Interregional Industrial and Construction Bank (OJSC KB IPSB)

History

2021

Former bank shareholder Alexei Merkushkin detained

In May 2021, Alexey Merkushkin, a former shareholder of the Interregional Industrial and Construction Bank (IPSB), former vice-governor of Mordovia and son of the ex-head of Mordovia and ex-head of the Samara region Nikolai Merkushkin, was detained at Sheremetyevo Airport. Alexey Merkushkin was arrested for two months.

The official reason: for giving a bribe of 7 million rubles to the head of the Central Bank branch in Mordovia, Alexander Trenkin, for withdrawing the order following the results of an inspection of the bank, which could cause the revocation of the license. According to investigators, in 2015, a bribe was given to Trenkin by Vyacheslav Brykov (top manager of the IPSB, deputy of the Legislative Assembly of Mordovia), Alexei Grishin (shareholder of the IPSB, ex-Minister of Construction of the Samara Region) and Alexey Merkushkin.

The bribe was issued in the form of a sale of a stake at their real price of 40 thousand rubles.

Ex-chairman of the IPSB Tatyana Grishina is suspected of embezzlement of 216 million rubles

Ex-chairman of the IPSB Tatyana Grishina and a group of "unidentified persons" are suspected of embezzlement of 216 million rubles allocated from the budget for the construction of the Mordovexpocenter.

2019: Joining Asset Bank

In the spring of 2019, Asset Bank (Mordovia) began the procedure for joining the IPSB bank. In both banks, among the owners were the elder brother of the former head of the Republic of Mordovia and the ex-governor of the Samara region Nikolai Merkushkin - Alexander. Ex-owners of IPSB received shares in the combined bank. Vyacheslav Brykov became the owner of 9.891% of the shares, but as of May 2021 his share is 3.672%.

Expert RA said that Asset Bank added super-toxic IPSB to it: in 2018, he noted the negative outlook of the IPSB, in 2019 the IPSB rating was withdrawn, in 2020 the rating of the Bank's Asset was lowered to ruB+ due to a decrease in capital adequacy, in 2021 the rating of the Bank's Asset was again reduced to ruB and changed to negative due to a decrease in the loss absorption buffer for the year, loss-making activities and a significant increase in reserves.

2017

IPSB assets were at risk of litigation. In 2017, the IPSB intended to sell Mordovia a property complex of 7 objects in the village. Yalga for 271 million rubles. The independent assessor said that the price was overpriced, but despite this, the company owned by Mordovia JSC Shumbrat acquired 3 of 7 objects for 161 million rubles (real price 95.2 million rubles), the rest of the real estate was acquired by the Mordovia Development Corporation. In 2021, all these transactions are challenged in court.

2015

As of March 2015, IPSB OJSC is a member of the Association of Regional Banks "Russia," the Association of Russian Banks, and the Association of Russian Members of Europay International.