Bank Saint Petersburg is a Russian bank created in 1990 in

Saint Petersburg Saint Petersburg ( rus, links=no, Санкт-Петербург, a=Ru-Sankt Peterburg Leningrad Petrograd Piter.ogg, r=Sankt-Peterburg, p=ˈsankt pʲɪtʲɪrˈburk), formerly known as Petrograd (1914–1924) and later Leningrad (1924–1991), i ...

. According to the bank website, Saint Petersburg Bank is mostly implemented in Northwest Russia. The bank is listed on

Moscow Exchange The Moscow Exchange (MOEX; rus, Московская биржа, r=Moskovskaya birzha, p=mɐˈskofskəjə ˈbʲirʐə, a=) is the largest exchange in Russia, operating trading markets in equities, bonds, derivatives, the foreign exchange market, ...

. Located in Saint Petersburg and the Leningrad region, Alexander Savelyev is the chairman of the bank's management board.

History

It was established on 3 October 1990 as a joint-stock company Lenbank, a year later it received its current name. In June 1998, St. Petersburg was the first among city banks to receive permission from the

Central 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 ...

to issue cash from card accounts. In the fall of 2007, St. Petersburg was the first private bank in Russia that did

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

, received permission from the

Federal Financial Markets Service The Federal Financial Markets Service (FFMS, FSFR) (russian: Федеральная служба по финансовым рынкам, ФСФР) was a Russian federal executive body which regulated Russian financial markets and operated from 20 ...

to issue receipts, but further, refused listing on the foreign stock exchange (receipts were converted into ordinary shares that are now in circulation in the several number of Russian stock exchanges). As of January 1, 2018, the bank served 1.93 million individuals and 50 thousand companies.

Sanctions

Bank Saint Petersburg was sanctioned by the United States and the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...

on 24 February 2023 in relation to the

2022 Russian invasion of Ukraine On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. ...

. The UK increased sanctions in December 2023 to prohibit correspondent banking relationships. In March 2023, applications of Russian banks that were included in the updated sanctions list in February 2023 were removed from Google Play. Among them is the Bank St. Petersburg application. In addition, applications from the banks

Uralsib Uralsib (russian: ПАО «Банк Уралсиб») is a Russian commercial bank, headquartered in Moscow. According to Russian Forbes, as of 2022, it was one of the country's largest banks with the net asset value of approximately 530 billio ...

, Zenit and MTS Bank were also removed from Google Play."Google удалил приложения 10 российских банков. Почему и как теперь пользоваться услугами онлайн?"
vbr.ru n Russian 17 марта 2023 года

Leadership

On 10/01/2016:Квартальный отчет за 3кв2016 г.
/ref> * Chairman of the Supervisory Board: Elena Ivannikova * Chairman of the Board: Alexander Saveliev

Financial indicators

According to the preliminary activities results in 2017 according to RAS, the bank had the following financial indicators:Банк «Санкт-Петербург» увеличил годовую чистую прибыль в 1,8 раза — до 4,2 млрд рублей
'' Банки.ру'', 17.01.2018

References

External links

Official Website
Banks of Russia Companies based in Saint Petersburg Banks established in 1990 Companies listed on the Moscow Exchange 1990 establishments in Russia Russian brands {{Europe-bank-stub