Credit and Insurance Bank (KS Bank)

2021: License revocation

In August 2021, the Central Bank of Russia revoked the license from KS Bank. ACCSB KS BANK was a regional bank of the Republic of Mordovia and a participant in the economic and social development of the Republic of Mordovia.

Throughout all its years of operation, the bank has been a universal financial institution. The bank's divisions provided a range of banking services to legal entities, individual entrepreneurs and private clients.

2016:40 additional offices, 6 operating offices and 4 operating offices

The bank's regional network in 2016 consisted of 40 additional offices, 6 operating offices and 4 operating cash desks outside the cash center.

The network of structural divisions of the Bank covered Saransk, Penza, Samara region, as well as 11 districts of the Republic of Mordovia. The terminal network includes 99 terminals in the Republic of Mordovia and 1,500 terminals located in the territory of the Nizhny Novgorod, Ryazan, Volgograd regions, Chuvash Republic. The main areas of activity: lending to legal entities and individuals, attracting funds from individuals and legal entities in deposits, cash settlement services, issuing and servicing bank plastic cards, accepting public payments for utility and other services, operations with foreign currency, operations on the securities market.

2015

Participation in the Mir payment card launch pilot

On July 03, 2015, on the part of ACCSB KS BANK (PJSC), an agreement was signed with NSPK JSC on its intention to take part in the pilot project (the agreement was registered in NSPK JSC on July 14, 2015). ACCSB KS BANK (PJSC) became part of the first 28 participating banks of the pilot project to launch PS MIR cards and actually became the first regional bank to participate in this global project - the creation of the Russian payment system and the development of its infrastructure. Since February 2016, the Constitutional Court of the Bank began issuing and servicing cards of the national payment system MIR.

Agreement on the implementation of a system for processing a single social electronic card of a resident of Mordovia

KS BANK provides collection of more than 80% of payments from individuals for housing and communal services in Saransk. On May 22, 2015, KS BANK signed an Investment Agreement for the implementation of a system for processing a single social electronic card of a resident of the Republic of Mordovia, integrated with a transport application. The integrator of the decision to create a system for processing a single social electronic card of a resident of the Republic of Mordovia is OJSC DC Micron, with which the bank has signed a corresponding cooperation agreement.

1992: Foundation of the bank

The bank was founded on April 13, 1992.