Truth NPO

The main activity is monetary mediation.

History

2024: Neolombard bought the True company from Roscosmos

In September 2024, it became known about Neolombard's decision to buy the Roskosmos non-bank credit organization Truth from. As he writes Kommersant with reference to the documents on the transaction, an appropriate agreement was reached between Finkosmos JSC (part of Roskosmos"") and the main shareholder "Neolombarda" Ivan Dirkov.

The Neolombard network as of September 2024 has 26 own branches and more than 120, including partners. According to this indicator, the company is in the Top 10 in the pawnshop market. In general, the Neo group combines a jewelry house with its own production and a gemology laboratory, a certified watch service center authorized by the largest Swiss brands. In turn, NPO "Truth" was created in order to carry out settlement services for legal entities.

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Фото: Freepik

Neolombard says that "the development strategy provides for the integration of the banking business following the needs of customers in the services of currency exchange, money transfers, purchase/sale of investment coins and bullion made of precious metals." The deal, according to experts, will become a precedent in the market of not only pawnshops, but also other credit financial institutions. In particular, Neolombard will be able to obtain the right to provide clients with such services as currency exchange, money transfers, purchase/sale of investment coins and bullion made of precious metals and digital transactions with electronic wallets and CFA. At the same time, Neolombard intends to develop, first of all, cross-border transfers.

As of mid-September 2024, the value of the transaction was not officially disclosed. According to the estimates of Anastasia Vladimirova, managing partner of IPM Consulting, we can talk about 100-150 million rubles. Dmitry Kurbatsky, managing partner of the Dmitry Donskoy financial group, believes that it will be logical to further transform the RNKO into a bank after its capitalization.^[1]

Notes