May Day bank

History

1990: Foundation of bank

The Pervomaysky (Ltd) bank (Krasnodar) worked at financial market of Kuban since October, 1990. It was one of the most dynamically developing banks of the Southern Federal District which is a part of the largest in the region on the value of equity and assets.

2012: Obtaining general license of the Central Bank

On August 3, 2012 the Central Bank of Russia made the decision on issue to Pervomaysky (Ltd) Generalnoy Bank of the license of the Central Bank of the Russian Federation for banking operations No. 518.

Having an extensive network from 36 additional offices across all Krasnodar Krai, the Pervomaysky Bank expanded ATM network (21 ATMs in Krasnodar and edge), opened points of issue of consumer loans and credit cards and also expanded presence geography: The bank opened 6 operational offices in the Astrakhan, Volgograd and Rostov regions.

Results of activity of Bank, caused its high places in regional and all-Russian ratings.

So, according to the rating published in the business daily log of Russia Profile, the Pervomaysky Bank was included into the Top of 200 largest Russian banks by the size of net assets as of March 1, 2011. Moreover, in the rating of RBC of the largest Banks of Russia at the end of 2010 "The torus of 500 banks on quick assets for on January 1, 2011", the Pervomaysky (Ltd) Bank took the 156th place, having risen in a year by 88 points!

Meanwhile, according to rating "A top of 500 profitable banks in 1 quarter 2011" the Pervomaysky Bank increased potential practically for 319%! And in rating "A top of 500 banks on net assets for on April 1, 2011", the Bank rose by five positions and showed dynamics of net assets which is 24%.

The Pervomaysky bank was the first independent Kuban bank which got support of the state and approval of Minpromtorg of Russia on participation in the program of subsidizing of consumer car loans and in 2011 continues to participate in the program of preferential car loans successfully!

In the rating of RBC "The torus of 500 banks on the credits to individuals as of January 1, 2011" the Pervomaysky Bank took the 100th place in the all-Russian offset and, respectively, the first place among financial credit institutions of Kuban, having risen in a year by 5 points.

In the rating of RBC "The torus of 500 banks on a deposit portfolio for on January 1, 2011", the Pervomaysky Bank, took the 169th place across the Russian Federation. Besides, in rating "The torus of 500 banks on deposits of individuals for on January 1, 2011" the Bank is on the 114th position in the all-Russian offset.

On February 13, 2012 the RAEX Rating agency confirmed credit rating to Pervomaysky (Ltd) Bank at the level A "The high level of solvency", the forecast for rating "stable". The rating And "The high level of solvency" means that in the short term the bank with high probability will provide timely accomplishment of all financial liabilities, both current, and arising during its activity.

The key factors which affected rating assessment were the high financial performance characterizing both profitability and reliability of Bank in general and assessment of perspectives of its development.

The bank pursues the conservative credit policy allowing to minimize potential risks by creation of additional reserves. So in rating "Top of 500 banks on investments in securities for January 1, 2011 May Day takes the 211th place across the Russian Federation!

Having become in 2009 the partner of JSC Russian Bank for Development, May Day performs crediting of small and medium-sized businesses including at the expense of target resources of JSC ROSBR.

So, in the rating of RBC "The torus of 500 banks on the credits of legal entities for January 1, 2011" May Day was included into three leading independent Kuban banks and took the 308th place across the Russian Federation.

In 2010 the Pervomaysky Bank became partner bank of a regional Guarantee fund of support of a small entrepreneurship and now performs crediting of small and medium-sized businesses under the guarantee of Fund.

In rating "The torus of 500 banks on deposits of legal entities for on January 1, 2011" the Bank rose by 132 positions in a year and took the 290th place in the all-Russian offset.

Actively modern services are developed and implemented: Internet banking for legal entities and physical persons, credit and debit plastic cards with the convenient discount program. In May, 2010 the Pervomaysky (Ltd) Bank started release of the instant debit plastic cards VISA Express, and in August, 2010 — cards of Cirrus/Maestro.

The Pervomaysky (Ltd) bank provided a range of services to clients of bank, constantly improving convenience of using of plastic cards.

So, according to "Bank rating by the number of own ATMs across Russia (for January 1, 2011)" according to RBC, the Pervomaysky Bank occupied one of the leading positions among independent Kuban banks and the 93rd place in the all-Russian offset. In the rating of RBC "The largest banks by the number of plastic cards in the address for January 1, 2011" our Bank became the second among financial credit institutions of Kuban and took the 89th place among the provided Russian banks, having increased the production volume of cards by 58.58% of rather same period of last year.

For more than 20 years in Pervomaysky (Ltd) Bank there was a team of professionals which there are enough healthy creative ambitions for implementation of relevant, dynamic projects. Each employee of the bank is given opportunities for professional and career development, personal material interest. Systematic events for increase in the professional grade, the intra bank staff rotation directed to permanent improvement of customer service in all directions are held.

An auditor of Bank according to the Russian standards is the Private company "Interregional auditing firm "Doveriye" - Russia, 350020, Krasnodar Krai, Krasnodar, Odessky Drive, 4/1. Ph. (861) 253-16-65, 253-16-67. MAF Doveriye Ltd is a member of SRO Auditor Chamber of Russia Non-profit partnership - membership certificate No. 786, the main registration number of record No. 10201003380.

An auditor of Bank according to international standards is the BDO Private company - Russia, 117587, Moscow, Varshavskoye Highway 125 building 1, page 11 Ph. (495) 797 - 56-65. BDO Ltd is a member of SRO Auditor Chamber of Russia Non-profit partnership - the main registration number of record No. 102010118307.

2018: Revocation of license

In November, 2018 the Bank of Russia revoked licenses for banking operations from   Pervomaysky bank. Reported about it in the press service of the regulator.  According to data of the reporting, on  the value of assets on 11/23/2018 Pervomaysky bank took the 204th place, and  "The Russian mortgage bank"  the 179th place  in  a banking system of the Russian Federation.

The decision of the Bank of Russia on  Pervomaysky bank is made  in connection with  non-execution by credit institution of the federal laws regulating banking activity and  regulations of the Bank of Russia, repeated violation  within one year of requirements, stipulated in Clause  7 ( except for point 3  of Article 7) the Federal   law "O counteraction of legalization (washing) of income gained in the criminal way and to terrorism financing"  and also requirements of the regulations of the Bank of Russia published  according to  the specified Federal law, considering repeated application  within one year of the measures provided by the Federal  law "O Central bank Russian Federation (Bank of Russia)"  in view of existence of real threat to the interests of creditors and  investors.

2020: Initiation of proceedings about plunders and searches

On October 7, 2020 in Krasnodar the staff of investigation department of the Ministry of Internal Affairs in Krasnodar Krai together with field investigators of edge management of FSB carried out 17 searches in the organizations and also in apartments of natural persons who are suspected of participation in plunder of money from Pervomaysky bank, told RBC a source in central office of the Ministry of Internal Affairs, information was confirmed by other source familiar with investigation.

According to Deposit Insurance Agency (DIA), the bank did not fulfill the obligations to creditors on 7.8 billion rubles.

Searches were carried out within criminal case about assignment about 182.5 million rubles (Part 4 of Article 159 of the Criminal Code of the Russian Federation) concerning the individual entrepreneur Lyudmila Darmanova which was initiated on September 24 in investigation department of the Ministry of Internal Affairs in Krasnodar, told a source in police. "Around 8 a.m. the staff of FSB and the Ministry of Internal Affairs came into apartments of the former heads of bank and the companies affiliated with them — tells a source — withdrew documentation, electronic media and office equipment".

Investigative actions took place also in the two-storeyed apartment of the ex-chairman of the board of bank of 850 sq.m Alexander Izmaylov where he lives with the ex-wife Marianne Hermann and children, told a source. "The investigators suspect that the banker dummy divorced Hermann and transferred to her a part of property" — the interlocutor noted.