Trade Finance Bank

The main activity of the bank is trade financing: the range of services for foreign economic activity of clients, Russian and foreign companies: export and pre-export financing, import lending, documentary operations. The Bank provided financial services in the field of corporate banking and develops the retail business.

Since September 28, 2018, the Bank of Russia has revoked the banking license from the Moscow Trade Finance Bank. This was reported in the press service of the Central Bank. According to the reporting data , in terms of assets as of September 1, 2018, the credit institution ranked 292 in the banking system of the Russian Federation.

"The business model of JSC KB " BTF " was largely focused on serving the interests of its shareholders and related persons. The loan debt of companies directly or indirectly related to the ultimate beneficiaries of the credit institution amounted to about 45% of the loan portfolio, "the Central Bank noted

Lending to these borrowers led to the formation on the bank's balance sheet of a significant amount of non-performing assets, including real estate, recorded at inflated value. In addition, the bank systematically carried out transactions that were not transparent to the supervisory authority, aimed at concealing the real volume of credit risks taken and ensuring formal compliance with prudential standards of activity.

Over the past 12 months, the Bank of Russia has introduced supervisory measures against BTF six times and eventually decided to revoke its license.

History

2026: Ex-head of the Bank Svetlana Shemanskaya was sentenced to 4.5 years in prison for embezzlement of 217 million rubles

On March 10, 2026, the Tverskoy Court of Moscow sentenced Svetlana Shemanskaya, former chairman of the board of the Bank for Trade Finance (BTF). She received 4.5 years in prison as part of a large-scale embezzlement case (part 4 of article 160 of the Criminal Code of the Russian Federation). Read more here.