Russian International Bank (RIB)

History

2017: Revocation of license, activity termination

The Bank of Russia made the decision on a response since September 4, 2017 of a license for banking operations at credit institution Russian International Bank Joint-stock company, says the regulator.

RMB takes the 137th place in a banking system of Russia.

The Central Bank reported that the business model of bank was focused on high risk crediting of borrowers, including the nonresidents related to final beneficiaries of credit institution. As a result the bank was incapable to fulfill obligations to creditors timely.

In addition, as notes the regulator, RMB did not observe the requirement of the legislation and regulations of the Bank of Russia in the field of counteraction of legalization (washing) of income gained in the criminal way and to terrorism financing.

As the management and owners of bank did not take effective measures on normalization of its activity, the Central Bank made the decision on an output of credit institution from the market of banking services and appointed temporary administration there.

2016

Bulad Subanov is appointed the chairman of the board

In August, 2016 Bulad Subanov is appointed the chairman of the board of "Russian of international bank". Before a duty of the chairman of the board of bank the vice chairman of the board Vasily Kirsanov temporarily performed.

The attack of hackers, stealing of funds from the account in the Central Bank

In March, 2016 the Group-IB company which is engaged in investigation of cybercrimes published the report from which it became known of plunder by hackers of nearly 2 billion rubles at the Russian banks.

The cybercriminal group under the name Buhtrap used the new virus sending false messages from names of the Central Bank or its representatives. With its help during the period from August, 2015 to February of the 2016th 13 cracking of banking systems, including Metallinvestbank and "Russian of international bank" were made.

Later, in May, 2016 it became known that hackers in January, 2016 stole 508.67 million rubles from the correspondent account of the Russian international bank in the Bank of Russia, the credit institution in the reporting under international standards for 2015 reported.

Money was charged off as a result of unauthorized access, and on this fact criminal case is opened, reported bank.

Part of the amount of 336 million rubles, it was succeeded to return, on remained 131.9 million work on return is conducted.

After this incident the Russian international bank introduced amendments in internal documents and enhanced information security, said in the reporting.

The bank supports and actively develops business relations with Banks of Moscow and regions of Russia, the USA, Austria, Germany, Switzerland, Ukraine and Kazakhstan. The correspondent network contains about 50 Russian and international banks in 5 countries of the world.

2011: A license for banking operations with precious metals

In May the Bank obtained a license for banking operations with precious metals No. 3123. In 2011 the Russian International Bank, according to market demands, expanded a line of Deposits.

It is developed and actively the service of opening and maintaining "The Depersonalized Metal Accounts (DMA) in gold, silver, platinum and palladium" works.

For the clients performing foreign economic activity, the bank started release of customs bank cards Green channel.

Federal, the service on intellectual property, patents and trademarks in October, 2011 registered changes in the trademark of Bank No. 177036.

In 2011 activity of the Russian International Bank was awarded numerous awards: On an awards ceremony of the National Business Award "Captains of the Russian Business" according to the results of the IX research of the market of recruitment of Moscow the Bank is awarded "With the honourable diploma in The Best Employer nomination.

At a ceremony of Media of the Bank Holding "Kommersant" got an award in the Debut of Year nomination. According to Company magazine and the Internet portal MAGAZAN.RU. Bank became the winner in The Most Respectable Department nomination.

According to the results of traditional annual Competitive poll of monetary dealers and specialists in the field of the interbank relations the employee of the bank, Elena Kolesnikova is the head of department of financial institutions and external loans, on count results, among 50 submitted questionnaires took the leading 5th place.

2010: Placement of the 3rd bond issue of bank

In 2010 "the Russian International Bank" actively expands a product row. The new product – "Investments with Protection of the Capital", allowing to place money with expected return becomes one of unique offers for clients.

To corporate clients of bank the new version of a system of remote banking "Is offered Client-Bank with the increased degree of protection provided with an authentication system of the client using the eToken PRO key.

In September, 2010 the 3rd release of ruble bonds of CB RMB Ltd is completely placed.

2009: The Internet bank for individuals is implemented

The bank celebrated the 15-year anniversary expansion of a range of products and services for corporate and private clients:

• the line of deposit products changed
• the Internet bank for individuals is implemented
• the list of services in bonus cards of bank increased: the GCAS service, the concierge service is connected
• the release of more reliable smart payment cards is begun
• the line of treasurer products – the products "Trust Management" and "General Funds of Bank Management" is expanded
• changes in a row of conditions of credit products are made.

On September 22, 2009 the Federal Financial Markets Service made the decision to grant to Bank the license of the Exchange intermediary making the commodity, futures and option transactions in exchange trade without restriction of validity period.

According to an information resource of Investfunds according to the results of the first half of the year 2009 the general fund of bank management (GFBM) "RMB are New investments" entered the five of the best in the Russian financial market.

At the end of 2009 the international agency Moody's confirmed score assigned earlier on long-term and short-term deposits in national and foreign currency at the level of, respectively, B3 and Not Prime and the rating of financial stability at the E+ level. The forecast for long-term deposit rating and RFU - "stable".

2008: Department of crediting of SMB

For development and diversification of business in Bank the Department of financing of small and medium business is created.

2007

Reorganization from Ltd company in closed joint stock company

The bank is reorganized from Limited liability company into Private company and on February 21 about CB RMB Ltd record in the Unified State Register of Legal Entities is made and License No. 3123 for banking operations with means in rubles and foreign currency of legal entities and physical persons is obtained (in connection with reorganization).

Listing of bonds of bank on MICEX

Bonds of Bank undergo listing on the leading marketplace of Russia – the MICEX Stock Exchange and join the exchange in the highest list of tradable securities - "And" the first level.

RBS BS-Client system implementation

Most of clients of Bank begin to use the system of Internet trading of QUIK. It is implemented and successfully the new advanced version of a system of remote banking of BS-Client v.3 including all range of the banking services provided to clients outside office of Bank works.

Registration of funds of bank management

2 general funds of bank management are registered: "RMB are Conservative Investments" and "RMB are Investments into the Future".

Membership in MasterCard Worldwide payment system

In 2007 the Bank becomes the affiliated member of MasterCard Worldwide payment system.

2006

The license of the exchange intermediary in the commodity futures and option transactions

The authorized capital of Bank is 1 billion 200 million rubles. The bank begins to cooperate with JSC National Bureau of Credit Histories. The bank obtains the License of the exchange intermediary making the commodity futures and option transactions in exchange trade No. 887 and in a replacement procedure Licenses MSFR of the professional participant of security market for implementation of broker, depository, dealer activity and the securities management are obtained.

Release of the first bond issue of 1 billion rub

In April the first Bond issue of Bank of the amount of 1 billion rubles is issued and placed.

The bank begins to cooperate with the International auditor according to the IFRS standards — the International auditing company Deloitte & Touche Ltd.

In November International the Moody's Investors Service agency assigns to Bank scores on long-term and short-term deposits in foreign and national currency at the level of, respectively, B3 and NP and the rating of financial stability at the level of E+. The forecast for all ratings for the international scale - "stable". At the same time Moody's Interfax Rating Agency assigns to Bank long-term credit rating on a national scale at the level of Baa2.ru.

Acquisition of new office in Moscow

The bank moves and becomes the owner of the new modern building on Prechistenka Street, 36, building 1. At the same time the office on Kutuzovsky Avenue continues the work as Additional office of Bank.

2005: the 4th place in Russia on growth of equity

The authorized capital of Bank is 590 million rubles. The bank shows rough dynamics of development that it is reflected in the rating of the Ekspert magazine according to which the Bank took the 4th place among leading banks on dynamics of growth of equity and the 8th place on dynamics of growth of assets in the first half of the year 2005. The financial status of Bank is characterized by high values of the capital adequacy ratio accepted in the international practice by one of key indicators of reliability of credit institutions. As of 11/1/05 this indicator is 13.8% (at the regulation recommended by the Basel accord, more than 8%).

In September, 2005 the Bank becomes the member of National Share Association.

In November the prospectus of the issue of own corporate bonds goes state registration to the Central Bank of the Russian Federation.

2004

Membership in the SWIFT system

The bank becomes the participant of the SWIFT system and is included in the register of participating banks on the system of compulsory deposit insurance at No. 356. The bank develops the new credit products considering features of a productive, construction and trading activity of the enterprise, implements service of trust management of the capital, the system of implementation of such products as insurance, consulting, leasing and audit is created.

Membership at the MICEX Stock Exchange

The bank begins to develop broker transactions in security market and in the end of the year becomes the member of the MICEX Stock Exchange.

Also in the end of the year for development of investment activities in Bank the Investment department is created.

2003

Licenses of FFMS of the professional participant of security market

The bank obtains Licenses of FFMS of the professional participant of security market for implementation of broker, depository, dealer activity and the securities management.

The 120th place on the value of assets

According to the Ekspert magazine (No. 46 of 12/8/03) the bank is included into 200 largest Banks of Russia on the value of assets and as of 10/1/2003 takes the 120th place. The evidence of efficiency of Bank in work with corporate clients is assignment to Bank of the 18th place on the volume of the attracted deposits of corporate clients (Profile, of 5/26/03).

2002: the 170th place in the Russian Federation on the value of assets

According to the Ekspert magazine (No. 34 of 9/16/02) the Bank is included into 200 largest Banks of Russia on the value of assets and takes the 170th place.

2001: Membership in VISA International payment system

The authorized capital of Bank is 300 million rubles. The bank becomes the member of an international payment system of VISA International.

2000: Bank one of leaders in dynamics of growth of assets

The authorized capital of Bank is 132 million rubles. According to the Ekspert magazine (No. 46 of 12/4/00) the Bank is included into number 30 of the largest Russian banks – leaders in dynamics of assets in 2000 and takes the tenth place on rates of development. In Bank the international dealing network Reuters Dealing is set.

1999: Membership in National Currency Association

The form of business of Bank is brought into accord with the Federal law "About Limited Liability Companies" No. 14-FZ of 2/8/98. By the solution of a general meeting of participants it is also defined as limited liability company. The authorized capital of Bank is 30 million rubles. On May 31 the Bank obtains the License for banking operations with means in rubles and foreign currency of legal entities and physical persons issued in a replacement procedure in connection with reduction of constituent documents of Bank according to the current legislation (became invalid 2/21/07 in connection with reorganization).

The bank becomes the member of National Currency Association.

1998: Membership in section of MICEX exchange market

In November, 1998 the Bank becomes the member of section of MICEX exchange market and participates in electronic lot trading of SELT.

1996: License for work with means of physical persons and legal entities

On November 19, 1996 the bank obtains a license for banking operations with means of legal entities and physical persons in foreign currency. During the period since June, 1996 the foreign correspondent network of Bank began to form, direct correspondence relations with the leading world Financial institutions of Europe and the USA were established.

1995: Membership in ARB

The bank becomes the member of the Association of Russian Banks and Moscow Banking Association.

1994: Creation of bank

Creation of Bank according to the solution of founders in the form of limited liability partnership with the authorized capital of 5 million rubles (an equivalent of 1 million US dollars). The bank is registered by Central Bank of Russian Federation No. 3123 and entered in the city register of the enterprises of Moscow (The certificate of the Moscow registration chamber No. 034.599).

Notes