From Surf Wiki (app.surf) — the open knowledge base

Evrofinance Mosnarbank

Russian commercial bank

Field	Value
name	OJSC Evrofinance Mosnarbank
type	Open Joint Stock Company
location	Moscow, Russia
key_people	Sergey N. Yarosh (President – Chairman of the Executive Board)
industry	Banking
products	Financial services
assets	RUB 64.4 billion (2019)
net_income	RUB 203 million (2019)
homepage	www.evrofinance.ru
rating	B1 (Moody's), B+ (Fitch) (2017)

OJSC Evrofinance Mosnarbank is a Russian commercial bank. Full name of the Bank: Open Joint-Stock Company Evrofinance Mosnarbank. Head office locates in Moscow. General License No. 2402 of Bank of Russia.

Company

50% minus 2 shares - FONDEN, S.A.
50% plus 2 shares - Rosimushchestvo (shares received from the former owners VTB and Gazprombank for free after the imposition of US sanctions in 2019).

In the fall of 2020, bank began to attract dollar deposits at a rate four times higher than the market average (2% per annum). Due to sanctions, deposits are only accepted in cash.

Controversy

Sanctions

In March 2019, the United States Treasury Department sanctioned Evrofinance Monsarbank over its relationship with Venezuelan state oil company PDVSA.

On March 13, 2019, Evrofinance Mosnarbank promised that in the near future, bank customers will receive cards of the Mir payment system instead of the Visa and MasterCard payment systems that disabled the bank. The National Payment Card System (NSPK) notes that card transactions can be resumed as soon as the bank solves problems with processing.

References

(2020-03-27). "Консолидированная финансовая отчетность за год, закончившийся 31 декабря 2019 г.". Evrofinance Mosnarbank.
(23 March 2017). "Рейтинг банков - 2017 (таблица)". Forbes.ru.
Кошкина, Юлия (Koshkina, Yulia). (28 August 2020). "Газпромбанк избавился от акций российско-венесуэльского банка: Пакет в Еврофинанс Моснарбанке, который принадлежал Газпромбанку, отошел Росимуществу через пять месяцев после попадания российско-венесуэльского банка под санкции США. Ранее свой пакет государству передал ВТБ". [[RBK Group.
(1 April 2019). "ВТБ передал долю в "Еврофинас Моснарбанке" Росимуществу". [[Interfax]].
(28 August 2019). "Газпромбанк избавился от доли в подсанкционном российско-венесуэльском банке: Ранее свой пакет акций в Еврофинанс Моснарбанке передал Росимуществу ВТБ". [[Interfax]].
(2020-10-12). "На свой вклад и риск: стоит ли открывать долларовый депозит под 2% в подсанкционном банке". [[Forbes]].
(March 11, 2019). "Treasury Sanctions Russia-based Bank Attempting to Circumvent U.S. Sanctions on Venezuela".
(2019-03-13). "Карты "Еврофинанса" перейдут на "Мир"".

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

banks-of-russia companies-based-in-moscow

Want to explore this topic further?

Ask Mako anything about Evrofinance Mosnarbank — get instant answers, deeper analysis, and related topics.

Research with Mako

Free with your Surf account

Content sourced from Wikipedia, available under CC BY-SA 4.0.

This content may have been generated or modified by AI. CloudSurf Software LLC is not responsible for the accuracy, completeness, or reliability of AI-generated content. Always verify important information from primary sources.

Report