Bank Saint Petersburg

PJSC Bank Saint Petersburg
Native name	ПAO «Банк «Санкт-Петербург»
Type	Public (ПAO)
Traded as	MCX: BSPB
Industry	Financial services
Founded	1990 (Saint Petersburg)
Headquarters	Saint Petersburg, Russia
Key people	; Alexander V. Savelyev (CEO)
Services	Banking
Revenue	US$ 356.7 million (2013)
Net income	US$ 91.8 million (2013)
Total assets	US$ 11.0 billion (2013)
Rating	B1 (Moody's), BB- (Fitch) (2017)
Website	www.bspb.ru

Bank Saint Petersburg is a Russian bank created in 1990 in Saint Petersburg. According to the bank official website, Saint Petersburg Bank is mostly implemented in Northwest Russia.^[4] The bank is listed on Moscow Exchange. Located in Saint Petersburg and the Leningrad region, is the chairman of the bank's management board.

History[]

It was established on 3 October 1990 as a joint-stock company Lenbank, a year later it received its current name.

In June 1998, St. Petersburg was the first among city banks to receive permission from the Central Bank of Russia to issue cash from card accounts. The bank has activated lending to the importer's settlement and currency accounts, plastic card loans and other credit services.

In the fall of 2007, St. Petersburg was the first private bank in Russia that did IPO, received permission from the Federal Financial Markets Service to issue receipts, but further, refused listing on the foreign stock exchange (receipts were converted into ordinary shares that are now in circulation in the several number of Russian stock exchanges).^[5]

Leadership[]

On 10/01/2016:^[6]

Chairman of the Supervisory Board: Elena Ivannikova
Chairman of the Board: Alexander Saveliev

Financial indicators[]

According to the preliminary activities results in 2017 according to RAS, the bank had the following financial indicators:^[7]

Net interest income of the bank - 19.4 billion rubles, net commission income - 5.1 billion, net income from operations in the financial markets amounted to 6.7 billion rubles.
Revenues amounted to 32.1 billion rubles, operational expenses - 13.1 billion rubles, net profit - 4.2 billion rubles.
Assets amounted to 594.5 billion rubles, credit portfolio - 354 billion rubles, borrowed funds of customers - 359.2 billion rubles, own capital of the bank according to the methodology of the Central Bank of the Russian Federation (Basel III) amounted to 71.1 billion rubles.