B N Bank Public Joint Stock Company

B N Bank Public Joint Stock Company




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The Reference Entity was formerly known as MDM Bank, Public Joint Stock Company. The later changed its name to B&N Bank (Public Joint-Stock Company) on 18 November 2016. The reference entity B&N Bank (Public Joint-Stock Company) merged with and into Public Joint-Stock Company "Bank Otkritie Financial Corporation" effective 01-January-2019.
cdn.ihsmarkit.com/www/pdf/1120/BandN-Ba…
https://en.m.wikipedia.org/wiki/B&N_Bank
Industry: Banking
Type: Public joint-stock company
Founded: 1993
Native name: Бинбанк
B&N Bank (Russian: ПАО "БИНБАНК") is one of Russia’s largest commercial banks organized as a public joint-stock company under the laws of the Russian Federation.

The bank was nationalized in September 2017, after running into financial difficulties following its merger with MDM bank. The Central Bank of Russia plans to merge B&N with Otkritie, another failing bank.
Wikipedia · Текст по лицензии CC-BY-SA
https://cdn.ihsmarkit.com/www/pdf/1120/BandN-Bank-Public-Joint-Stock-Company.pdf
* The Reference Entity was formerly known as MDM Bank, Public Joint Stock Company. The later changed its name to B&N Bank (Public Joint-Stock Company) on 18 November 2016. The …
https://www.cbr.ru/credit/coinfo.asp?id=450000499
B&N Bank (Public Joint-Stock Company) B&N Bank Данные оборотной ведомости по счетам бухгалтерского учёта Форма 101
https://www.bloomberg.com/profile/company/716893Z:RU
Перевести · B&N Bank JSC provides commercial banking services. The Bank offers mortgage loans, commercial finance, credit cards, lease financing, and international business services. B&N Bank …
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B&N Bank (Public Joint-Stock Company) ПАО "БИНБАНК" B&N Bank. Legal Address [ru] ул. Котельническая набережная, 33, стр. 1Mail Routing Code Российская Федерация, г. …
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B&N Bank (Public Joint-Stock Company) Краткое официальное наименование: на русском языке: ПАО «БИНБАНК» на английском языке: B&N Bank: Рублевый …
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Перевести · b and n bank (public joint-stock company) swift codes Swift codes, or BIC codes as they are sometimes called, allow you to make an international wire transfer. While routing …
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B&N BANK (PUBLIC JOINT-STOCK COMPANY) GREEK BRANCH (LEI# 213800UAI89I5Z2BNA05) is a legal entity registered with LONDON STOCK EXCHANGE LEI LIMITED. The address is УЛ. …
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B&N Bank (Russian: ПАО "БИНБАНК") is one of Russia’s largest commercial banks organized as a public joint-stock company under the laws of the Russian Federation.
Mikail Shishkhanov, Chairman of the Board of Directors
The bank was nationalized in September 2017, after running into financial difficulties following its merger with MDM bank.[2] The Central Bank of Russia plans to merge B&N with Otkritie, another failing bank.[3]
Founded in 1993, B&N Bank has the general license of the Bank of Russia No. 2562.[4] In November 2008, the Bank entered the capital of Bashinvestbank, and in December 2013 Bashinvestbank was integrated with B&N Bank as its branch in Ufa.
In April 2014 B&N Bank became the owner of Moscomprivatbank, a former subsidiary of Ukrainian PrivatBank. The deal was concluded as the part of B&N Bank’s strategy for retail business expansion and approved by Banking Supervision Committee of the Bank of Russia. Due to high social importance of Moskomprivatbank, Deposit Insurance Agency (DIA) provided assistance to B&N Bank in a form of RUB 12bn loan. The loan proceeds will be used for maintenance of Moskomprivatbank’s liquidity and implementation of the project related to creation of independent IT-infrastructure of the credit institution.
In July 2014, B&N Bank successfully closed the acquisition of DNB Russia. “Asokerco Trading Limited” LLC (an entity affiliated with B&N Bank (JSC) owned by Mikail Shishkhanov) has become the owner of JSC Commercial Bank DNB Bank (“DNB Russia”) located in Murmansk.[5] Previously, DNB Russia was a fully owned subsidiary of DNB Bank ASA (“DNB”), the leading Norwegian financial group.
In December 2014 B&N Bank closed the acquisition of five banks of the Rost Group. The deal is a part of financial recovery of Rost Bank, Kedr Bank, Akkobank, SKA-Bank and Tveruniversalbank. The purpose of acquisition of the Rost Group banks is to expand the retail business, regional presence and client base of B&N Bank. The total amount of retail deposits attracted by five banks is RUB 70 billion; the total branch network consists of more than 240 offices and ATM network of more than 440 devices.[6]
In January 2015, B&N Bank acquired Uralprivatbank.[7] The transaction was completed in February 2015. The purpose of the acquisition for B&N Bank is to expand its retail business and regional presence. Uralprivatbank is a sustainable regional bank which has been operating in the market for over 25 years. The bank has four offices in Ekaterinburg.
In June 2015 the shareholders of B&N Bank, Mikail Shishkhanov and Mikhail Gutseriev, entered into an agreement to acquire a controlling shareholding (58.33%) in MDM Bank from Sergei Popov. Within the framework of the transaction, 100% of the shares of MDM Bank have been valued by the parties at approximately the level of the bank's equity.[8]
In February 2015, Banki.ru portal recognized B&N Bank as the Bank of the Year.[9] In July 2015, B&N Bank announced the acquisition of the Russian leading autoleasing company Europlan, and in July 2015[10] the Bank announced the acquisition of the auto-leasing company Carcade. As a result, B&N Group became the leading retailer in vehicle leasing in Russia.
In 2016 B&N Bank completed its merger with MDM bank, placing it in the top ten of all Russian lenders. In late 2017 the bank sought a bailout from the Russian state.
In 2018 Irish economist Cillian Doyle revealed that prior to the merger between these two banks, MDM had used a series of offshore vehicles located in the Irish Financial Services Center (IFSC) and Malta, as part of a scheme to create fictitious assets on its balance sheet in addition to hiding losses.[11]
The majority shareholders are the Chairman of the Board of Directors of B&N Bank Mikail Shishkhanov (59,4064 %) and Mikhail Gutseriev (39,3589 %).[12]
Content is available under CC BY-SA 3.0 unless otherwise noted.

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