Tim Bank

2019: Credit from the Central Bank for 2.9 billion rubles and rehabilitation with the participation of Rostec

In 2019, the same bank was sanitized again, but with the participation of Rostec: due to the next Central Bank loan of 2.9 billion rubles.

2017: The bank is placed under the control of DIA

The Central Bank transferred the Sovetsky and Timber Bank banks to DIA management. Banks were associated with Tatfondbank, where a moratorium on the implementation of creditors' claims has been in place for the third month. According to experts interviewed by RBC, in this way the Central Bank of the Russian Federation is trying to separate the risks and find these banks a new sanatorium

2016: Tim bank limited deposit withdrawals

Tim Bank (Tatarstan) introduced a limit on withdrawal of deposits in December. In particular, at early closing the restriction up to 5 thousand rubles, upon completion of contribution term is introduced - up to 100 thousand ^[1].

Earlier, the press service of the bank said that Tim Bank has the necessary resources and funds to implement its own financial recovery plan. The credit institution noted that the plan was approved by the Bank of Russia and the Deposit Insurance Agency for the period until 2024. According to the plan, Tim Bank throughout these years remains an independent credit institution and, after the expiration of the financial recovery period, fully restores all regulatory parameters of banking activity.

In addition, on December 16, Tim Bank announced the temporary suspension of the service of its payment cards through the Tatfondbank processing center.

At this time, Tim Bank is a universal regional bank, one of the largest in Tatarstan. The main areas of activity are lending and cash settlement services to commercial organizations and individuals, as well as attracting public funds to deposits. 100% of the bank's shares belong to Novaya Petrochemistry, which, in turn, controls about 20% of Tatfondbank's capital.

2015: Renaming to "Timber Bank" and a loan of 10 billion rubles from DIA

In April 2015, the bank changed its name to Timber Bank. Then a loan of 10 billion rubles. allocated DIA.

2014: Recovery "BTA-Kazan" with the participation of Tatfondbank

In 2014, the Central Bank announced the beginning of the financial recovery of BTA-Kazan, which was under the control of Mukhtar Ablyazov. The reorganization took place with the participation of Tatfondbank Robert Mussin (later found himself under a criminal case).

1991: Foundation of the bank

The bank was founded on the basis of the Tatar branch of Finist-Bank in 1991 under the name "Volga-Kama Joint Stock Bank" (VKAB). Among the shareholders at different times were KMPO JSC, Chistopol Watch Plant Vostok JSC, Tatenergo JSC, Kazan Heating Network Enterprise, Novomendeleevsky Chemical Plant, NPO Kirova Plant, Promstroybank, Concern Izhmash OJSC, Tatar International Airport and Kazan state companies.

Notes