The banking sector of St. Petersburg occupies the key positions in the North-West of Russia both by the number of Lending Institutions (LI), and by the parameters of their activities.

Subjects of Federation of North-West Federal District	Number of Lending Institutions	Number of Branches of Regional LI	Number of Branches of LI from other regions	Total Number of LI
Republic of Karelia	1	2	26	28
Republic of Komi	6	n	31	42
Archangelsk Oblast	5	0	30	30
Vologda Oblast	9	15	30	45
Kaliningrad Oblast	13	6	25	31
Leningrad Oblast	4	2	38	40
Murmansk Oblost	4	2	24	26
Novgorod Oblast	2	4	25	29
Pskov Oblast	5	0	14	14
St. Petersburg	42	33	78	111
Total in NW Federal District	91	75	321	396

Structure of the Banking Sector of St. Petersburg (as of 1 January 2002)

Commercial Banks	40	Including 2 banks with 100% foreign capital
Nonbank LI	2
Branches of nonresident banks	80	65 branches of Moscow banks
Representative Offices of Banks	12	4 ROs of foreign banks

• 16 banks possess a General License;
• 19 lending institutions have a license for carrying out FOREX operations;
• 6 banks have licenses for attraction precious metals into deposits and placement of precious metals;
• 2 banks have permissions for operations with precious metals.

The share of the lending institutions who have the right for carrying out banking operations in foreign currency makes 83.3% of the active banks.

As of 1 January 2002, St. Petersburg banks have 33 branches in the city and 139 branches outside the city (24 - in Leningrad Oblast and 115 - in other regions of the Russian Federation).

In 2001, two new lending organizations joined St. Petersburg banks: ОАО "Sevzapinvest-prombank" (Novgorod) that changed the location for St. Petersburg and ZAO Bank "Sovetsky" (Vologda).

Structure of the Banking Sector
of St. Petersburg by the Volume of Assets

Structure of St. Petersburg Banks
by Own Capital Volume

Bank	Position among 100 largest banks of Russia
NORTH-WEST BANK OF SAVINGS BANK OF RF
INDUSTRY & CONSTRUCTION BANK	13
MENATEP ST. PETERSBURG	14
INTERNATIONAl BANK OF ST. PETERSBURG	34
INKASBANK	44
CREDIT LYONNAIS RUSBANK	45
PETROVSKYNARODNYBANK	46
BANK "ST. PETERSBURG"	53
BALTONEXIMBANK	55
DRESDNER BANK	56
BAITUSKY BANK	57

Structure of St. Petersburg Market for Bank Loans

Structure of Bank Loans by Time Periods Granted

During 2001 the tendency for growth of the joint capital of the lending institutions of St. Petersburg was further developed. Over the year the capital of the lending institutions increased by more than 1.5 times to make 16.285 mln roubles. The main sources for the capital growth were the following: increase of the chartered capital, profits and attraction of subordinated loans.

As of 1 January 2002, the current returns of the active lending organizations reached 5711 mln roubles, including the returns of banks - 2711 mln roubles, and of branches of nonresident banks - 3000 mln roubles (including North-West Savings Bank of RF).

As of 01.01.2002, 7 auditing companies are operating in St. Petersburg on the basis of licenses issued by the Bank of Russia for carrying out the auditing inspections of lending organizations.

During the fourth quarter, the tendency for growth of the joint capital of the lending institutions of St. Petersburg was further developed. Over this period, the capital of the lending institutions increased by 3124 mln roubles (by 23.7 %) to make 16.285 mln roubles. The main sources for the capital growth were the following: increase of the chartered capital, volume of earnings and attraction of subordinated loans.

The balance currency of the commercial banks as of 01.01.02 made 202 bln roubles, having increased by 24%, as compared to 01.01.01, including growth in roubles - 23%, in currency -27%. The balance currency of the nonresident commercial banks made 185 bln roubles (grown against 01.01.01 by 2.5 times). The share of the balance currency of the nonresident commercial banks in the total balance currency of the lending institutions of the region made 48%.

As of 1 January 2002, the current earnings of the acting lending organizations reached 5711 mln roubles, including the earnings of the banks - 2711 mln roubles, branches of nonresident banks - 3000 mln roubles (including the North-West Savings Bank of RF). The number of profitable banks is 40, or 95 % of the number of active banks, the number of profitable branches of nonresident banks is 45, or 64 % of the total number of banks. The aggregated losses of the lending institutions of St. Petersburg by the results of 2001 are: of the active banks - 2 mln roubles, branches of nonresident banks - 110 mln roubles .

Аssociation of Commercial Banks of St. Petersburg: 191023, St. Petersburg, Sadovaya str, 21.
Tel.: (812) 315-65-09, fax: (812) 315-72-83.
Internet-site: http://www.acb.spb.ru/

Comparative Dynamics of the Main Indices of the Banking Sector of St. Petersburg and
Macroeconomic Parameters of the Region (bln roubles)