1 / 11

FORUS Bank: Empowering Micro and Small Businesses Across Russia

FORUS Bank is dedicated to providing high-quality banking services to micro and small enterprises in Russia. Our mission extends beyond urban centers, reaching disenfranchised entrepreneurs in regional areas to help them develop their businesses, create jobs, and enhance their economic and social well-being. In our first year, we've served 17,000 loan clients and made significant profits, demonstrating our commitment to innovative financial solutions. As a member of the Opportunity International Global Network, we continue to grow and expand our reach, with a focus on customer service and technology.

julinka-horvath
Télécharger la présentation

FORUS Bank: Empowering Micro and Small Businesses Across Russia

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. FORUS Bank The Regional Microfinance Bank in Russia Dynamic Development

  2. Mission • To provide a range of high quality banking services for micro and small businesses; • To be accessible for small businesses in the regions, reaching beyond the oblast centers; • To enable disenfranchised micro entrepreneurs to: • Develop their businesses • Create jobs • Improve their economic, social and spiritual well-being

  3. FORUS Bank Yr 1 Achievements • 17,000 Loan clients and 8,500 settlement accounts as of 30 Sept • 39 Offices • 26 Regions of the Russian Federation • 1 million USD profit for first year of operation • 2,000+ loans disbursed in Aug 2006 • 3000 USD average loan • 15 million USD in capital (end of 2006)

  4. Member of the Opportunity International Global Network • Largest global microfinance Network, operating in 30 countries with 35 year history • Innovative products and services for micro entrepreneurs • 810,000 clients • 204% growth in outreach over the last three years • Equity of $110 million

  5. Longevity and Quality in Russian Microfinance • 1994 Opportunity pioneers microfinance in Russia • 2000 Fund FORA created • 2005 FORA Financed 15,807 clients with 18,138 Loans in 22 regions • Portfolio quality during 5 yrs no more than 0.9% over 30 days • August 2005 FORUS Bank launched • Financing from IFC and EBRD • AA- Rating by Microfinancza Rating Agency • BDO Unicon annual IAS auditors

  6. Vast and Growing Regional Network in Russia FORUS Bank operates in areas where there are 20,000 people for each bank office! - existing - 2006 - 2007-2008

  7. Profitable Business,Financing Growth

  8. Dynamic Growth (Loan Portfolio) 59

  9. Targets for 2007 • 24,500 Clients • 13.6% ROE • 50% Portfolio Growth • Improved customer service through technology • New products to provide full financial service for micro and small businesses

  10. Investment Opportunities

  11. Why Partner with FORUS Bank? • Unique growth market • Vast Network • Client Impact • Committed, energetic staff looking for cutting edge solutions combining banking and microfinance expertise • Shareholder and board bring strategic international expertise and resources

More Related