Viking Bank is a Russian regional bank headquartered 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 ...

. Their corporate name is Commercial Bank "Viking" Closed Joint Stock Company. Viking Bank is a part of Russian Banking System and is governed by the applicable law of the Russian Federation, regulatory acts of the Central Bank of the Russian Federation, and the Charter. General Banking License No. 2 is issued by the State Bank of USSR on August 26, 1988. The Bank functions on the financial market as a universal credit institution.

History

In August 1988, the

USSR The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nationa ...

had begun the period when state banks of industry-specific branches were transformed into the commercial banks. During that period the first private commercial bank - Viking Bank - was established as an experiment (at the beginning the Bank's name was "Patent"). At that time there was no law regulating banking activity and the first Charter of the bank was developed on the basis of the Cooperation Act. Viking Bank was given the General Banking License No.2 on August 26, 1988. License No.1 was given one day before to the Union Bank in

Kazakhstan Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbeki ...

that went bankrupt.{{Citation needed, date=July 2022

Executives

* Victor Halansky – Chairman of the Board of Directors. ScD (Economics), Professor of VAK (Higher Attestation Commission). * Alexey Ustaev – President, ScD (Economics)

Core business areas

Investment financing of the companies in the real sector of economy is a core business area for Viking Bank.

References

Banks of Russia Companies based in Saint Petersburg Russian brands