Eurosib Bank

History

2014

By an order of July 7, 2014, the Bank of Russia revoked its banking license from three banks: IstCom-Finance, Fininvest and Eurosib. This was reported on the website of the Central Bank of the Russian Federation. Eurosib Bank pursued a high-risk credit policy and did not create reserves adequate to accepted risks for possible losses on loan debt. In addition, the organization did not comply with the requirements of the legislation in the field of combating the legalization (laundering) of proceeds of crime.

2013

In April 2013, the bank changed its name (renamed Eurosib Bank).

2012

• Total assets in 2012 (IFRS) - 479,617 thousand rubles.
• In December 2012, deputy of the Pskov Regional Assembly, chairman of the board of directors Igor Savitsky sold his stake in the bank in the amount of 89.84% to new shareholders.

2011

Total assets in 2011 (IFRS) - 464,243 thousand rubles.

2005

In February 2005, the bank became part of the Deposit Insurance System.

1990-1996

The bank was registered in October 1990 as Pskovbank LLP. Incorporated in 1996.

Founders: Executive Committee of the City Council of People's Deputies, Slavyanka Clothing Factory, Pskov Association of Sanatorium and Resort Institutions of Trade Unions, Pskov Regional Committee of the Trade Union of Cooperators, Pskov Regional Council of Trade Unions, Pskovagropromproekt Institute, Rental Trust No. 44 and Pskov Regional Council for Tourism and Exc.

The basis of the client base was local city enterprises and public organizations, including those associated with the administration of the city of Pskov.