St. Petersburg Industrial Joint Stock Bank SIAB SIAB

History

2024: Appointment to the post of CEO of Alexei Mityugov

At the end of November 2024, Alexey Mityugov was appointed the new chairman of the board of Finstar Bank. He replaced Gennady Salych, who led the credit institution since August 2023. Read more here

2023: SIAB Bank changes name to Finstar Bank

In December 2023, SIAB Bank changed its name to Finstar Bank.

2021

Opening of an additional office in Barnaul

On October 28, 2021, a full-length additional office of SIAB bank, Altai, was opened in Barnaul. The department will be able to serve both individuals and corporate clients.

Customers will have access to the entire list of standard banking products and services that are presented at the bank's existing offices in St. Petersburg.

Our plans include the active development of the product line and services with an emphasis on the retail direction through the use of advanced technologies, including the development of remote banking services, "said Nikulina Svetlana, Director of the Strategic Development and Marketing Department of SIAB Bank. - At the same time, despite the active digitalization and the transfer of many processes online, we understand that while offices are needed, especially if we are talking about entering other regions, so we plan to systematically open offices in other cities.

Client's statement about theft of 13 million rubles from the cell

A resident of St. Petersburg in July 2021 announced the theft from a bank vault from Siab Bank. Before leaving, he planned to leave jewelry in the safe. But the cell greeted him with emptiness. There are no injuries on the lock, 100 thousand euros and $70 thousand disappeared from the safe, if in rubles, then more than 13 million. "In the safe, money that was collected to buy a house. Part is the savings of the wife's mother, which she saved for a black day, "the bank's client explained.

Acquisition of 99.56% of the bank by businessman Oleg Boyko

On April 14, 2021, it became known that the chairman of the board of directors of the investment holding Finstar Financial Group - businessman Oleg Boyko - acquired 99.56% of St. Petersburg bank Siab (brand - SIAB). According to a company representative, the documents were signed on April 14, 2021, the amount of the transaction was not disclosed.

The founder of the Finstar investment holding Oleg Boyko acquired the St. Petersburg bank Siab
Photo source: abnews.ru

According to, earlier to data CENTRAL BANK 70.66% of the bank was controlled by Eduard Taubin, 9.88% - Andrei Alekseev, 8.72% each - Dmitry Kuzminov and. Galina Vanchikova As of March 1, 2021, equity bank amounted to 792 million rubles.

Finstar clarified that with the help of the bank, the company plans to develop four business segments: lending to individuals (lending in sales places, including online stores, car loans) and small and medium-sized businesses; marketplace with emphasis on youth without credit history; a platform on which investors can invest in loan portfolios.

Approximately 2.5 billion people experience problems with banking or are excluded from this sector in principle. In the digital age, when the speed of service delivery, as well as the convenience and security of its use, become one of the decisive factors, it is necessary to invest in the development of the spheres of payment systems, data processing, credit risks and online marketing. passed through Boyko's press service.

According to him, in the next three years Finstar plans to invest about $50 million in this project, as well as attract money from external investors.

With the technology base created at Finstar, we will be able to offer our customers - individuals, as well as small and medium-sized businesses - advanced banking technologies that meet the needs of the market, passed through the press service Chairman of the Board of the Bank Galina[1]."

2020: Connecting to Sendy

On January 31, 2020, PJSC BANK SIAB (Bank SIAB) became a member of the Sendy Payment System. This was announced on February 4, 2020 by Sendy.

Of particular interest to the Bank's partners are the payment services the Chinese of giants WeChat Pay and, Alipay which account for more than 94% of non-cash payments. Historical and China cultural is St. Petersburg traditionally considered an iconic place for Chinese tourists to visit. This means that Chinese tourists will receive the usual payment method, and the Bank will receive additional customers. We strive to make the business as simple and comfortable as possible for everyone, emphasized Olga Yarygin, General Director of the company "Digital Payment"

With the development of technologies, the market for payment instruments is rapidly changing, and, among other things, various mobile solutions appear. The appearance on the Russian market of the Sendy Payment System, which develops a system of mobile payment services, testifies to the importance and timeliness of providing customers with current and convenient ways to make payments. Now SIAB Bank clients have such an opportunity in terms of acquiring services, comments Galina Fadeevna Vanchikova, President-Chairman of the Management Board of SIAB Bank

2014

In 2014, SIAB carried out its activities in three main areas: retail business, corporate business, investment and financial business.

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