Regional Bank for Development
|
|
Print versionHistorySince its establishment in 1993, the Bank, guided by a highly qualified management team, has made leaps and bounds in the client services sector. Its shareholders, management team and specialists made it a priority to enhance and strengthen the Bank’s operational capabilities and reputation faster than could be reflected by official statistics. With its branch network in the Russian regions, the Bank has succeeded in attracting an impressive number of clients, corporate and individual. Continually expanding, the Bank comes in forth among the banks of the Republic of Bashkortostan, a position which has helped to determine its future in terms of size and geographical reach. Today, the Bank is widely represented on the territory of Bashkortostan Republic and is approaching the Federal level: a new additional office is opened in Moscow. Current development strategies are focused on St. Petersburg, as well as to the further enlargement of representative offices in regions. The Bank continues to strengthen its position on the banking services market, on which it already maintains a reputation as a reliable financial institution. The Bank’s solid market position is reflected in official ratings. By virtue of services offered to the public sector, the Bank is rated among the top 100 Russian banks, and Expert RA has given the Bank a B+ + rating. These ratings and the Bank’s strong hold on the market testify to its overall level of professionalism. Over the last 15 years the Bank has secured participation in the Visa International and MasterCard International payment systems; gained SWIFT membership; has received a License for performance of broker activity, joined the Russian Bankers’ Association and the Bankers’ Association of the Republic of Bashkortostan; gained membership with Chamber of Commerce of the Republic of Bashkortostan; and set up partnership relations with the Russian audit company KPGM. In 2008 the Bank’s equity capital totaled 650 500 000 rubles, which its shareholders plan to increase. This increase will allow the Bank to further expand its range of operations and scope of services offered. Further development plans are aimed at full conformity to international banking standards. Client policies focus on the creation of an even more meaningful dialogue with clients by using the Bank’s existing individual approach to client services and an orientation on the full satisfaction of client needs. There are no plans to simply maintain status quo. The Bank aims to further improve upon its services and is continually setting new goals for itself. 2010 Readers of "Arguments and Facts - Bashkortostan" newspaper recognized OJSC "Regional Bank for Development" as the best in the field of finance in the category "Bank by loyalty programs for customers". OJSC "Regional Bank for Development" won in the category "Bank of high customer service culture" at the IV Russian banking festival. The financial solvency of the Bank was confirmed by the National Rating Agency: the Bank was given the "Very high liquidity" rating. According to performance for the year 2010, the Bank was among the five hundred largest companies in Russia of the banking sector. Analytical center "Expert-Ural" rated OJSC "Regional Bank for Development" 33rd in terms of equity capital and 31st in terms of net assets among the banks of Ural region by the end of 2010. The Bank was licensed to place temporary free funds of state unitary enterprises of the Republic of Bashkortostan in bank deposits in accordance with the Procedure for selection of credit institutions, approved by the Government of the Republic of Bashkortostan, dated 23 November 2007 ¹ 342. OJSC "Regional Bank for Development" took part in a seminar on venture investments in small businesses as part of Specialized exhibition "Salon of innovations" in 2010. In the eve of the new year 2011, the Bank opened a new operational office in Nizhny Novgorod for its customers. Within 2010, the Bank developed and offered new products, types of deposits both profitable and convenient for customers, special marketing programs (including on seasonal and holiday days) all for the convenience of its customers. For individuals, the Bank offered new consumer lending programs and special attractive credit terms for the Bank’s private customers as part of the loyalty programs of the Bank. Internet banking service was also introduced for individuals (the Bank's customers). The Bank provided its customers with the possibility of paying for road traffic fines through the "Gorod" system in all offices of the Bank in Ufa. Together with insurance company OJSC "INGOSSTRAKH", the Bank offered a new service - conclusion of agreement on compulsory third party car insurance (CTPCI) for vehicle owners. The Bank introduced new lending products for small and medium-sized businesses. It introduced a new credit product "Biznes-ipoteka" for small and medium-sized businesses. The Bank began crediting small and medium-sized businesses using the target resources of Open Joint-Stock Company "Russian Bank for Development". 2009 In April 2009 the bank celebrated 15-year anniversary of banking performance and 15 years of membership in Russian Bankers’ Association. The Bank managed to increase its liquidity rating for two times this year. In March 2009 OJSC «Regional Bank for Development» entered the group of Russian Banks “High liquidity” and in June 2009 financial solvency of the Bank has been raised up to “very high liquidity” level». Two new offices were opened by the Bank in 2009: additional office in Moscow and operational office in Neftekamsk. OJSC «Regional Bank for Development» signed an Agreement with Pension Fund of RF for Bashkortostan Republic on payment of pension in Bank’s offices and received right to place temporary undisbursed funds of state unitary enterprises of Bashkortostan Republic into deposits. A new marketing program “We’ll support your business” has been successfully launched. 2008 Department of Licensing and financial recovery of credit organization in the Bank's of Russia registered the Report of additional share issue result to the amount of 150 500 000 rubles. The Bank's equity capital totaled 650 500 000 rubles after additional share issue. International Audit Company KPMG once confirmed the soundness of Bank's financial statements. A license to act as professional member of the securities market with unlimited brokerage capabilities is received. Rating agency "Expert RA" has given the Bank B++ rating (acceptable creditworthiness). 2007 12 February - the Bank’s Main Office is moved to 60 Gogola, st., Ufa. SWIFT membership is achieved. Participation in the Visa International payment system begins. B+ Expert RA rating. Positive KPMG auditor’s opinion is received. Moscow branch office is opened. 2006 8 November - the National Bank of the Republic of Bashkortostan registers an additional share issue of 400 000 000 rubles. The Bank’s equity capital is increased to 500 000 000 rubles. 2005 A Certificate on the inclusion of JSC Regional Bank for Develjpment in the register of Banks-members of Deposit Insurance Programe is received. The Bank begins operations with Western Union and Contact for RUB, USD and EURO wire transfers. A licence for the performance of banking activities for legal entities and individuals in rubles and foreign currencies is received in relation to the Banks name change (¹ 2782 dd 17.02.2005).
2004 Shareholders vote to change the Bank’s name to Regional Bank for Development, OJSC. The Bank of Russia announces its decision to include the Bank in the Federal Deposit Insurance Program. Bashkirski Railway Bank begins making express USD wire transfers via Anelik. 2003 Bashkirski Railway Bank registers an additional share issue. Results of the additional share issue are registered. 2002 Banks Network expanded – a cash point desk opens in Ufa. 2001 The Central Bank of the Russian Federation registers the Bank’s new legal status – open joint stock company. Bashkirski Railway Bank’s initial share issue is registered. 2000 A license is received for the performance of activities with foreign currencies. 1999 Bank's Network expansion: a cash point desk opens in Ufa. 1998 The Bank becomes a member of the Accord (credit card) system. 1997 The Central Bank of the Russian Federation registers the Bank’s new legal status – Limited Liability Company, Commercial Bank "Bashkirski Railway Bank". 1996 Kyibishevsky Railway is entered into the Bank’s charter as a founding member. In relation, the Bank changes its name to Bashkirski Railway Bank, limited liability partnership. The Bank sets up its own Collections Department for the transfer of client funds and securities. 1995 The Bank becomes a member of the Russian Bankers’ Association. 1994 A CBRF license is received for the performance of banking activities. 1993 Orlan Bank, limited liability partnership is established. |
|
|
Made in DEFA
|
|
License ¹2782 dd 17 February 2005 © 2007 OJSC Regional Bank for Development |