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
The Federal Agency for State Property Management (Rosimushchestvo) () is a subdivision of the Russian Ministry of Economic Development that manages Russia's federal state property.
History
The agency was formed by a presidential decree, No.314, ...
(shares received from the former owners
VTB
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 ...
and
Gazprombank
Gazprombank (russian: Газпромбанк), or GPB (JSC), is a private-owned Russian bank, the third largest bank in the country by assets. Since November 2014, Yuri Shamalov's Gazfond is its largest shareholder.
The bank’s principal busine ...
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
The Department of the Treasury (USDT) is the Treasury, national treasury and finance department of the federal government of the United States, where it serves as an United States federal executive departments, executive department. The departme ...
sanctioned Evrofinance Monsarbank over its relationship with
Venezuela
Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in th ...
n state oil company
PDVSA
Petróleos de Venezuela, S.A. (PDVSA, ) (English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as exploration and production ...
.
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
External links
Bank’s Website
{{Portal, Russia, Banks
Banks of Russia
Companies based in Moscow