Penza, 13 March 2012. PenzaNews. According to bank press service, it resulted from the current year spent transformation of the credit organization to the form of the open joint-stock company in February.

By March 8, 2012, in comparison with the similar period of 2011, the growth of its own capital totaled 73%.

“Own resources are the main source of the investments in long-term actives,” informed in the press service, having underlined that the given fact is one more acknowledgement of national rating “B ++” with the stable prospects.

According to analysts, increase in its own capital of the regional bank is a positive signal which will work on growth of reliability, financial stability and trust to the credit institution from partners and clients.

Bank “Kuznetsky” is founded as a limited liability company and registered by the Bank of Russia on October 26, 1990 at number 609. Since 1991 it is a member of Association of Russian banks.

Bank “Kuznetsky” works under the international standards of the financial reporting and is included in the register of banks-participants of the obligatory system insurance of contributions.

In June 2011 the leading independent national rating agency “Analysis, consultations and marketing,” appropriated to the bank a rating “B ++” with stable prospects.

In February 2012 bank “Kuznetsky” was transformed from a limited liability company to an open joint-stock company.