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REG - TCS Grp Hldg PLC - TCS Group Holding PLC Notice of Results <Origin Href="QuoteRef">TCSq.L</Origin>

RNS Number : 2266W
TCS Group Holding PLC
05 November 2014

TCS Group Holding PLC

Notification of 3Q 2014 IFRS Results and Conference Call

Moscow, Russia - 5 November 2014. TCS Group Holding PLC (TCS LI) (the "Group"), Russia's leading provider ofonline retail financial services,including "Tinkoff Credit Systems" Bank ("TCS Bank") and Tinkoff Online Insurance, will announce its IFRS results for the third quarter and the nine months ended 30 September 2014 on Friday,28November 2014.

The management team will host an investor and analyst conference call at 13.00 UK time (16.00 Moscow time, 08.00U.S. Eastern Daylight Time), on Friday, 28November 2014.

The IFRS report will be available on the TCS Bank website athttps://www.tcsbank.ru/eng/investor-relations/results-and-reports/

To participate in the conference call, please use the following access details:


Confirmation Code:

7151199


Local - London, United Kingdom:

+44(0)20 3427 1900


National free phone - Russian Federation:

8 800 500 9311


National free phone - United States of America:

1877 280 2342


National free phone - United Kingdom:

0800 279 4841


Local - Geneva, Switzerland:

+41(0)22 592 7953


Local - Stockholm, Sweden:

+46(0)8 5065 3938


Local - Frankfurt, Germany:

+49(0)69 2222 10623

A live webcast of the presentation will be available at:http://event.on24.com/r.htm?e=886056&s=1&k=33F816B8F4591069C90C6F2A3545F6B2

Please register approximately 10 minutes prior to the start of the call.

For enquiries:

Tinkoff Credit Systems Bank

Peter Russell, IR Director

+44 20 3691 2049

ir@tcsbank.ru

Tinkoff Credit Systems Bank

Darya Ermolina, Head of PR

+ 7(495) 648 1000 (ext. 2009)

d.ermolina@tcsbank.ru

FTI Consulting London

Larisa Millings

+44 (0)20 3727 1364

FTI Consulting Moscow

Olga Lundquist

+7 495 795 06 23

About the Group

TCS Group Holding PLC is an innovative provider of online retail financial services operating in Russia through a high-tech branchless platform. In order to support its branchless platform, the Group has also developed a "smart courier" network covering almost 600 cities and towns in Russia which allows next day delivery to many customers.

Since its launch in 2007 by Mr Oleg Tinkov, a renowned Russian entrepreneur with a long track record of creating successful businesses, the Group has grown into a leader in the Russian credit card market, with the third largest credit card loan portfolio and a market share of 7% based on non-delinquent receivables (according to Central Bank of Russia (CBR) data, as of 1 July 2014). As of 1 August 2014, the Group has issued over 4.5 mln credit cards.

In addition to a market-leading credit card offering, the Group has developed a successful online retail deposits programme. The Group's other innovative lines of business include Tinkoff Online Insurance, which enables the Group to underwrite and sell its own innovative online insurance products, and Tinkoff Mobile Wallet, mobile payment solutions and financial services for Russian consumers.

As of 30 June 2014, the Group's total assets amounted to RUB 94.9 bn, net loans and advances to customers stood at RUB 74.6 bn and customer accounts (deposits) amounted to RUB 42.1 bn. In 1H 2014, the Group generated a net income of RUB 1.7 bn and net interest income of RUB 15.2 bn.

The Group is well capitalised with the total capital ratio and Tier 1 capital ratio of 26.5% and 21.4%, respectively, in accordance with Basel III methodology.


This information is provided by RNS
The company news service from the London Stock Exchange
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