Of January 1, 2006 the banking segment of the Kirov oblast's economy was represented by 3 regional commercial banks and 10 branches of Moscow, St.Petersburg and Ekaterinburg banks.

In 2005 banks in the Kirov oblast operated rather stable of which testifies the growth of their own assets and of the attracted capital.

The total amount of bank assets on January 1, 2006 was 24.5 bln. roubles which is by 40.1% more than at the beginning of 2005. The growth of assets when compared to the beginning of 2005 displayed independent commercial banks (by 48.5%) as well as branches of various banks (by 38.8%).

In 2005 the Kirov oblast's banking system demonstrated growth of their own assets. Of January 1, 2006 own assets of the oblast's crediting organizations were 2.3 bln. roubles, having grown by 17.7% if compared to the beginning of 2005.

The attracted capital of the clients made up the base of the assets of the Kirov oblast's crediting companies (branches). As compared to the beginning of 2005 the total amount of deposits increased by 2.6 bln. roubles (by 26.7%). The remainder of the depoposits in the banks in 2005 increased by 24.6% totalling at 11.9 bln. roubles of January 1, 2006.

Growth of the attracted capital contributed the growth of available assets of the crediting companies. Owing to this fact the crediting companies increased crediting volumes into industry. Total crediting investments (including the overdue debts) in 2005 grew by 6.2 bln. roubles(47.5%) on January 1, 2006 reaching 19.4 bln. roubles, which is 80.1% of the investments made by the oblast's banks.

The state of progress of major parameters characterizing the Kirov oblast's banking business in 2005 testified of positive trends: growth of total assets, growth of the capitalization level of crediting companies, growth of assets formed by the population deposits, increase of profits. The influence of banks on the oblast's economy development increased which can be seen in the growth of crediting volumes for the industry, financial bodies nd the population. In general the banking sector of the Kirov oblast's economy is stable and can without any risk for the creditors and investors perform operations of attracting the capital with its subsequent placement in income assets.

Banks of the Kirov oblast