Ingosstrakh Bank (formerly Soyuz Bank)

Open Joint Stock Company JSCB SOYUZ is a universal commercial bank. Bank SOYUZ is included in the register of banks participating in the system of compulsory insurance of deposits of individuals.

History

2022: Name change to Ingosstrakh Bank

At the end of December 2022, the ode became known about the renaming of Soyuz Bank, which is part of the Ingosstrakh group. The new name is Ingosstrakh Bank. The credit institution has already registered domains of bankingos.ru, bank-ingos.ru, ingobank.ru, ingosstrakhbank.ru and others.

Soyuz Bank Branch in Krasnodar

According to Interfax, Ingosstrakh Bank is a universal bank, one of the 80 largest Russian credit institutions in terms of capital. By the end of December 2022, it operates in six federal districts of Russia (the corporate segment dominates in Moscow and the Volga Federal District, while the geography of retail business is diversified). The main areas of its activity are lending to legal entities and individuals, factoring services, as well as transaction business (settlement and cash services, issuance of guarantees and sale of insurance products).

Bank Soyuz has repeatedly changed its names throughout its history. So, it was called "Alina-Moscow" and "Ingosstrakh-Soyuz." The credit institution received the name Soyuz after joining three banks: Avtogazbank, Sibregionbank and People's Savings Bank. United Bank.

The Ingosstrakh group wanted to create a financial ecosystem based on the insurance company of the same name. By the end of 2022, a separate site was created with all the products of the group, as well as services from partners. The group includes universal insurers, a life insurer, a broker and a management company, as well as a bank.

Yes, it was decided to rename Soyuz Bank to Ingosstrakh Bank. The bank will begin to use the new name after making appropriate changes to the Unified State Register of Legal Entities - approximately in February 2023. After that, we are ready to provide more detailed information, - commented on the press service of Ingosstrakh to Frank Media.

2014: Amount of assets 116 billion rubles

As of 01.10.2014, the authorized capital of the bank amounted to 5 billion rubles, the size of assets - 116.8 billion rubles, the amount of own funds - 14.96 billion rubles. The international rating agency Standard & Poor's assigned Soyuz Bank a rating on the international scale in foreign and national currencies - B, the forecast - "Stable," on the national scale - "ruA-." The regional network has 36 points of sale in the largest cities of Russia. The main areas of activity are retail, corporate, investment business, as well as work with wealthy private clients (Private banking).

Soyuz Bank is an authorized bank of AHML OJSC and AFZhS OJSC for financing housing construction and placing funds in deposits. It is an accredited bank with the Deposit Insurance Agency. Included in the Rosatom category of banks guarantors. Bank Soyuz is one of the partner banks of OJSC SME Bank and participates state in the financial support program for small and medium-sized businesses.

2012: Ingosstrakh buys out DIA package for 2.8 billion rubles. Sergey Tishchenko - Head of the Board

In November 2012, Ingosstrakh bought 50% plus one share of the bank from the DIA for 2.8 billion rubles during the auction, thereby bringing its stake in Soyuz to 99.99%. The management board of the credit institution was headed by Sergey Tishchenko, who from October 1998 to October 31, 2012 held senior positions in financial organizations, banking and insurance businesses, including Sovek OJSC, Mosbusinessbank, Moseximbank, RNKB, Liesingbusinessprom, MSK, Standard Reserve, Capital Insurance Group holding, Ingosstrakh-Life.

2010: 49.99 shares return to Ingosstrakh, 50% + 1 share - at the DIA

In March 2010, 49.99% of the shares returned to the previous owner - OSAO Ingosstrakh, 50% plus one share remained with the DIA.

In the rating "The most consumer banks" of Kommersant-Money magazine in 01.10.09, the Bank ranks 28th, in terms of net assets - 42nd. The authorized capital of the Bank for 01.05.2010 amounted to 5.0 billion rubles, the amount of assets - 107.5 billion rubles, the amount of own funds - 7.7 billion rubles. The Bank's regional network has 40 points of sale and covers the main industrial and cultural centers of Russia.

2009: The Bank's Management Board is headed by Andrey Khandruev

In 2009, the board of the credit institution was headed by Andrei Khandruev, a native of Greenfield Bank, the son of the famous banker and scientist Alexander Khandruev.

2008: DIA begins reorganization of the bank due to its crisis situation

In September 2008, the financial position of the credit institution deteriorated sharply due to the crisis in the repo market, where Soyuz was an active player, as well as significant investments in development projects. At the end of December 2008, a decision was made to reorganize the bank and an agreement was signed on its financial recovery between the Deposit Insurance Agency, Soyuz, Financiansurs holding (at that time - the main shareholder of the bank, 81% personally owned by Oleg Deripaska) and Gazfinan (one hundred percent subsidiary of Gazpromregiongaz, part of the Gazprom group ).

2003: Joining three banks and renaming to Soyuz Bank

The Basic Element decided to combine its minor banking assets on the basis of Ingosstrakh-Soyuz. At the end of 2003, the merger of Ingosstrakh-Soyuz with three other banks controlled by the Base Element was successfully completed - Avtogazbank (Nizhny Novgorod), Sibregionbank (Irkutsk) and the People's Savings Bank (Moscow). The united bank was named Soyuz.

2001: Billionaire Oleg Deripaska acquires Ingosstrakh with bank

In 2001, the Basic Element investment group of Russian billionaire Oleg Deripaska took control of Ingosstrakh together with its subsidiaries, becoming the bank's direct majority shareholder.

1999: Bank acquired by Ingosstrakh and renamed Ingosstrakh-Soyuz

In 1999, the bank was acquired by one of the leading Russian insurance companies - OSAO Ingosstrakh - and renamed Ingosstrakh-Soyuz.

1993: Alina-Moscow Bank Registered

The bank was registered in 1993 as Alina-Moscow and until 1999 remained a small financial institution.