Evrofinance
Encyclopedia
OJSC EVROFINANCE MOSNARBANK is one of the biggest Russian commercial banks. Full name of the Bank: Open Joint-Stock Company EVROFINANCE MOSNARBANK. Head office locates in Moscow
. General License No. 2402 of Bank of Russia.
CB Mosnarbank CJSC was founded in 1995 in Moscow as totally subsidiary of Moscow Narodny Bank, London. (English Russian foreign bank). Its history began in 1911 when Moscow Narodny Bank was established in the capital of Russia and later incorporated in British bank system.
. The merger of Mosnarbank and Evrofinance
was quite effortless because both banks had been founded as the subsidiaries of the biggest Russian foreign banks, thus, they had common missions.
Group.
OJSC EVROFINANCE MOSNARBANK’s service network includes branches and representatives in different cities, such as Moscow
, St. Petersburg, Vladimir
, Krasnoyarsk
, Nizhny Novgorod
, Rostov-on-Don
, Stavropol
, Yaroslavl
, Pyatigorsk
, Nevinnomyssk
, Samara
, Volgograd
, Tolyatti
, Tver
, Voronezh
, Chelyabinsk
.
The Banker – in 2005 Evrofinance was included in Top 1000 World Banks rating
EUROMONEY – in 2007 Evrofinance was recognized as Leader in Corporate Management among CEE Banks; in 2009 — The Best Russian Bank in Risk Management.
Moody’s Investors Service – Long term Rating Ba3, Short Term rating В
Moscow
Moscow is the capital, the most populous city, and the most populous federal subject of Russia. The city is a major political, economic, cultural, scientific, religious, financial, educational, and transportation centre of Russia and the continent...
. General License No. 2402 of Bank of Russia.
History
OJSC Evrofinance was founded in 1993 in Moscow through reorganization of the finance company Evrofinance which was among the first joint companies with foreign capital in Russia, registered in December, 1990. The founders were the Northern Europe Commercial Bank (Eurobank), Paris (French Russian foreign bank) and the state corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank).CB Mosnarbank CJSC was founded in 1995 in Moscow as totally subsidiary of Moscow Narodny Bank, London. (English Russian foreign bank). Its history began in 1911 when Moscow Narodny Bank was established in the capital of Russia and later incorporated in British bank system.
Mergers and Acquisitions
In December, 2003 JSCB EVROFINANCE MOSNARBANK was created by merger of the CB Mosnarbank with the JSCB EvrofinanceEvrofinance
OJSC EVROFINANCE MOSNARBANK is one of the biggest Russian commercial banks. Full name of the Bank: Open Joint-Stock Company EVROFINANCE MOSNARBANK. Head office locates in Moscow. General License No...
. The merger of Mosnarbank and Evrofinance
Evrofinance
OJSC EVROFINANCE MOSNARBANK is one of the biggest Russian commercial banks. Full name of the Bank: Open Joint-Stock Company EVROFINANCE MOSNARBANK. Head office locates in Moscow. General License No...
was quite effortless because both banks had been founded as the subsidiaries of the biggest Russian foreign banks, thus, they had common missions.
Ownership
The shareholders: FONDEN, S.A., VTB Group, GazprombankGazprombank
Gazprombank is the largest Russian non-state owned bank, which is among the three largest banks in Russia. It is a joint stock bank founded in 1990. The bank is owned by the Russian gas company Gazprom, which controls 62.59% of shares directly and also retains shares through its subsidiaries...
Group.
Activity
The Bank’s historical mission consists in the management of the export-import operations between Russia and the foreign countries. Nowadays, the OJSC EVROFINANCE MOSNARBANK offers all basic services and operations for corporate clients and individuals, including the settlement and credit services for the Russian foreign trade enterprises.OJSC EVROFINANCE MOSNARBANK’s service network includes branches and representatives in different cities, such as Moscow
Moscow
Moscow is the capital, the most populous city, and the most populous federal subject of Russia. The city is a major political, economic, cultural, scientific, religious, financial, educational, and transportation centre of Russia and the continent...
, St. Petersburg, Vladimir
Vladimir
Vladimir is a city and the administrative center of Vladimir Oblast, Russia, located on the Klyazma River, to the east of Moscow along the M7 motorway. Population:...
, Krasnoyarsk
Krasnoyarsk
Krasnoyarsk is a city and the administrative center of Krasnoyarsk Krai, Russia, located on the Yenisei River. It is the third largest city in Siberia, with the population of 973,891. Krasnoyarsk is an important junction of the Trans-Siberian Railway and one of Russia's largest producers of...
, Nizhny Novgorod
Nizhny Novgorod
Nizhny Novgorod , colloquially shortened to Nizhny, is, with the population of 1,250,615, the fifth largest city in Russia, ranking after Moscow, St. Petersburg, Novosibirsk, and Yekaterinburg...
, Rostov-on-Don
Rostov-on-Don
-History:The mouth of the Don River has been of great commercial and cultural importance since the ancient times. It was the site of the Greek colony Tanais, of the Genoese fort Tana, and of the Turkish fortress Azak...
, Stavropol
Stavropol
-International relations:-Twin towns/sister cities:Stavropol is twinned with: Des Moines, United States Béziers, France Pazardzhik, Bulgaria-External links:* **...
, Yaroslavl
Yaroslavl
Yaroslavl is a city and the administrative center of Yaroslavl Oblast, Russia, located northeast of Moscow. The historical part of the city, a World Heritage Site, is located at the confluence of the Volga and the Kotorosl Rivers. It is one of the Golden Ring cities, a group of historic cities...
, Pyatigorsk
Pyatigorsk
Pyatigorsk is a city in Stavropol Krai on the Podkumok River, about from Mineralnye Vody. Since January 19, 2010 it has been the administrative center of the North Caucasian Federal District of Russia...
, Nevinnomyssk
Nevinnomyssk
Nevinnomyssk is a city in Stavropol Krai, Russia, located on both banks of the Kuban River at its confluence with the Bolshoy Zelenchuk River, south of Stavropol. Population: 132,141 ; 92,000 ; 40,000 ....
, Samara
Samara, Russia
Samara , is the sixth largest city in Russia. It is situated in the southeastern part of European Russia at the confluence of the Volga and Samara Rivers. Samara is the administrative center of Samara Oblast. Population: . The metropolitan area of Samara-Tolyatti-Syzran within Samara Oblast...
, Volgograd
Volgograd
Volgograd , formerly called Tsaritsyn and Stalingrad is an important industrial city and the administrative center of Volgograd Oblast, Russia. It is long, north to south, situated on the western bank of the Volga River...
, Tolyatti
Tolyatti
Tolyatti , also known as Togliatti, is a city in Samara Oblast, Russia. It serves as the administrative center of Stavropolsky District, although it is administratively separate from it...
, Tver
Tver
Tver is a city and the administrative center of Tver Oblast, Russia. Population: 403,726 ; 408,903 ;...
, Voronezh
Voronezh
Voronezh is a city in southwestern Russia, the administrative center of Voronezh Oblast. It is located on both sides of the Voronezh River, away from where it flows into the Don. It is an operating center of the Southeastern Railway , as well as the center of the Don Highway...
, Chelyabinsk
Chelyabinsk
Chelyabinsk is a city and the administrative center of Chelyabinsk Oblast, Russia, located in the northwestern side of the oblast, south of Yekaterinburg, just to the east of the Ural Mountains, on the Miass River. Population: -History:...
.
International Recognition
Standard & Poor’s – Evrofinance was recognized as The Most Profitable Bank among 100 CEE Banking Institutions in 2001.The Banker – in 2005 Evrofinance was included in Top 1000 World Banks rating
EUROMONEY – in 2007 Evrofinance was recognized as Leader in Corporate Management among CEE Banks; in 2009 — The Best Russian Bank in Risk Management.
International Ratings
Fitch Ratings – Long term Rating В, Short Term rating В (as of 01.01.2010)Moody’s Investors Service – Long term Rating Ba3, Short Term rating В