About

RN Bank is the Finance Company of Renault –Nissan Alliance in Russia. The Bank provides financing and services to dealers and to retail customers who purchase Alliance cars. To dealers, the Bank provides car stock financing and spare parts financing; to retail сustomers: loans to finance purchase of new and used cars and services (credit protection, CASCO, warranty extension etc.).

The Bank was established in 2013 by purchasing of full banking license of bank Sibir (owned by Unicredit Group and founded in 1990). Now the Bank is ultimately owned by Renault S.A. (30% through RCI Bank & Services) Nissan ( 30%) and UniCredit S.p.A. (40%).

The Bank has maintained its position as the top captive bank operating in Russia by total assets and loan portfolio. The Bank’s mission is to increase Alliance sales and customer loyalty to Renault-Nissan brands. In Russia the bank works with 4 of the Alliance brands: Renault, Nissan, Infinity, Datsun.

In 2015 the Bank’s loan portfolio continued to grow, reaching 44,2 bln RUB of which 1/4 of dealers financing and 3/4 of retail clients financing. Loan portfolio growth was fueled by RN Bank participation to state interest rate subsidizing program. The portfolio is of high quality, with collateral, and well provisioned. 1/3 of Alliance retail cars are sold with RN Bank loan.

RN Bank has a solid capital adequacy: N1.0 = 15,5% (CBR min 8%) as of end of year 2015.

In 2016 RN Bank received Fitch Rating at the level of BB+/Stable. On 5th of July 2016 the Bank placed its debut bonds issue on MOEX, for 5bln RUB 5 years, at coupon rate of 10,4% to put option in 2 years. Placement was oversubscribed 2.6 times. The organizers of the placement are ROSBANK and UniCredit Bank. The Bond issue aims at diversifying the funding base with additional access to local liquidity.

On 14 November 2016 Fitch ratings confirmed the RN bank’s rating at level BB+, outlook was changed to Positive from Stable.

Our Values
Positive cooperation
Transparency
Trust
Respect
Responsibility
Our Vision
Be innovative profitable captive bank within the alliance Renault-Nissan, which allows to provide high quality services to its customers

FOR ORGANIZATIONS

+7 495 775-40-68

help@rn-bank.ru

1109028, Russia, Moscow, Serebryanicheskaya nab., 29

Operating hours: 9:00 am - 6:00 pm on weekdays