Presentation of Joint-Stock Company “Delta Bank” took place in Minsk, Belarus.
April 15, 2008
On 28th of march, 2008 a ceremonial presentation of Joint-Stock Company “Delta Bank” took place in Minsk, Belarus. In the ceremony took part representatives of the National Bank of Belarus, executives of commercial banks, financial organizations and retail networks of Belarus. Nicolay Lagun, Chairman of the Board of Directors of Commercial Bank “Delta”, and Irina Partnova, Chairman of the Board of Joint-Stock Company “Delta Bank”, spoke at the presentation about the development plans for the Bank and new enterprises of financial sector, as well as a development company in Belarus. The executives of the Bank consider that by the end of the year 2008 Joint-Stock Company “Delta Bank” will take a leading position in Belarus consumer lending sector. During the year 2008 the number of employees will be increased to 2 thousand people, including recruiting of specialists from Belarus. One of the strategic goals of Joint-Stock Company “Delta Bank” is a forming of client base of not less than 1 million people. Thus, the Bank will take approximately 25% of Belarus consumer lending market. At present more than 400 points of sales of Delta Bank are opened and operate successfully, by the end of the year there will be around 1 thousand points of sales. It is also planned to develop regional network and to open 20 branches of the Bank. Among the main products of Delta Bank for the initial period a special place will be given to promotion of consumer loans, credit cards, cash-loans and car loans. Joint-Stock Company “Delta Bank” is orientated on a client, who has never used bank services before. Now the equity capital of the Bank constitutes USD 30 millions. During the year 2008 the capital of the Bank will be increased to USD 50 millions. By the beginning of the year 2008 credit portfolio will amount to USD 150 millions. During