Our History

2010

In 2010, Bank Vozrozhdenie was named Bank of the Year by The Banker magazine. This prestigious professional award is given to leading banks from 140 countries each year.

In the reporting period, ratings agency Standard & Poor’s changed the outlook on Bank Vozrozhdenie’s long-term counterparty credit rating to ‘positive’ from ‘stable’. The international-scale rating was affirmed at ‘B+’ and the local-scale rating at ‘ruA+’ with a ‘positive’ outlook. The bank’s short-term credit rating was affirmed at ‘B’.

Bank Vozrozhdenie was a prize-winner at the annual Customs Olympus 2010 in the category for best financial institution offering services in the customs field.

Bank Vozrozhdenie received an award at the third annual public awards Financial Pearls of Russia 2010 in the category of ‘Best Financial Services for the Population’.

Bank Vozrozhdenie recorded net income for 2010 of RUB581 million.

The loan portfolio increased by 22.1% to RUB104 billion.

Deposit volumes increased by 14.6% to RUB85.3 billion, while the share of retail deposits increased to 65.4%

In 2010, the Bank issued 250,000 new debit cards. In total, 1.4 million people have cards issued by the Bank. The number of Visa cards issued by the Bank reached 1.1 million.

2009

Bank Vozrozhdenie managed to achieve net profit of RUB 1,217 mln and maintain high level of capital adequacy (19%).

Loan portfolio before provisions totaled RUB 94.6 bln. Corporate lending programs accounted for 85.1% of the loan book with 50.8% share of total loans issued to the small and medium enterprises.

Loan loss provisions in 2009 accounted for 5.0% of average loan book which is RUB 4.8 billion. Coverage of non-performing loans by provisions was maintained at the above 100% level.

Customer accounts increased by 25% to RUB 113 bln while individual deposits rose by 32.3% to RUB 68.6 bln.

Bank Vozrozhdenie issued 225 thousand new debit cards and total number of cardholders (including holders of credit cards) reached 1.35 million. A new ATM deposit was introduced, which can be opened via any Bank Vozrozhdenie ATM.

2008

Assets of Bank Vozrozhdenie grew by 27%.
The Bank maintained its funding base with 11% customer accounts increase.
Non-interest income increased by 35%, number of transactions on client’s accounts — by 30%.
Number of clients reached 55 thousand enterprises in corporate segment and 1.35 million individual customers in retail one.

2007

Bank Vozrozhdenie was awarded by Itogi magazine as “The best mid—cap domestic bank”.
Bank Vozrozhdenie was awarded with National Banking prize as the "Company of the year"
Bank Vozrozhdenie issued its millionth bank card.
Bank Vozrozhdenie issued 3 million common shares raising $177 million.

2006

15 year!
Network of 138 offices, over 400 ATMs serves more than 900 000 clients.

2005

Bank a top 3 participant in Government Housing Finance program, 9th largest issuer of retail mortgages.
Rated by Standard & Poor’s as most transparent bank in Russia.

2004

Vozrozhdenie,10th largest bank in terms of individual deposit, accepted info Deposit Insurance Program.

2003

Vozrozhdenie has third largest  branch network and is among 200 largest Russian companies.

2002

ATM network largest in Moscow Oblast, 100 000th VISA card issued.

2001

10 year!
Vozrozhdenie among 20 largest banks in terms of corporate credit portfolio.

2000

14th equity issue triples capital.
CIBC becomes a shareholder.
Europay International certifies processing center.

1999

Central Bank evaluates Vozrozhdenie as a stable bank.

1998

Bank creates ATM network and establishes own processing center.

1997

Vozrozhdenie’s shares trade in international markets as ADRs.

1996

Recognized as a socially valuable credit organization and joins World Bank development programs.

1995

Joins VISA International as associate member.

1994

Vozrozhdenie joins S.W.I.F.T.
Correspondent banking network established with western banks.

1993

Further development of the branch network.
One of the largest in Russia cash collection and delivery service established.

1992

Vozrozhdenie receives foreign exchange license from the Central Bank, joins Moscow Interbank Currency Exchange.
Shares listed on RTS.

1991

Foundation of Vozrozhdenie Bank.
Centrel Bank registered Vozrozhdenie Bank with 34 branches in Moscow Oblast and Moscow City.