Bank Petrokommerts

History

2017: Integration project for transition to a single IT platform of Otkritie Bank

Main article: Bank Opening (information systems)

Otkritie Bank is completing an integration project to transfer to a single IT platform the branches of the attached Petrokommerts Bank. In June 2015, the procedure for the legal accession of Petrokommerts Bank to Otkritie FC was completed, and a project began to transfer all Petrokommerts branches to common business processes, a single ABS and general processing, as well as to optimize the combined network of branches and branches. In February 2017, the project ended with the migration of the last Moscow head branch of Petrokommerts Bank.

The project was implemented through a step-by-step migration of each branch, and to maintain the achieved level of service, product and service improvements were carried out on the target IT infrastructure.

To implement the project, Otkritie IT Bank has formed five teams responsible for various functional areas. Successful coordination of teams made it possible to implement a large-scale project in the planned time frame and maintain the quality of customer service.

"Having completed the legal part of the project of joining Petrokommerts Bank, we continued to implement integration processes," summarizes Vladimir Rykunov, First Deputy Chairman of the Board of FC Otkritie, who headed Petrokommerts Bank before joining. "The transition to a single IT platform, the unification of business processes and the product range, the reformatting of the regional network were carried out in a comfortable mode for customers

Kirill Menshov, Director of Information Technology at Otkritie Bank, emphasizes: "As a result of the project, the bank was able to significantly reduce transaction costs by abandoning IBSO CFT ABS and Way4 processing used at Petrokommerts Bank, as well as all relevant infrastructure. In particular, in accordance with the bank's strategy for using the x86 platform, expensive Hi-End RISC servers were decommissioned. The integration team in 2017 will focus on the following projects to harmonize the IT landscape of the bank. "

2016: Inclusion in Otkritie Bank

On August 23, 2016, Otkritie Holding announced the completion of the integration of its banking group. Nomos Bank, Otkritie Bank, Khanty-Mansi Bank and Petrokommerts Bank are merged into Otkritie Bank, the largest private bank in Russia.

2012: Lukoil main settlement bank in the ruble area

It has subsidiary banks: Komiregionbank Ukhtabank OJSC (Komi), Stavropolpromstroybank-OJSC (Stavropol Territory), Bank Petrokommerts-Ukraine PJSC (Ukraine). It has 18 regional branches. The range of enterprises serviced by the bank includes LUKOIL OJSC and its subsidiaries, Solikamsk Magnesium Plant, Severo-Caspian Shipping Company, Novorossiysk Shipyard, Lizingstroymash Corporation, Moscow Telecommunications Corporation, Basic Element enterprises, NAFTA-Technosila trading network.

The Bank is one of the strategic assets of IFD Capital Group, one of the largest diversified holdings, whose assets are represented in the oil and gas industry, the financial sector, pension provision, energy, mass media and high technology.

IFD Capital Group is one of the TOP-100 largest companies in Russia in terms of revenue (according to the ratings of Finance-500 and Expert-400).

Petrokommerts is the main settlement bank of OAO LUKOIL in the ruble area.

2008 — 2011

• obtaining a license of the Bank of Russia for operations with precious metals
• Approval by the Board of Directors of the 5-year Development Strategy 2016
• joining the Factoring Association

In 2011, Petrokommerts Bank is a universal credit and financial institution providing a full range of banking services. Petrokommerts Bank is one of the TOP-30 largest banks in the Russian Federation in terms of main financial indicators.

2006 — 2007

• obtaining the status of Authorized Bank of the Government of Moscow
• the beginning of acquiring bank cards MasterCard and Maestro of the international payment system MasterCard
• entering the international capital market

2004 — 2005

• The bank became part of one of the largest financial holdings in Russia - IFD Capital Group

inclusion in deposit insurance

2003

• The bank consolidates subsidiary banks in the Komi Republic (Komi Regional Bank Ukhtabank OJSC), the Stavropol Territory (Stavropromstroybank-OJSC), Ukraine (Bank Petrokommerts-Ukraine CJSC) and the Republic of Moldova (UNIBANK A.O.)
• placement of the first bond loan in the amount of 1 billion rubles. on the MICEX exchange
• credit rating by international agency Moody's Investors Service
• start issuing bank cards of the international payment system MasterCard Int.

2000 — 2002

• obtaining the status of an authorized bank of the State Customs Committee of the Russian Federation
• issuance of a settlement customs card for payment and customs duties by customers at customs points
• acquisition of stake in Komi OJSC regional bank Ukhtabank
• entering the TOP 30 largest banks in Russia in terms of assets, capital and profit
• entering the TOP 1000 largest banks in the world according to The Banker magazine
• credit rating by international agency Standard & Poor's
• joining the Russian Chamber of Commerce and Industry

1998 — 1999

• obtaining the status of a reference bank of LUKOIL Group - the beginning of reporting by international standards
• access to the main trading platforms of the Russian currency and stock markets

MICEX and RTS

1996 — 1997

• entering the plastic card market, creating a network of ATMs and its own processing center
• entering the money market by expanding the network of correspondent banks in Russia and abroad
• entry into Visa International's international payment system

1992 — 1995

• Establishment of Petrokommerts Bank (April 1992)
• General Banking Licence (September 1993) - Entry into major banking unions, organizations and associations