Profile & History

B&N BANK is one of Russia’s largest commercial bank organized as an open joint stock company under the laws of the Russian Federation. Bank demonstrates positive financial results, high current level of liquidity and capitalization, steady market positions and stable mutual relations with circle of corporate clients.

In our business we pay a special attention to the satisfaction of our customers. We highly appreciate transparency and confidentiality in our relations. By launching and developing new products we make cooperation more effective and comfortable.

B&N BANK has a wide network that embraces more than 30 regions within Russia and has extensive relations with foreign banks and export credit agencies (ECAs). In 2004, the Bank was admitted into the Russian Central Bank Deposit Insurance Program, which provides insurance for customer deposits with state and private Russian banks in case of a bank bankruptcy. As of April 2007, the bank had over 2,300 employees. In November 2008 B.I.N.BANK acquired 76% of Bashinvestbank’s shares. Еarlier this year B&N Bank has been included in TOP-30 banks by its level of stress resistance in financial crisis’s conditions.

Founded in 1993, B&N BANK offers a wide range of corporate banking services (including lending to large corporate clients & SME lending, payment and account services, international settlements, trade finance and ECA-backed finance, payroll services, leasing, etc), retail banking services (deposits, credit and debit cards, overdraft facilities, car, consumer and mortgage loans, etc) and financial markets activities.

B&N BANK’s registered and principal office is at 5a, Grodnenskaya street, Moscow, 121471, Russia

• 2009:
  • Moody’s Investors Service rating assigned
  • RusRating national rating upgraded
  • $50 mln. LPN Program, initiated in 2006, extended
• 2008:
  • S&P international/national ratings upgraded
  • US$100 mln. subordinated loan from the major shareholder
  • US$27 mln. syndicated loan
• 2007:
  • US$40 million syndicated loan extended and increased to US$52 million
  • US$100 mln. put option in the framework of US$200 mln. Eurobond Issue
  • Ranked 6th most transparent Russian bank by Standard & Poor's
• 2006:
  • US$200 million Eurobond issue
  • US$40 million syndicated loan
  • RUR536 million syndicated loan
  • Ranked 2nd most transparent Russian bank by S&P
• 2004-2005:
  • US$50 million short-term notes program
  • Joins Russian Central Bank Deposit Insurance Program
  • Fitch and S&P ratings upgraded
  • US$100 million capital injection
• 1999-2003:
  • First US$10 million syndicated loan
  • First RUR1.0 billion domestic bonds issue
  • Commencement of Fitch ratings
  • Accenture advises on new strategy
  • Regional network expansion project undertaken
  • US$100 million injected into Bank by shareholders
• 1995: Start of IFRS accounting and international audit practices
• 1993: Obtains banking license and opens first branches