YEREVAN, June 6, /ARKA/. UNISTREAM bank said today its capital stood at one billion Russian rubles as of May, 1, 2018. The normative of the bank’s H1.0 capital adequacy was 20.93% (minimum allowable value is 8%), the normative of instant liquidity H2 was 94.43% (minimum allowable value is 15 %); the normative of the current H3 liquidity was 116,045 (the minimum allowable value is 50%).
The availability of a capital of not less than 1 billion rubles is a necessary condition for the bank to get a universal license in accordance with the federal Law 395-1 "On banks and banking activities," the Russia-based bank said in a press release.

It said having completed the year of 2017 with a record profit of 224 million rubles, UNISTREAM bank keeps demonstrating rapid rates of growth in all its spheres of performance. The volume of money transfers made via UNISTREAM international payment system to the CIS countries in the first trimester of 2018 rose by 12 %.

According to the data provided by the Bank of Russia, the market share of UNISTREAM in cross-border transfers from Russia during the reporting period was 30 % (the ones to CIS countries inclusive-29%). Among the most significant destinations, CIS countries and Georgia have recorded the greatest growth: Armenia (+21%), Georgia (+19%), Kyrgyzstan (+14%); in the distant foreign countries: Slovakia (+385), Vietnam (+20%), Philippines (+16%). The bank’s profit in the first trimester of 2018 was 50.6 million Rubbles.

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