Isbank

Isbank CJSC is a small Moscow bank. The key areas of activity are lending and servicing accounts of corporate clients, as well as work with individuals and foreign exchange transactions.

Head Bank

2022: Record profits amid inflation crisis

In 2022, Turkish banks were among the largest winners who emerged from the worst inflation crisis under President Recep Tayyip Erdogan and received record high profits.

Business in Russia

2021: Cell Theft Case

In February 2021, it became known that two large robberies of bank cells were committed in Moscow - this time at Alef-Bank. Stolen currency and jewelry for almost 32 million rubles, including a gold watch for $3 thousand. Jewelry worth 23 million rubles in Ishbank near Gazprom's office also disappeared .

Earlier, the robbers visited the Northern People's Bank, RMP, Agora.

2020: Closing offices in Kazan and St. Petersburg

In November 2020, it became known that Turkish Ishbank closes its points in Russian cities - it refuses offices in Kazan (December 25, 2020) and St. Petersburg (January 22, 2021). The bank only has an office in Moscow.

2019: Cooperation with Yandex.Cash in the field of payment for online purchases

On May 30, 2019, Yandex announced that millions of Russians will be able to pay for purchases in rubles on tourist online sites in Turkey. This became possible thanks to the cooperation of Yandex.Cash and the Turkish bank Isbank. In Turkey, in May 2019, more than 10,000 Internet sites work with him. As part of this cooperation, Isbank will connect partner companies to accept payments through Yandex.Cash. Read more here.

2011: Bank sold to Turks and renamed "Ishbank"

In September 2011, the name "Sofia" changed to "Ishbank."

In 2011, acquired by Turkish Turkiye Is Bankasi. The main goal of this transaction, worth $40 million, the new owners called the service in Russia of Turkish companies ― customers Turkiye Is Bankasi.

2010: Start of negotiations on the sale of the bank to the Turks

In the spring of 2010, Turkish bank Turkiye Is Bankasi Anonim Sirketi and the management of Sofia JSCB began negotiations on the sale of a Russian credit institution, the results of which more than a year later were the acquisition of a 100% stake in the bank.

1994-1998

Created in June 1994 under the name "Sofia," corporatized at the end of 1998. The main shareholders were Balakovorezinotechnika OJSC (a manufacturer of rubber and plastic products, vibration and noise insulation materials for the automotive industry) and the Swiss financial company Credit du Rhone S. A. A little later, Nikolai Shutov, chairman of the board of directors of Balakovorezinotechnika, became the majority shareholder of the credit institution.