ExpoBank

About the Company

Expobank - issuer of cards of payment systems VISA and MasterCard - is one of the leaders of the Russian acquiring business. For the successful development of this area in December 2007, the Bank was awarded the National Prize "Company of the Year." The Bank is one of the five most dynamically developing banks in Russia from 2003 to 2007 (according to RBC rating), in the top ten Russian banks operating with gold.

Illustration: ekspobank.blizko.ru

The Bank's 1,500 employees serve approximately 400,000 clients and partners in more than 20 branches and offices in Russian cities. The Bank's clients have access to a wide network of multifunctional ATMs consisting of 400 devices.

Activity

Expobank LLC shall:

• banknote transactions;

• interbank lending;

• conversion operations;

• securities transactions;

• REPO operations.

Performance indicators

2024: Double net profit growth to $ ₽22,8 billion

In mid-April 2025, Expobank announced a double increase in net profit under International Financial Reporting Standards (IFRS) for 2024, which reached ₽22,8 billion. The bank's equity grew by 51% and amounted to ₽60,5 billion.

According to the press service of Expobank, the assets of the financial institution increased to ₽272,8 billion, which is 42% more than in 2023. The growth of assets was mainly due to an increase in the volume of lending to customers. The bank's ROE in the reporting period was 44.5%.

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Фото: Freepik

The Chairman of the Board of Expobank JSC Kirill Nifontov noted that the bank has been consistently showing profit since 2011 and continues to grow due to an increase in the client base, improving the quality of service and transactions. M&A Due to the high indicators of capital adequacy and business profitability, in 2024 the rating agency "" RA Expert raised the rating of Expobank to ruA +.

The past year was the anniversary for the financial organization - Expobank turned 30 years old. During this period, the bank entered the top 30 banks in Russia in terms of capital and in the top 40 in terms of assets.

The increase in Expobank's rating to ruA + by the Expert RA rating agency is due to high indicators of capital adequacy and business profitability, as well as adequate assessments of asset quality and liquid position.

One of the key events of 2024 for Expobank was the merger of Kvoya Bank LLC (formerly HEC Bank LLC (RR)). The integration of this financial institution made it possible to increase the capital base and expand the ability to fund the segment of large customers.

In the reporting year 2024, Expobank also moved its central office to a new building - a modern space on Kosmodamianskaya embankment in Moscow. In addition, a new modern back office was opened in Akademgorodok - an integrated scientific and technological park in Novosibirsk.^[1]

2024

Alfa-Bank bought a business center in the center of Moscow from Expobank for billions of rubles

On November 14, 2024, it became known that Alfa-Bank acquired a business center with a total area of ​ ​ 7.8 thousand square meters. m on Kalanchevskaya street, 29, in the center of Moscow. The deal, which cost ₽2,2 billion, became part of the bank's strategy to expand its own office complex in the area of ​ ​ the Three Stations Square.

According to Kommersant, the seller of the building was Expobank, who had previously transferred the head office employees to a new business center on Kosmodamianskaya embankment. The consultant for the deal was CORE.XP.

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Фото: Yandex panorama

Expobank's former office on Kalanchevskaya Street was put up for sale at a discount. As explained by the head of the office real estate department of IBC Real Estate Ekaterina Belova, the object was exhibited at a favorable price for the buyer, which accelerated the process of concluding a transaction.

Alfa-Bank is actively acquiring office space in the area of ​ ​ Three Railway Stations Square. At the end of October 2024, the bank bought out the former headquarters of Rosbank with an area of ​ ​ 50 thousand square meters. m on Masha Poryvaeva Street, 34. The new asset on Kalanchevskaya Street will be integrated into a single office complex, which will become an expanded headquarters for bank employees.

According to IBC Real Estate, in January-October 2024, the volume of transactions with office real estate in Moscow reached a record 694 thousand square meters. m, which is 55% more than in the entire 2023. The banking sector took a leading position in the segment: its share amounted to 26% of the total volume of transactions.

Remain CEO Dmitry Klapsha noted that the purchase of offices gives companies full control over the operation and disposal of space, which is especially important for long-term strategies. However, he added that this approach could reduce the flexibility of the business, especially in the face of sharp growth or contraction of the company.^[2]

Closing the transaction on the acquisition of the Russian subsidiary HSBC

On May 29, 2024, Expobank announced the closure of the acquisition of the Russian subsidiary HSBC. Acquisition of 100% stake in LLC HEC Bank (RR) from HSBC Europe B.V. was approved by the President of the Russian Federation in accordance with Decree No. 520 and the Central Bank of the Russian Federation. Read more here.

2023: Sale of Serbian daughter to Montenegrin bank

The structures of Russian businessman Igor Kim sold his last asset in Europe, Expobank A.D. Belgrade in Serbia, to Montenegrin bank Adriatic Bank A.D. Podgorica. This was announced on April 14, 2023 by the law firm Schoenher, which acted as a consultant to the transaction. It clarified that the financial consultant of the transaction was the Belgrade branch of KPMG. Read more here.

2022

Providing a credit line for CarMoney

Fintech service CarMoney on November 17, 2022 announced that it had raised 300 million rubles to finance current activities. The credit line was opened at Expobank JSC for a period of 24 months, until November 2024, in order to implement a strategy aimed at increasing capitalization and increasing market share. Read more here.

HSBC sold its Russian "daughter" Expobank

In early July 2022, it became known Russian about the sale of the business HSBC to Expobank, which belongs to a Russian entrepreneur. Igor Kim Financial the terms of the agreement are not disclosed. More. here

2021

Sale of Czech bank

On March 10, 2022, it became known about the sale of the Czech Expobank CZ to a consortium of investors, which included the private Latvian bank Signet and a group of American investors. Financial and other terms of the transaction were not disclosed. To close it, you need permission from the National Bank of the Czech Republic. As soon as it is received, the Czech bank will not have Russian shareholders, said Expobank CZ spokesman Jakub Švestka. Read more here.

Fraudsters exchanged jokes bank tickets for almost 13 million rubles in the Expobank terminal

In December 2021, it became known that in Moscow, fraudsters exchanged joke bank tickets in the Expobank terminal for almost 13 million rubles, but managed to cash out less than half - 5.5 million. The "eaten-up" counterfeit ATM was checked a few days before the incident.

According to the Expobank security service, savings and outdated equipment are to blame.

Memorandum on the purchase of Uzbek Poytakht Bank

In September 2021, the Agency for State Assets Management of Uzbekistan signed a memorandum with the Russian Expobank on the privatization of Poitakht Bank.

The document was signed as part of the economic forum in Tashkent.

Since the founding of 100% of the authorized capital of Poitakht Bank belonged to the state in the person of the khokimiyat of Tashkent.

In May 2021, AUGA announced the acceptance of applications for the privatization of the bank.

Notes