March 22, 2017 11:52 PM ET

Banks

Company Overview of OAO Rossiya Bank

Company Overview

OAO Rossiya Bank offers banking services to corporate and individual clients in Northwest region. Its services include cash and settlement services, account management, placing funds in deposits and promissory notes of the bank, issue of bank guarantees, leasing, list of banking export-import services, payroll projects, corporate finance and finance consulting, FX operations, and brokerage services. The company also provides cash, promissory notes, and payment and settlement documents delivery services; management of international settlements, including letters of credit, collection payments, and bank transfers; and loans, including acceptance credits. In addition, it offers retail, institut...

2 Liter A, Rastrelli sq.

St. Petersburg,  191124

Russia

Founded in 1990

Phone:

7 812 335 8500

Fax:

7 812 335 8505

Key Executives for OAO Rossiya Bank

Chairman of Management Board
Deputy Chief Executive Officer
Executive Director for Retail Banking
Compensation as of Fiscal Year 2016.

OAO Rossiya Bank Key Developments

State Ready To Sell Minority Stake In Bank Rossiya

The Russian Government is seeking to sell 0.01% stake in OAO Rossiya Bank. The stake sale is included in the 2017-2019 privatization program, which has been approved in a February 8 , 2017 government instruction. The state is ready to sell 313 shares or about 0.01% of capital in Bank Rossiya. The state's stake consists of 260 ordinary and 53 preferred shares.

Bank Rossiyaa Reports Earnings Results for the Year 2016

Bank Rossiyaa reported earnings results for the year 2016. For the year, the company’s net profit came to RUB 4 billion. These are the lending institution's preliminary financial results under RAS.

Bank Rossiya Provides Earnings Guidance for the Year 2016

Bank Rossiya provided earnings guidance for the year 2016. The company is planning to end 2016 with net profit around RUB 5 billion and an increase in the credit portfolio by no less than 15%. The company is planning to end the year with profit at a level no lower than last year.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 20, 2017
--
Merger/Acquisition
December 7, 2016
JSC VTB Bank
 

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