Offering personal services for corporate clients and individuals, Vozrozhdenie Bank is a truly community bank operating in Russia. With a history dating back to 1991, the Bank is one of the leading Russian financial institutions today and has been among the country’s top 30 banks for 20 years in a row.
The Bank serves almost 63,400 corporate clients and around 1.3 million retail clients, offering a variety of services that include deposits, business financing, mortgage and consumer lending, bank cards and settlement operations. Its services are accessible both at offices and remotely, such as through mobile and internet banking.
Vozrozhdenie Bank’s network consists of 119 branches and 2000 ATMs, including ATMs of our partners, in 17 Russian regions, primarily those in the European part of the country: Moscow Region and the Southern and North-Western areas of the country. The Bank is renowned for the loyalty of its clients, many of whom have been customers for more than 20 years.
Vozrozhdenie Bank’s strategy is based on developing a profitable business that generates stable operating income. In the corporate segment the main clients are small and medium-sized enterprises (SMEs), while another rapidly expanding area is retail loans. Funding comes primarily from customer deposits. The Bank focuses on developing remote services for clients and adheres to a conservative risk-management policy.
The Bank is a public company, and its shares are traded on local and international stock exchanges. Its shareholders include over 9,500 individuals and legal entities.
Vozrozhdenie Bank publishes financial statements according to Russian Accounting Standards and International Financial Reporting Standards. Its external auditor is PricewaterhouseCoopers Audit.