Svyaznoy Bank

2023: Bank liquidation

On March 14, 2023, it became known about the liquidation of Svyaznoy Bank and the Russian Land Bank (RZB). The latter previously belonged to Elena Baturina, the wife of Moscow Mayor Yuri Luzhkov. The fact that these credit organizations were liquidated by the Central Bank of the Russian Federation was reported by the publication "Банки.ру." Read more here.

2015

License Revocation

The Bank of Russia informed about the revocation from November 24, 2015 of the banking license from the credit institution Svyaznoy Bank JSC.

Closing all branches

By February 15, 2015, Svyaznoy Bank will close all branches. The credit institution explained that this measure is being implemented as part of "measures to improve business efficiency." The relevant information is contained in the bank's message.

will stop spending money on renting premises, staff working in offices, supporting business processes that accompany the work of branches. Perhaps this should have been done even earlier, "said Yevgeny Davydovich, chairman of the bank's board

The message of the credit institution says that the services can be used in the Svyaznoy mobile communication centers (card processing, replenishment of accounts, repayment of loans, re-issue of cards) or through the system remote banking service iQBank (opening deposits and other transactions with accounts).

"The issuance of certificates of account status, bank statements and other documents will be carried out by sending them by mail and in electronic form to the details specified by customers after their order at the Customer Support Center," the bank said.

2014: The parent structure of the bank comes under the control of Onexim. The bank remains with Nogotkov

On November 12, 2014, the Onexim group of Mikhail Prokhorov and the non-state pension fund Blagosostoyanie received 90% of the Svyaznoy group of companies (GC ). On November 10, one of the companies included in the Onexim group sent a notice of default on the debt to the main owner of the Group of Companies Maxim Nogotkov, the pledge of which is a controlling stake in the holding company of the group. At the same time, Svyaznoy Bank, which is part of the group of companies, remained with Nogotkov.

At this time, the bank specializes in lending to individuals and attracting deposits from the population. Net profit as of October 1, 2014 amounted to 365.4 million rubles. Russians hold 43.2 billion rubles on deposits in Svyaznoy. The bank is part of the deposit insurance system.

2013: Failed association with Renaissance Credit Bank

In 2013, it was reported that Svyaznoy Bank and Onexim Group would combine assets. It was assumed that on the part of Svyaznoy it will include Svyaznoy Bank and a network of communication salons, and on the part of ONEXIM - the insurance company Soglasie and Renaissance Credit Bank and a major player will appear on the financial market. But later it became known that the deal fell through. The reason for the pause in negotiations on the creation of the holding was the dissatisfaction with the current state of one of the assets controlled by Mikhail Prokhorov ONEXIM - Svyaznoy Bank^[1].

2010: Promtorgbank renamed Svyaznoy Bank

In 2010, Promtorgbank entered into a strategic partnership with the Svyaznoy group of companies. At this time, the bank is one of the hundred largest and most reliable commercial banks in Russia. It has its branches in St. Petersburg, Yekaterinburg, Kemerovo and the Moscow region. The bank maintains correspondent relations with large Western banks and banks of the countries of the former USSR.

On October 1, 2010, Promtorgbank officially changed its name to Svyaznoy Bank.

Combining the capabilities of one of the largest retail chains in the country and a reliable bank allowed Svyaznoy Bank to offer its clients a developed infrastructure and one of the widest service networks in the country, simple and convenient products and services and modern remote banking channels. The activities of Svyaznoy Bank (CJSC) are carried out in accordance with the General License of the Bank of Russia No. 1961 of 01.04.2003.

1992: Promtorgbank established

In 1992, a group of Russian companies created AK Promtorgbank (CJSC) to serve corporate clients - industrial, communications, transport and trade enterprises.

Notes