The Group’s assets increased by 20.6% to RUB 18.2 trillion in 2013. Loans and advances to customers remained the largest asset class, comprising 71% of total assets as of the 2013 year-end. The proportion of liquid assets — comprising cash and cash equivalents, due from banks and the securities portfolio — amounted to 20.9%.
The securities portfolio increased by RUB 171.5 bn to RUB 2.1 trillion at the 2013 year-end. The portfolio comprised mostly bonds and is primarily used for liquidity management.