Absolut Bank
wap | pda | contacts | sitemap
 
| ABOUT BANK | OFFICES

 

About Absolut Bank
About Bank
About Blagosostoyanie
Steps Of Development
Management Team
Board of Directors
Network Development
Licenses & Membership
Ratings & Reports
Our Offices
Contacts
NOSTRO correspondent list
AML Questionnaire
Press Center
Absolut Bank News

 

Home / About Absolut Bank / Steps Of Development

 

Steps Of Development

We are a modern, dynamically developing bank with an active position in all sectors of financial services.


2013
  • Absolut Bank celebrates 20-years anniversary. The launch of consumer loans
2012
  • announcement of the purchase of a bank NSP "Blagosostoyanie". Launch of new products: credit cards, endowment life insurance, unallocated bullion account
2011
  • Bank launched Bundles (recognized as the best product on the market by the RBC magazine)
2010
  • Bank entered the TOP-5 asset management companies.
2009
  • Absolut Bank was reckoned among 10-Top Reliable Banks according to Forbes journal.
  • Absolut Bank was assigned with Principal Member status in Visa International S.A. payment system.
  • Absolut Bank joined the All-Russian ATM and Cash Points Network Unified Settlement System (ORS).
  • AHML (OOO Agency on Housing Mortgage Lending) and Absolut Bank signed an agreement of intent aimed at issuing mortgage securities, obligations on which will be secured on AHML surety.
2008
  • Absolut Bank increased its capital by RUB9.8 bln. by issuing 50 mln. of common shares.
  • The RF Ministry of Finance put Absolut Bank in the list of the authorized banks on placing budget temporary surplus funds.
  • Absolut Bank joined the list of banks on which sureties loans of the Bank of Russia could be secured.
  • Absolut Bank issued bonds to the total amount of RUB10.0 bln.
2007
  • Absolut joined KBC Group, one of the biggest financial groups of Europe.
  • Absolut Bank was reckoned among credit institutions on the sureties of which loans of SB RF could be secured.
  • Regional network of Absolut Bank doubled. It included 72 market outlets in 24 regions of the country.
  • Fitch affirmed Russia's Absolut Bank at 'B' with Stable outlook
  • Under IFCs Global Trade Facilitation Program Absolut Banks limit was increased up to US$ 40 million
  • Absolut Bank successfully placed the 8th US$ 10 million tranche under its US$200 million Short Term Note Programme
  • Absolut Banks shareholders equity increased by US$ 60 million
2006
  • EBRD and Absolut Bank signed USD 10 mio Loan Agreement to finance the development of small business in Russia
  • RZB prolonged and extended Trade Related Finance Facility up to USD 75 mio
  • Absolut Bank signed USD 120 million A+B Syndicated Loan Agreement, arranged by EBRD
  • Absolut Bank and BSTDB concluded USD 15 million Loan Agreement, thus its capital soared up to USD 234 million
  • Absolut Bank made an extension of credit limit up to US$100 million within the framework of the EBRD Trade Facilitation Program
  • Absolut Bank increased its total capital by attracting US$15 million Subordinated deposit from its Shareholders
  • Absolut Bank successfully placed the 7th tranche under its US$200 million Short Term Note Programme
  • Absolut Bank and Nordic Investment Bank signed EUR 10 million Loan Agreement
  • Absolut Bank attracted new Subordinated Loan from DEG (Deutsche Investitions und Entwicklungsgesellschaft mbH) for the total amount of US$20 million
  • Absolut Bank attracted USD 20 million loan from National Bank
  • Absolut Bank attracted new Subordinated deposit from its Shareholders for the total amount of US$20 million
  • Absolut Bank successfully placed its second RUB 1 billion bond issue on MICEX (Moscow Interbank Currency Exchange).
  • Absolut Bank made the extension of its 2 nd Syndicated Loan for the amount of USD 35 million and 1 year tenor.
  • Absolut Bank increased the volume of its debut Eurobonds issue up to USD 200 million (additional issue USD 50 million).
  • EBRD increased the credit limit provided to Absolut Bank under the Trade Facilitation Program up to USD 50 million.
  • Absolut Bank attracted its debut 1 year Syndicated Loan for total amount of RUB 1 093 700 000.
  • Absolut Bank successfully placed its debut dollars denominated Loan Participation Notes. The amount of the issue comprised USD 150 million.
  • Fitch upgraded the Banks IDR rating to " " (from "B-") and National Long-term rating to " " (from " -"). Outlook stable.
  • Moodys changed outlook on the Banks B1/E+ ratings to positive from stable and assigned B1 rating to the upcoming Eurobonds issue; Moodys Interfax upgraded the national scale rating to A1.ru.
  • Absolut Bank joined the IFCs Global Trade Finance Program
  • Absolut Bank successfully placed third tranche under its US$100 million Short Term Note Programme
  • Absolut Bank's Capital totaled US$118 million and is to be increased up to US$163 million
2005

  • Branch Network Development in 2005
    • New Moscow regional branch was opened in Mytischi
    • Absolut Bank launched its new office in Zelenograd
    • Absolut Bank launched its credit-consulting centre in Naro-Fominsk
    • Absolut Bank opened its office in Lyubertsi
    • New Moscow regional branch was opened in Balashikha
    • Absolut Bank launched its credit-consulting centre in Vidnoe
    • Absolut Bank launched its new regional branch in Korolev
    • Absolut Bank has launched its Central Branch in Saint Petersburg.
    • The second Banks regional branch was opened in Khimki
    • The first Moscow regional branch was opened in Podolsk
  • IFC became the shareholder of Absolut Bank
  • Absolut Bank signed USD 52 million Trade Related Finance Facility Agreement
  • Export Import Bank of India extends USD 10 million Line of Credit to Absolut Bank
  • KfW and Absolut Bank signed the Loan Agreement that opens USD 10 million credit facility for 7 years to refinance the banks SME portfolio
  • Absolut Bank successfully placed second tranche for USD 25,5 million under its USD 100 million Short Term Note Program
  • The Fitch agency changes Absolut Banks outlook to positive and upgrades National Long-term rating from BB+ to BBB-
  • The European Bank for Reconstruction and Development increases Absolut Banks Guarantee Exposure up to USD 35 million.
  • IFC and Absolut Bank have signed Multi Project Facility Agreement.
  • The Bank registered USD 100 million Short Term Note Programme and successfully placed first tranche for USD 12,5 million
  • The Bank successfully attracted second USD 25 million Syndicated Loan arranged by COMMERZBANK AG and RZB Group.
  • The Independent ING Advisory consultants published the Review of the Anti-money laundering procedures of Absolut Bank, Russia, which is concerned to its compliance with international standards and the implementation of those procedures throughout the Bank.
  • The Bank was first rated by MOODYS.
2004
  • The Bank issued and successfully placed on the domestic market its debut 500 million rouble 2-years bond
  • SACE, Italy has approved guarantee of two 5-years transactions of the Banks customers for total amount EUR 0.8 million and USD 0.6 million.
  • FITCH Ratings assigned the National Long-term ratings to Absolut Bank
  • The Bank sponsored the Russian Banking Forum in Milan, September 2004
  • HERMES, Germany has approved guarantee of two 5-years transactions of the Banks customers for total amount EUR 8.6 million and USD 3.5 million.
  • The Bank passed through the inspection of the Central Bank as the part of the procedure of including to the Deposit Insurance System.
  • EBRD increased the Banks limit under Trade Facilitation Program up to US$20 million.
  • FITCH Ratings updated the international ratings of the Bank.
  • Together with the business newspaper "Vedomost i", Bank organized a public Conference "Import of goods & equipment, optimization of financing schemes".
  • EBRD included the Bank into SME lending program given US$10 million limit for 4 years.
  • The Bank signed Mandate Letter with IFC with intention to attract US$15 million for 8 years for refinancing of the mortgage program.
  • The Bank successfully attracted first USD 10 million Syndicated Loan arranged by Raiffeisen Zentralbank Osterreich AG, Vienna.
  • The Bank was included into the State Deposit Insurance System.
2003
  • The Ceremony of the beginning of the new Head office construction in the historical part of Moscow took place
  • The Bank attracted USD 5 million subordinated loan for 10 years from its shareholders
  • The Bank was first rated by FITCH Ratings
  • The Bank opened a new Moscow office
  • The Bank became the 11th Russian bank included to EBRD TFP
2002
  • The Bank opened a new Moscow office
  • The Central Bank of Russia registered the 11 th, and 12 th share issues of the Absolut Bank for total amount USD 15 million
2001
  • Launch of VISA card services
  • The Bank obtained Central Banks General license for banking operations
  • The Bank obtained a general license from the Ministry of Economic Development and Trade for export of refined gold
  • State Customs Committee included Absolut Bank in the list of organisations- guarantors in favour of customs bodies
  • The Bank attracted USD 5 and USD 2 million subordinated loans for 10 years from its shareholders
  • Central Bank of Russia registered the 9 th and 10 th share issues of Absolut Bank for total amount USD 10 million
2000
  • The Bank joined VISA international payment system
  • Internet trading was offered for Absolut Banks customers
  • The Bank obtained License for performing dealing, brokerage and trust management activities
  • The Bank obtained License for depository activities
  • PriceWaterhouseCoopers was appointed as the Bank's auditor.
1999
  • The Bank concluded agreement with the Central Bank of Russia to deal on the GKO-OFZ securities market.
  • The Bank joined the National Currency Association.
1998
  • The Bank obtained license for operations involving precious metals.
  • The Bank joined Moscow Interbank Currency Exchange.
1997
  • The Bank joined the National Association of Stock Market Participants (NAUFOR)
  • The Bank obtained professional securities market participant license
  • The Bank obtained license for direct correspondent relations with foreign banks.
1996
  • The Bank began operations using Reuters Dealing system
  • The Bank registered its Depositary.
1995
  • The Bank obtained Central Banks license to perform foreign currency transactions.
  • The Bank opened a new Moscow office
1993
  • Registration with the Central Bank of Russian Federation ("Central Bank")
  • Central Bank granted Absolut Bank the Licence to perform banking transactions in local currency

 

 
SMS-banking service

Spotlights

Absolut Bank is the winner in Nomination The best service quality 2012 (Association of Russian Banks)
Absolut Bank is awarded Brand of the Year 2013 (Effie)
Absolut Bank ranked 8th among banks in profit. According to the research Top 500 profitable banks in 2011 by the RBC Rating news agency, as of 1 April 2011 the Banks profit amounted to RUB 2.59 bn.
 

Our contacts:   

 

   Call center +7 495 777-71-71; E-mail address

Rambler's Top100