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NOMOS-BANK
PJSC "Bank Otkrytie Financial Corporation" or Otkrytie FC Bank (russian: Банк «ФК Открытие», translates as ''opening'' or ''discovery'') is one of Russia's largest full-service commercial banks. It has more than 440 offices of different formats in Russia. It was co-founded by Igor Finogenov, now CEO of the Eurasian Development Bank. Otkrytie Bank ranked 1st among privately owned banks and 4th by assets among banking groups in Russia. In August 2017, Otkrytie was bailed out by the Central Bank of Russia, at a cost to the state of over $8 billion. The central bank later described Otkrytie's capital as "largely fictitious". History The lending institution was registered as ''TIPCO Venture Bank'' (russian: ТИПКО Венчур Банк) in 1992. The bank was renamed in 1994 as joint stock investment commercial bank ''Novaya Moskva'' (russian: Новая Москва, Russian for ''New Moscow''), and ''Nomos-Bank'' (russian: Номос-Банк) in 2007. ICT G ...
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Nomos Bank
PJSC "Bank Otkrytie Financial Corporation" or Otkrytie FC Bank (russian: Банк «ФК Открытие», translates as ''opening'' or ''discovery'') is one of Russia's largest full-service commercial banks. It has more than 440 offices of different formats in Russia. It was co-founded by Igor Finogenov, now CEO of the Eurasian Development Bank. Otkrytie Bank ranked 1st among privately owned banks and 4th by assets among banking groups in Russia. In August 2017, Otkrytie was bailed out by the Central Bank of Russia, at a cost to the state of over $8 billion. The central bank later described Otkrytie's capital as "largely fictitious". History The lending institution was registered as ''TIPCO Venture Bank'' (russian: ТИПКО Венчур Банк) in 1992. The bank was renamed in 1994 as joint stock investment commercial bank ''Novaya Moskva'' (russian: Новая Москва, Russian for ''New Moscow''), and ''Nomos-Bank'' (russian: Номос-Банк) in 2007. ICT G ...
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ICT Group (Russia)
The ICT Group (russian: Группа ИСТ), also spelt IST Group, is an investment venture based in Russia. The ICT ('Investments, Construction, Technologies') Group, founded by Alexander Nesis and his partners in the early 1990s, for years used to be one of the largest privately owned investment and industrial companies in Russia. It is headquartered in Moscow and in St. Petersburg. It invested in, developed and managed assets in wide range of industries, including the banking and financial industry, metals and mining, precious metal production, heavy engineering, logistics, construction and development. The portfolio of assets under the Group's management included NOMOS-BANK, Khanty-Mansi Bank, Polymetal and United Wagon Company. From 2010 till 2013 the Group also held large equity stakes in the potash producer Uralkali and Baltic Leasing. The group's assets are located primarily in Russia, but it also had interests in Kazakhstan. In 2013 following the restructuring of as ...
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Alexander Nesis
Alexander Nesis (born December 19, 1962, Leningrad, USSR) is the founder and the president of the ICT Group, a private equity firm headquartered in Moscow, Russia, which invested mainly in the finance, precious metals and engineering sectors. Biography Born in Leningrad in 1962, Nesis studied radiochemistry at the Lensovet Leningrad Institute of Technology. After graduation he worked as master supervisor at the Baltic Shipbuilding Yard (the largest and one of the oldest in Russia, est. 1856), which produced a variety of ships including nuclear icebreakers and submarines. In the early 1990s, Nesis left the shipyard to set out as an entrepreneur, opting to work for himself rather than for the state. Together with a small group of business partners, he first concentrated on the production of materials derived from uranium deposits located in the deserts of Uzbekistan. In 1991, the same group of entrepreneurs embarked upon a new venture to invest in the shipbuilding and met ...
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Nomos Bank Perm
Nomos, from grc, νόμος, nómos, link=no, is the body of law governing human behavior. Nomos or Nomoi may refer to: * Nomos (mythology), 'the spirit of law' in Greek mythology * Nomos (sociology), a habit or custom of social and political behavior * Nomos (music), a genre of Ancient Greek music * Nomos (band), traditional Irish music band of the 1990s * ''Nomos'', a publication of the American Society for Political and Legal Philosophy * Nomos Publishing House Companies * NOMOS-BANK, a Russian bank * Nomos Glashütte, a German watchmaking company See also * Nome (other) * Namus, normative patriarchal community standards in the Muslim world * Nome (Egypt) A nome (, from grc, νομός, ''nomós'', "district") was a territorial division in ancient Egypt. Each nome was ruled by a nomarch ( egy, ḥrj tp ꜥꜣ Great Chief). The number of nomes changed through the various periods of the history ... (Ancient Greek ''nomós''), subdivisions of Ancient Egyp ...
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Public Joint-Stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ...
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Rosgosstrakh
Rosgosstrakh (), also called RGS or RGS Group, was the largest insurance company in Russia for many years (now it's "number two" and "number one" is SOGAZ). RGS was the main sponsor of Russian National Football Championship. As Russia started its 2022 Russian Invasion of Ukraine, Rosgosstrakh was sanctioned by the US on 24th February 2022. History Rosgosstrakh is the successor of Gosstrakh, which was founded in 1921 during the Russian Soviet Federative Socialist Republic. Gosstrakh was the Russian government-owned insurance monopolist until 1947, when Ingosstrakh was established as agency of foreign insurance. Rosgosstrakh became a state-owned joint stock company on February 10, 1992 by the Government Resolution of the Russian Cabinet №76 "On the establishment of the Russian State Insurance Company". In July 2003, the controlling stake of 78% minus four shares was privatized. As of 2006, Rosgosstrakh was Russia's largest insurance company with US$1,528 billion in premiums ...
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ACRA (rating Agency)
ACRA (Analytical Credit Rating Agency; russian: Аналитическое Кредитное Рейтинговое Агентство - АКРА) is a rating agency A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely principal and interest payments and the likelihood of default. An agency may ra ... based in Moscow, Russia. It was established in 2015, with Yekaterina Trofimova as its CEO. Due to the withdrawal of US-based rating agencies because of Russian legislative changes and sanctions against Russia, ACRA was expected by analysts to become Russia's main ratings issuer. ACRA is deemed too demanding by a number of Russian companies, and is compared unfavorably to its competitor Expert RA, which is seen as putting its customers first. In January 2017, VTB Bank refused to disclose the rating it received from ACRA, just noting that it was even lower than the 'p ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Bank Of Russia
The Central Bank of the Russian Federation (CBR; ), doing business as the Bank of Russia (russian: Банк России}), is the central bank of the Russian Federation. The bank was established on July 13, 1990. The predecessor of the bank can be traced back to the State Bank of the Russian Empire founded in 1860. The bank is headquartered on Neglinnaya Street in Moscow. Its functions are described in the Constitution of Russia (Article 75) and in federal law. History State Bank of the Russian Empire The decision to create a State Bank of the Russian Empire was made by Emperor Peter III in May 1762, which was modeled on Bank of England and would have the right to issue bank notes. However, due to the coup on 28 June 1762 and the murder of the Czar, the project was not implemented. The outbreak in 1768 of the Russian-Turkish War and deficit of the state budget forced Catherine II, in turn, refer to the idea of issuing a paper money, and in December 1768 she form ...
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Reverse Repo
A repurchase agreement, also known as a repo, RP, or sale and repurchase agreement, is a form of short-term borrowing, mainly in government securities. The dealer sells the underlying security to investors and, by agreement between the two parties, buys them back shortly afterwards, usually the following day, at a slightly higher price. The repo market is an important source of funds for large financial institutions in the non-depository banking sector, which has grown to rival the traditional depository banking sector in size. Large institutional investors such as money market mutual funds lend money to financial institutions such as investment banks, either in exchange for (or secured by) collateral, such as Treasury bonds and mortgage-backed securities held by the borrower financial institutions. An estimated $1 trillion per day in collateral value is transacted in the U.S. repo markets. In 2007–2008, a run on the repo market, in which funding for investment banks was e ...
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Czech Republic
The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The Czech Republic has a hilly landscape that covers an area of with a mostly temperate continental and oceanic climate. The capital and largest city is Prague; other major cities and urban areas include Brno, Ostrava, Plzeň and Liberec. The Duchy of Bohemia was founded in the late 9th century under Great Moravia. It was formally recognized as an Imperial State of the Holy Roman Empire in 1002 and became a kingdom in 1198. Following the Battle of Mohács in 1526, the whole Crown of Bohemia was gradually integrated into the Habsburg monarchy. The Protestant Bohemian Revolt led to the Thirty Years' War. After the Battle of White Mountain, the Habsburgs consolidated their rule. With the dissolution of the Holy Empire in 1806, the Cro ...
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