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Modern Commercial Bank
- In February 2003 the bank was renamed Sovcombank ("Modern Commercial Bank").
en.wikipedia.org/wiki/Sovcombank
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Is Sovcombank a Russian bank?
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Sovcombank (Public Joint-Stock Company "Sovcombank", Russian: Совкомбанк) is a Russian privately owned universal bank included in the list of 13 systemically important Russian banks. [2] In terms of assets, it ranks 9th among Russian banks (1,483 billion rubles).
Feb 6, 2023 · MOSCOW, Feb 6 (Reuters) - The majority shareholder of sanctioned Russian private lender Sovcombank plans to buy back all the bank's outstanding Eurobonds, worth more than $700 million,...
Nov 18, 2019 · At Sovcombank, one of the country’s largest private sector lenders, chief executive Dmitry Gusev sees opportunities in offering equity release loans to its core low- to middle-income customer base.
- Lucy Fitzgeorge-Parker
- ESG And Emerging Europe Editor
- lucy.fitzgeorge-parker@euromoney.com
Sovkombank PAO is a Russia-based company, which is primarily focused on the financial services industry. The Company operates as a commercial bank and provides services to individual and corporate clients.
Nov 6, 2018 · Five years ago it was a niche player specializing in consumer loans for the elderly – today Sovcombank is one of Russia’s largest privately owned banks, with a clutch of new shareholders from China and the Gulf. What lies behind its remarkable rise?
- Lucy Fitzgeorge-Parker
- ESG And Emerging Europe Editor
- lucy.fitzgeorge-parker@euromoney.com
Dec 1, 2023 · Sovcombank, which is under U.S., EU and UK sanctions over Russia's actions in Ukraine, has been waiting for the right moment to list for years and said it plans to raise 10 billion roubles...
Sovcombank Company Description. Public Joint-Stock Company Sovcombank provides various banking products and services to individuals, small businesses and individual entrepreneurs, and corporate clients in Russia.
