Locko-Bank logo — company profile

Locko-Bank

Founded 1994 Russia Moscow, Russia 72 employees Finance, Financial Services +1

General Information

Company Name Locko-Bank
Founded Year 1994
Location Russia Moscow, Russia +1
Employees 72
Industries Finance, Financial Services, Banking
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About Locko-Bank

Locko-Bank, a universal medium-sized independent commercial bank, has gained significant traction with the participation of reputable foreign investors in its share capital - IFC, Washington D.C. and East Capital group, Stockholm. Founded in 1994, it holds a commendable position in the Russian banking sector, ranking 70th by Assets and 63rd by Net profit as of January 1, 2014. The bank's steady growth is evidenced by its 11% increase in total assets reaching RUB 79.7 billion in 2013 and a 17% rise in net income to RUB 1.5 billion. Furthermore, the bank's equity spiked by 24% year-on-year to RUB 10.4 billion in 2013. Locko-Bank's strength is evident in its position as one of the top SME lending Russian banks, rated Top-6 by Expert RA, as well as being ranked 13th in the largest Russian banks auto lending ranking. Its credibility is reinforced by Moody's Investors Service and Fitch Ratings, as it secures a position in the Top-13 most reliable Russian banks rating as of October 1, 2013. The bank's foothold is further solidified through its membership in the Deposit Insurance System for over 10 years. With a focus on SME and retail lending, Locko-Bank boasts an extensive branch network comprising more than 60 offices in 21 regions of Russia. Its customer base extends to over 95,000 individuals and 23,000 enterprises, spanning various sectors of the Russian economy. The bank's consistent growth and stability make it an attractive prospect for potential investors.

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FAQ About Locko-Bank

LOCKO-Bank is a universal medium-sized independent commercial bank with the participation of the reputable foreign investors in its share capital - IFC, Washington D.C. and East Capital group, Stockholm. The Bank was found in 1994. LOCKO-Bank is in Top-100 banks in Russia (70th by Assets and 63rd by...
Locko-Bank was founded in 1994.
Locko-Bank is headquartered in Moscow, Russia.
Locko-Bank operates in the following industries: Finance, Financial Services, Banking.
Locko-Bank has approximately 72 employees.
Top alternatives and competitors to Locko-Bank include Zürcher Kantonalbank, China Industrial Bank, AlRayan Bank Group, IBOX BANK, Vnesheconombank. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Locko-Bank and Zürcher Kantonalbank are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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