IS Bank (Industrial Savings Bank)

Joint-Stock Company Commercial Bank Industrial Savings Bank. Registered in 1994.

JSC KB IS Bank is a universal financial and credit institution. It serves individual and corporate clients of various forms of ownership and activities.

The Bank provides legal entities and private entrepreneurs with a number of banking products and services:

• settlement and cash service,
• documentary transactions,
• transactions with different types of securities
• others.

The Bank offers the following transactions:

• remittances,
• rental of individual bank safes,
• exchange of cash currency
• others.

About the bank

JSC KB Industrial Savings Bank is a small bank in the capital of the Russian Federation. The main areas of activity are servicing and lending to small and medium-sized corporate clients^[1].

The main source of funding is funds from enterprises and organizations (49%). Beneficiaries of the bank are a group of individuals. The bank is not a member of the system of compulsory insurance of deposits of individuals.

The main beneficiaries of the bank:

• Igor Goldberg (17.00%),
• Rustam Khairulin (16.89%),
• Sergey Dolyan (16.45%),
• Natalya Krol (16.33%),
• Dmitry Pozdnyakov (16.23%),
• Mikhail Zhitlenok (9.80%),
• JSC KB IS Bank (7.30%).

History

2022: Britain imposes sanctions on the bank

On February 22, 2022, after Russia recognized the independence of the DPR and LPR, Britain imposed sanctions against the Black Sea Development and Reconstruction Bank, Promsvyazbank, Industrial Savings Bank and Genbank.

2015

Since August 10, 2015, the name of the Bank is Joint Stock Company Commercial Bank Industrial Savings Bank. The banking license was replaced due to a change in the name of individual banking operations.

1994: Establishment of a bank

The closed joint-stock company Commercial Bank Industrial Savings Bank was registered by the Central Bank of the Russian Federation on December 5, 1994.

Notes