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Lada-Credit
RN Bank ( rus, РН Банк) is a Moscow-based joint venture bank established in 2013 and owned by UniCredit Bank Russia (as majority holder), RCI Banque and Nissan. It is aimed at financing car sales for the local car manufacturer AvtoVAZ. The first financial affiliate of AvtoVAZ, AvtoVAZbank ( rus, АвтоВАЗбанк), operated as such from 1988 to 1996. In 1997, AvtoVAZ replaced it with Automotive Banking House, later renamed Lada-Credit ( rus, Лада-Кредит). From the late 2000s onwards, AvtoVAZ partnerered with other banking companies for financing. RCI Banque entered into the Russian market in 2006, financing Renault and Nissan sales. History AvtoVAZbank Tolyatti-based AvtoVAZbank was established in 1988 as the financial affiliate of AvtoVAZ as well as one of the first commercial banks in Russia. Its founders were AvtoVAZ along with Vneshekonombank, Sberbank of Russia, Sberbank and Promstroibank. By 1995, the largest shareholders of the bank were AvtoVAZ ...
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AVTOVAZBANK
RN Bank ( rus, РН Банк) is a Moscow-based joint venture bank established in 2013 and owned by UniCredit Bank Russia (as majority holder), RCI Banque and Nissan. It is aimed at financing car sales for the local car manufacturer AvtoVAZ. The first financial affiliate of AvtoVAZ, AvtoVAZbank ( rus, АвтоВАЗбанк), operated as such from 1988 to 1996. In 1997, AvtoVAZ replaced it with Automotive Banking House, later renamed Lada-Credit ( rus, Лада-Кредит). From the late 2000s onwards, AvtoVAZ partnerered with other banking companies for financing. RCI Banque entered into the Russian market in 2006, financing Renault and Nissan sales. History AvtoVAZbank Tolyatti-based AvtoVAZbank was established in 1988 as the financial affiliate of AvtoVAZ as well as one of the first commercial banks in Russia. Its founders were AvtoVAZ along with Vneshekonombank, Sberbank of Russia, Sberbank and Promstroibank. By 1995, the largest shareholders of the bank were AvtoVAZ ...
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AvtoVAZ
AvtoVAZ ( rus, АвтоВАЗ, p=ɐftoˈvas) is a Russian automobile manufacturing company owned by the state. It was formerly named as VAZ ( rus, ВАЗ), an acronym for Volga Automotive Plant in Russian (russian: Во́лжский автомоби́льный заво́д, Vólzhskiy avtomobíl'nyy zavód, link=no). AvtoVAZ is best known for its flagship series of Lada vehicles. In the Soviet Union, its products used various names, including Zhiguli, Oka, and Sputnik, which were phased out in the 1990s and replaced by Lada for the Russian market. From December 2019 to August 2020, AvtoVAZ sold Niva cars with Chevrolet branding. AvtoVAZ was established in 1966 by the Soviet government as a state-run car manufacturer. It was privatized in the 1990s and was a subsidiary of Renault from October 2016 to May 2022. In May 2022, it was re-acquired by the Russian government. The company is indirectly owned by Russian state enterprises through Lada Auto Holding. History Establishment ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Vneshtorgbank
VTB Bank (; formerly known as ''Vneshtorgbank'', , lit. 'International Trade Bank') is a Russian majority state-owned bank headquartered in various federal districts of Russia; its legal address is registered in St. Petersburg; as of 2022 company's capital stock was mostly owned by three Russian agencies. VTB Bank and its subsidiaries form a leading Russian financial group – VTB Group uniting VTB banks located in different countries and offering a wide range of corporate banking services and products in Russia, CIS, Europe, Asia, Africa, and the U.S. VTB was ranked 446th on the FT Global 500 2012, The ''Financial Times''’ annual snapshot of the world's largest companies. It climbed to 210th in the ranking of the 500 largest companies in Europe, the FT Europe 500 2014, and to 127th in the FT Emerging 500 2014, the list of the 500 largest companies on the world's emerging markets. History VTB Bank was founded as Vneshtorgbank in 1990 with the support of the Russian ...
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Companies Based In Moscow
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Banks Of Russia
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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2013 Establishments In Russia
Thirteen or 13 may refer to: * 13 (number), the natural number following 12 and preceding 14 * One of the years 13 BC, AD 13, 1913, 2013 Music * 13AD (band), an Indian classic and hard rock band Albums * ''13'' (Black Sabbath album), 2013 * ''13'' (Blur album), 1999 * ''13'' (Borgeous album), 2016 * ''13'' (Brian Setzer album), 2006 * ''13'' (Die Ärzte album), 1998 * ''13'' (The Doors album), 1970 * ''13'' (Havoc album), 2013 * ''13'' (HLAH album), 1993 * ''13'' (Indochine album), 2017 * ''13'' (Marta Savić album), 2011 * ''13'' (Norman Westberg album), 2015 * ''13'' (Ozark Mountain Daredevils album), 1997 * ''13'' (Six Feet Under album), 2005 * ''13'' (Suicidal Tendencies album), 2013 * ''13'' (Solace album), 2003 * ''13'' (Second Coming album), 2003 * ''13'' (Ces Cru EP), 2012 * ''13'' (Denzel Curry EP), 2017 * ''Thirteen'' (CJ & The Satellites album), 2007 * ''Thirteen'' (Emmylou Harris album), 1986 * ''Thirteen'' (Harem Scarem album), 2014 * ''Thirtee ...
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Banks Established In 2013
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Auto Loan
Auto may refer to: * An automaton * An automobile * An autonomous car * An automatic transmission * An auto rickshaw * Short for automatic * Auto (art), a form of Portuguese dramatic play * ''Auto'' (film), 2007 Tamil comedy film * Auto (play), a subgenre of dramatic literature * Auto (magazine), an Italian magazine and one of the organizers of the European Car of the Year award * A keyword in the C programming language used to declare automatic variables * A keyword in C++11 used for type inference * Auto (Mega Man), a character from ''Mega Man'' series of games * Auto, West Virginia * Auto, American Samoa * AUTO, a fictional robot in the 2008 film ''WALL-E'' See also * Otto Otto is a masculine German given name and a surname. It originates as an Old High German short form (variants ''Audo'', ''Odo'', ''Udo'') of Germanic names beginning in ''aud-'', an element meaning "wealth, prosperity". The name is recorded fro ...
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Omsk
Omsk (; rus, Омск, p=omsk) is the administrative center and largest city of Omsk Oblast, Russia. It is situated in southwestern Siberia, and has a population of over 1.1 million. Omsk is the third largest city in Siberia after Novosibirsk and Krasnoyarsk, and the twelfth-largest city in Russia. It is an essential transport node, serving as a train station for the Trans-Siberian Railway and as a staging post for the Irtysh River. During the Imperial era, Omsk was the seat of the Governor General of Western Siberia and, later, of the Governor General of the Steppes. For a brief period during the Russian Civil War in 1918–1920, it served as the capital of the anti-Bolshevik Russian State and held the imperial gold reserves. Omsk serves as the episcopal see of the bishop of Omsk and Tara, as well as the administrative seat of the Imam of Siberia. The mayor is Sergey Shelest. Etymology The city of Omsk is named after the Om river. This hydronym in the dialect of Bara ...
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Avtoframos
Renault Russia ( rus, Рено Россия, Reno Rossiya, rʲɪˈno rɐˈsʲijə), known until 2014 as Avtoframos ( rus, Автофрамос, Avtoframos), was a Russian automotive company established in 1998 by the Moscow city and Renault. It was a wholly owned Renault subsidiary from 2012 onwards. The company disappeared in May 2022 as its assets were acquired by the Moscow city government. History In July 1998, the then Deputy Mayor of Moscow, Valery Shantsev, and a representative from Renault signed an agreement to create an automotive joint venture, based on an old Moskvitch, OAO Moskvitch facility. Renault and the city of Moscow owned equally the new company. The car assembly started in April 1999. By 2005, the plant was at full production and in 2010 its capacity was doubled to 160,000 cars per year. In October 2004, Renault purchased a 26% of the Moscow's share in the partnership and in 2006 increased its participation to 94.1%. At the end 2012, the French automaker purch ...
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International Moscow Bank
AO UniCredit Bank is a Russian bank headquartered in Moscow. It was a wholly owned subsidiary of Italy-based UniCredit Group. History ZAO International Moscow Bank (IMB) was founded on 19 October 1989. In 2005, Bank Austria along with its parent company HypoVereinsbank was acquired by UniCredit Group. (Bank Austria remained as the direct parent company of the Russian bank until September 2016) In 2007, IMB was renamed as ZAO UniCredit Bank. In May 2013, the bank merged its own ATM network with the Raiffeisenbank ATM network. In 2014, the bank was registered as AO UniCredit Bank. In March 2019, UniCredit Bank topped the list of the most reliable banks in Russia according to Forbes experts, ahead of 99 other banks, including Raiffeisenbank. The Owners Until October 2016, 100% of the bank's voting shares belonged to UniCredit Bank Austria AG (Vienna, Austria), which is part of the Italian group UniCredit UniCredit S.p.A. is an international banking group headquartered in ...
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