Investtorgbank

AKB Investorgbank (OJSC) was established in March 1994. The Investment Trading Bank is a universal commercial bank, whose clients are enterprises and organizations of various forms of ownership, representing a wide range of sectors of the economy.

2021

US investment fund sues Deloitte for collusion with bank co-owner

In November 2021, the court Moscow registered the lawsuit of the American investment fund Starr Russia Investments III BV (Starr Foundation) against the audience. Deloitte The amount of claims is more than 8 billion. rubles The fund blames the company for collusion with the client - with the bank's co-owner Vladimir Gudkov. The auditor, as an intermediary in the negotiations, convinced Starr Russia Investments III B. V to invest in the bank, assuring its reliability.

In the summer of 2008, the investment fund became the owner of a 19.99% stake in Investorgbank. Deloitte became the bank's auditor after the former KPMG auditor in a 2012 opinion pointed to the bank's high-risk policy.

The court sentenced in absentia the ex-board of the bank Vladimir Gudkov to seven years

In July 2021, the court sentenced Vladimir Gudkov, the former board of Investorgbank, in absentia to seven years in prison and a fine of 800 thousand rubles..

Gudkov has been on the international wanted list since 2017, in 2018 he was detained by the Monaco police. In Russia, he was found guilty of embezzlement of more than 7 billion rubles. from Investorgbank, the reorganization of which the Central Bank announced in September 2015.

Gudkov was the organizer of a criminal scheme, which included issuing loans to fictitious borrowers. Gudkov "together with accomplices" shortly before the reorganization withdrew 3.6 billion rubles. The bank transferred this money to the accounts of counterparties  - MGIS, IK Capital, TD Finance and IK Venets. However, instead of liquid securities, the buyer received garbage securities issued by a certain Imperial-Torg. More details here.

2019: Three employees sentenced to five years in prison

 Tatyana Zotin, the former head of the bank's mortgage lending development department, Olga Zubkova, director of the credit operations department , and Elena Lukyanova, a freelance employee of Investorgbank, were sentenced to five years in prison in 2019.

2015: The Central Bank introduced a temporary administration at Investorgbank

The deposit insurance agency will serve as the interim administration of Investorgbank and Vokbank's ITB Holding, the regulator said in a press release on August 27, 2015.^[1]

"The introduction of the interim DIA administration is aimed at obtaining operational control over the bank's activities. This measure will ensure the protection of the interests of depositors and creditors of the bank, "the Central Bank said in a statement. The interim administration will check the financial situation of the bank, according to the results of which proposals for its further activities will be developed.

On August 23, Moody's rating agency lowered the long-term ratings of Investorgbank's deposits to Caa3 pre-deposit level with a negative outlook due to a deterioration in bank liquidity and reserves due to a loss in the first half of the year (2.3 billion rubles). The bank's liquidity reserve decreased sharply - to 7% of the total assets as of August 1 from 12% as of July 1, Moody's said in a release. In August, depositors of the bank in the Ivanovo region immediately seized more than 2 billion rubles. The bank's current liquidity may not be enough to withstand further stress, given the volatility of deposit financing, Moody's analysts wrote.

According to Interfax ranking, according to the results of the first half of the year, ITB took 56th place (123.26 billion rubles) in assets and 72nd place (9.9 billion rubles) in terms of equity. As of August 1, according to the Central Bank, the amount of funds of individuals placed in the bank amounted to 58.8 billion rubles. Five individuals and three companies are shareholders of the bank.

2014

The bank's capital as of May 1, 2014 is 16,615,365 thousand rubles, the balance sheet currency is 210 728 910 thousand rubles.

Long-term credit rating "B +" (agency Standard & Poor's). The bank ranks 50th in terms of assets in the ranking of the largest banks in Russia (February 2014, Profile magazine). The bank is included in the list of the Central Bank of 76 banks, under the guarantee of which the Bank of Russia issues loans. The Bank is included in the list of the Government of the Russian Federation of 51 banks to open accounts to secure applications for public procurement from January 1, 2014. According to Банкир.ру, the bank ranks 34th in the rating of Russian banks for ruble loans to enterprises (as of May 1, 2014). The bank ranks 10th in the ranking of the largest banks in terms of the SME loan portfolio as of January 1, 2014 (Expert RA). According to Rusipoteka, ITB Bank ranks 24th in the ranking of leading mortgage Russian banks in 2013.

2010

The bank's capital as of August 1, 2010 is 10,433,141 thousand rubles, the balance sheet currency is 87,598,983 thousand rubles.

In August 2010, Moody's left the Bank's ratings at the existing level, as well as forecasts for them: the financial sustainability rating (RFC) - at the level of E +; long-term and short-term ratings on deposits in national and foreign currencies - at the level of B2 and NP (Not-Prime), respectively; long-term credit rating on the national scale - at the level of "A3.ru"; the forecast for all ratings is "stable."

2009

In July 2009, the National Rating Agency assigned the individual creditworthiness rating of Kazakhtorgbank (OJSC) at the level of "A +" (high creditworthiness, first level). In August 2010, the National Rating Agency confirmed Investorgbank's individual creditworthiness rating at A +. The forecast is "positive."

2008

In July 2008, Moody's changed its rating on long-term deposits in local and foreign currencies from stable to positive. Moody's confirmed the financial sustainability rating (BFSR) of Investorgbank E + and Not Prime short - term deposit rating. At the same time, Moody's upgraded the national rating of Investorgbank (NSR) from Baa1.ru to A3.ru.

2004: Moody's Interfax Rating Agency

Since 2004, the Bank has been rated by the international rating agency Moody's Interfax Rating Agency.

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