Bank Sovetsky

2023: Detention of former board chairman in northern Cyprus

In June 2023, the ex-chairman of the board of directors of Sovetsky Bank, Stanislav Mitrushin, was arrested in northern Cyprus in connection with a criminal case on the embezzlement of 2.7 billion rubles from the funds of this bankrupt financial institution from St. Petersburg. Read more here.

2019: Head of the credit department convicted of participating in the embezzlement of 1.7 billion rubles

In October 2019, the head of the credit department of Sovetsky Bank, Andrei Kuznetsov, received  a four-year suspended imprisonment and a fine of half a million rubles for participating in the embezzlement of more than 1.7 billion rubles from the bank, as part of a criminal group.

2018: Licence revocation and bankruptcy

The Bank of Russia revoked the banking license from the St. Petersburg bank Sovetsky from July 3, according to a statement on the regulator's website. The order of the Central Bank says that the decision was made "in connection with the value of all ratios of the adequacy of funds (capital) of a credit institution<...> below 2%, a decrease in the size of own funds (capital) below the minimum value of the authorized capital established on the date of state registration of a credit institution."

At the end of August, the Arbitration Court of St. Petersburg and the Leningrad Region declared Sovetsky Bank bankrupt. These information are published in the file of arbitration cases.

2017: Move under DIA management

The Central Bank transferred banks Sovetsky Teamer Bank and under control. DIA Banks were associated with Tatfondbank, where for the third month there has been a moratorium on the fulfillment of creditors' claims. According to RBC the surveyed experts, in this way the Central Bank is trying to share the risks and find these banks a new sanatorium

2016

Tatfondbank won the competition for the reorganization of Sovetsky Bank

By the decision of the Board of Directors of the Central Bank of the Russian Federation Tatfondbank , he was recognized as the winner in the competition for the selection of the sanator of JSC Bank Sovetsky.

According to the Chairman of the Strategy and Corporate Governance Committee of the Board of Directors of PJSC Tatfondbank, Director of LLC TFB Holding Robert Mussin, the TFB group considers the North-West region as one of the priorities for expanding its business. This circumstance was due to the interest in participating in the competition, since the geographical concentration of the divisions of JSC Bank Sovetsky in the territory of St. Petersburg and the Leningrad Region opens up great opportunities and prospects for the development of the holding's business.

Bank Sovetsky came under the control of Tatfondbank

Petersburg Bank Sovetsky came under the control of the sanator - Tatfondbank in March 2016. Tatfondbank, which did not previously own shares of Sovetsky, received 102 trillion 235.45 billion of its ordinary shares, which is 99.999% of the authorized capital.

In turn, Russian Capital reported that its board of directors decided to terminate the bank's participation in Sovetsky by selling its shares with a par value of 1 / 10 223 545 rubles in the amount of 102 trillion 235.45 billion units to Tatfondbank at the acquisition price of 10 million rubles.

On March 9, the Bank of Russia approved changes in terms of preventing bankruptcy of Sovetsky Bank, choosing Tatfondbank as a sanatorium.

The latter makes personnel changes in this regard. So, it is planned to propose Marat Zagidullin, who has been managing Tatfondbank since the end of December last year, for the post of chairman of the board of Sovetsky. Robert Mussin, who already headed it, will return to the post of CEO of Tatfondbank - this decision was approved by the board of directors of the Tatarstan bank. Tatfondbank specified that the election of Mussina to the post of CEO would allow consolidating the management of the financial recovery processes of Sovetsky and Timer Bank (formerly BTA-Kazan Bank), which in May 2014 was accepted for reorganization by Tatfondbank's shareholder, New Petrochemistry.

2011:45 branches

Bank Sovetsky is a universal credit and financial institution, the key area of ​ ​ which was retail business: lending to individuals for various purposes and placing deposits.

The Bank provided customer service through its own network, which includes 45 branches of various formats that successfully serve customers in cities,, St. Petersburg,, Moscow,, Arkhangelsk,, Great Luke,, Vladimir,, Vologda,, as well Kaliningrad Murmansk Pskov Rybinsk as Severodvinsk Tver Cherepovets more than Yaroslavl 100 points for issuing car loans located in partner car dealerships of the Bank.

As of 01.11.2011, the Bank's equity amounted to 1,324,089 thousand rubles.

Bank Sovetsky was a member of the Deposit Insurance System, a member of the Association of Russian Banks and the Association of Banks of the North-West.