Vozrozhdenie Bank

Vozrozhdenie Bank has a history dating back to April 1991. Most of the current management team has been with the bank for more than 15 years, and many since its inception in 1991, having weathered several banking system crises. Now Vozrozhdenie is one of the leading banks in Russia ranked 25th by assets, 31st by capital and 13th by retail deposits. The bank’s key operations are in loans to SMEs (54% of total loans), consumer lending, mortgages and bank cards (16%).

Our distribution network spans 163 branches and over 784 ATMs covering 21 regions of Russia with main focus on Moscow Region, southern and north-western Russia. Serving around 60,000 corporate clients and 1.6 million retail clients, the bank concentrates on its key strengths – strong fee-income generation capacity (actually one of the highest share of fees in operating income among Russian banks) and higher margin-SME lending as well as stable funding from customer deposits.

Vozrozhdenie Bank is listed on the MICEX (code VZRZ, pref – vzrzp), RTS (code VZRZ, pref- vzrzp) and the bank’s DR-program is listed on the Berlin, Frankfurt and Stuttgart stock exchanges.

Bank has been publishing financials under Russian Accounting Standards and International Financial Reporting Standards since 1991. Its external auditor is PricewaterhouseCoopers Audit.

The bank’s long-term ratings are: Moody’s “Ba3”, Standard & Poor’s “BB-“.

 
 
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