of the credit card. For cash loans accounts for 7 billion rubles, installment loans – 5.9 billion rubles, POS-loans – 4.7 billion rubles.
Tinkoff Bank at the end of 2017, is a 30-th place in terms of assets in ranking “Interfax-100” prepared “Interfax-TSEA”.