UralTransBank

2025: Ownership of Visa shares

On February 3, 2025, it became known that the deposit insurance agency discovered Visa shares from three liquidated Russian banks. The International Industrial Bank, Uraltransbank and Stroycredit own 26.37 thousand shares of class C of the American payment system. After conversion, these shares will amount to 105.5 thousand shares of class A, which are traded on the New York Stock Exchange. Read more here.

2021: Bringing Kirill Zavodov to subsidiary liability in the framework of the bank's bankruptcy case

The court of the Sverdlovsk region agreed to bring the son of the ex-head of Uraltransbank Valery Zavodov - Kirill Zavodov to subsidiary liability in the framework of the bank's bankruptcy case. Kirill Zavodov accepted all the hereditary property of his father Valery Zavodov (died in London in 2019). Earlier, the court seized property inherited by Kirill Zavodov - apartments and non-residential buildings, land plots in the Urals, as well as a Mercedes-Benz E420 car. The arrest was also imposed on the funds and property of former top managers of the bank Andrei Spitsin and Elena Kozlovskaya as part of the issue of bringing them to subsidiary liability for 2.3 billion rubles.

2019: Criminal case against Valery Zavodov

In July 2019, the Main Directorate of the Ministry of Internal Affairs of Russia for the Sverdlovsk Region opened a criminal case against the ex-owner and CEO of Uraltransbank Valery Zavodov under the article of the Criminal Code of the Russian Federation "Abuse of authority."

The application was submitted by the provisional administration of Uraltransbank, which was appointed to the bank after the license was revoked.

Another application was submitted to the DIA in it reports on the facts of "an attempt to steal bank funds by providing deliberately inaccurate information." Such violations are qualified under the article "Fraud."

The bank revealed "facts of issuing technical loans and abuse of authority in order to extract benefits and advantages for enterprises associated with the bank's management." Now a preliminary investigation is underway in the case, its term has been extended until July 15.

Earlier, the Bank of Russia announced a possible withdrawal from Uraltransbank by the owners of about 1.4 billion rubles, and a shortage of property worth 2 billion rubles was also revealed.

2018: License Revocation

Since October 25, 2018, the Bank of Russia has revoked the banking license from two banks: SOYUZNY and Uraltransbank. This was reported in the press service of the Central Bank. According to the reporting data  , SOYUZNY Bank ranked 239th in terms of assets per 01.10.2018 in the banking system of the Russian Federation, while Uraltransbank ranked 196th.

The decision of the Bank of Russia on Uraltransbank was made in connection with the credit institution's failure to comply with federal laws governing banking activities, as well as Bank of Russia regulations, the value of all ratios of adequacy of own funds (capital) below two percent, a decrease in the amount of equity (capital) below the minimum value of the authorized capital established at the date of state registration of the credit institution, taking into account the repeated application within one year of measures provided for by the Federal Law "On the Central Bank of the Russian Federation (Bank of Russia)."

 In accordance with Order of the Bank of Russia  No. OD-2786 of 25.10.2018 , PJSC Uraltransbank appointed a temporary administration until the appointment   of a bankruptcy trustee in accordance with the Federal Law "On Insolvency (Bankruptcy)" or  appointment of a   liquidator in accordance with Article 23.1 of the Federal Law "Obankah and Banking Activities." The powers of the executive bodies of the credit institution in accordance with federal laws have been suspended.