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INFORMATION
company: Promsvyazbank
Country: Russia
full company name: Open Joint-Stock Company Promsvyazbank
Address: 10, Smirnovskaya St., Bldg. 22, Moscow, 109052, Russia
Phone: +7 (495) 411 51 19
Fax: (495) 7771020
E-mail: psbank@psbank.ru, ir@psbank.ru
site: http://www.psbank.ru/
Industry: Banks and financial institutions
type of legal entity: Open joint-stock company
TIN: 7744000912
KPP: 997950001
OGRN: 1027739019142
Date OGRN: 26.07.02
OKPO: 40148343
code: PSBANK
Profile: Open Joint-Stock Company Promsvyazbank (PSB) is one of Russia’s leading privately owned banks, successfully operating since 1995. As at 1 October 2010, PSB ranked 9th by assets among Russian banks, according to Interfax information agency. From being a No. 63 bank by assets in 1998, in ten years PSB has grown into one of the largest banks in Russia. PSB is a universal financial services provider engaged in commercial banking, retail banking, private banking, investment banking, and SME banking. As at 1 October 2010, PSB offered services to almost 400,000 retail borrowers and depositors and over 93,000 corporate clients. The number of active cards issued by the Bank reached 1 000,000. Since the opening of its first branch in 1996, PSB has been consistently expanding its regional footprint. Today, PSB branches operate in all economically developed regions of Russia, and a relatively dense network covers Moscow and the Moscow region. As at 1 May 2011, PSB domestic network consisted of about 246 points of sale in more than 90 communities across Russia. The Bank has over 1,200 ATMs in the country. In addition to the domestic network, PSB has a branch and a retail office in Cyprus, as well as foreign representative offices in Ukraine, China and India. Strong expertise in factoring and trade finance. As at 9M2010, PSB was a market leader in the Russian factoring market with a 27.4% share, according to Expert RA rating agency. PSB has also been one of the largest and most active players in trade finance in Russia (with 11% market share, as calculated from the S.W.I.F.T. data). In 2007 and 2008, PSB received the EBRD award as “The Most Active Issuing Bank under the EBRD Trade Facilitation Programme in Russia”, and was awarded the title of “The Best Bank in Trade Finance in Emerging Europe for 2008” by Euromoney magazine. PSB is rated by two major international credit ratings agencies: Moody’s Investors Services and Fitch Ratings. The majority owners of PSB are Messrs. Dmitry and Alexey Ananiev. Mr. Dmitry Ananiev is member of the Federation Council and Chairman of the Federation Council Committee on Financial Markets and Currency Circulation. Mr. Alexey Ananiev is Chairman of PSB’s Board of Directors. Commerzbank Auslandsbanken Holding AG, a subsidiary of a leading German bank Commerzbank AG, has been a minority shareholder since 2006, with a 15.32% equity stake. The European Bank for Reconstruction and Development became a new PSB shareholder with an 11.75% stake in February 2010. This is the largest EBRD equity investment in a Russian bank to date.


NEWS
25.04.12 Moody's changes outlook on Promsvyazbank's ratings to negative from stable
25.04.12 Promsvyazbank makes second coupon payment under US$ 500 mln 6.2% LPN due 2014
20.04.12 VTB Capital Research: Russian/CIS bonds: firmer on the day; new deals in focus
19.04.12 Promsvyazbank sells $400m eurobond yielding 8.5% - issuer
19.04.12 UFS: Prices for Russian eurobonds rose further yesterday, despite the negative dynamics in the oil market and in most stock markets
 View all news

ANALYTICS
08.04.10: Fixed Income Daily: "EM rally despite Greece growing concern; local bond market remain in standstill with more sellers; today intial jobless claims and more"
07.04.10: Fixed Income Daily:" EM sovereign debt spread widened, while corporate trading activity increased as international investors returned to the market"
06.04.10: Fixed Income Daily: " We expect good activity on FX denominated notes today, as investors return to the market on the back of growing optimism over US recovery"
05.04.10: Fixed Income Daily
02.04.10: Fixed Income Daily: " Bullish start for Q2, however activity in FX denominate and local Russian bond market remains low, all eyes at Payroll today, the data will sent the trend for next week"
All analytics

ISSUER'S CREDIT RATING
Moody's Investors Service Ba2/Negative Int. Scale (foreign curr) 25.04.2012
Moody's Investors Service Ba2/Negative Int. Scale (loc. curr.) 25.04.2012
Standard & Poor's Withdrawn Int. Scale (foreign curr.) 18.05.2010
Standard & Poor's Withdrawn Int. Scale (loc. curr.) 18.05.2010
Fitch Ratings BB-/Stable Int. Scale (foreign curr.) 20.12.2010
RA Rus-Rating AA- National scale (Russia) 03.02.2012
National Rating Agency AA+ National scale (Russia) 10.04.2012
 issuer's credit rating
CONTACTS
Zibarev Denis, Vice-President - Head of Investment Banking Department, Phone +7(495)777 10 20(*70 4777), 7-495-705-90-97, Fax: 727-10-20, доб. 70-4737, email: написать письмо,
Tulinov Denis, Head of Investment Department, Phone +7 (495) 705 9097, 777 1020, доб. 704738, Fax: +7(495)777-10-20, доб. 70-47-37, email: написать письмо,
Subbotina Maria, Deputy Head of Investment Department, Phone +7(495)777-10-20 (70-47-33), 495 705 90 97, Fax: +7(495)777-10-20, доб. 70-47-37, email: написать письмо,
Shaikhutdinova Aigul, Head of Department, Phone 777-10-20, доб. 70-47-42, Fax: 7(495)777-10-20, доб. 70-47-37, email: написать письмо,
Kareeva Marina, Deputy Director, Financial Institutions and International Capital Markets Department, Phone +7 495 777 1020, ext. 70-6776, Fax: 7-495-411-5551, email: написать письмо,
Zemlyanitsky George, Phone 777-1020, email: написать письмо,
Pavlenko Anatoly, Lead Trader, Phone +7(495)777-10-20 доб. 70-47-23, прямой: +7(495)705-90-69, Fax: +7(495)777-10-20 доб 704737, email: написать письмо,
Rybakova Julia, Manager, Trading and Sales, Investment Department, Phone +7(495)777-10-20 доб. 70-47-41, прямой: +7(495)705-90-68, Fax: +7(495)777-10-20, доб.70-47-37, email: написать письмо,


AWARDS
2011 year:
Best Bond Market Trading
2010 year:
Best Bond Market Trading

 Issuer 

 Bookrunner 

Issues of the issuer:

 Promsvyazbank (PSB Finance S.A.), 2017 (LPN) - Eurobonds
 Promsvyazbank, БО-02 - Domestic bonds
 Promsvyazbank, БО-04 - Domestic bonds
 Promsvyazbank (PSB Finance S.A.), 2014 (LPN) - Eurobonds
 Promsvyazbank, БО-03 - Domestic bonds
All issues of the issuer

Outstanding issues:

7 issue(s) outstanding worth USD 1 595 000 000
4 issue(s) outstanding worth RUR 20 000 000 000
1 issue(s) outstanding worth EUR 15 000 000

Syndicated Loans:

 Promsvyazbank, 12.2011
 Promsvyazbank, 10.2011
All loans of borrower

Consolidated IFRS reports:

20121 Q. 2 Q.
20111 Q. 2 Q. 3 Q. 4 Q.
20101 Q. 2 Q. 3 Q. 4 Q.
20091 Q. 2 Q. 3 Q. 4 Q.
20081 Q. 2 Q. 3 Q. 4 Q.
20071 Q. 2 Q. 3 Q. 4 Q.
20061 Q. 2 Q. 3 Q. 4 Q.
20051 Q. 2 Q. 3 Q. 4 Q.
20041 Q. 2 Q. 3 Q. 4 Q.

Annual report:

20112010200920082007200620052004


Participation in bond issues

 Asian-Pacific Bank, 01 (Bookrunner)
 Credit Bank of Moscow, БО-03 (Co-underwriter)
 Koltso Urala , 01 (Bookrunner)
 Promsvyazbank, 2017 (LPN) (Bookrunner)
 Carcade, 02 (Bookrunner)
 ТСS Bank, БО-04 (Bookrunner)
 Metcombank (Urals), 01 (Bookrunner)
 Bank Zenit, БО-07 (Underwriter)
 Russian Standard Bank, БО-02 (Underwriter)
 Uralsib Bank, 04 (Co-underwriter)
View all issues


Arranged Syndicated Loans:

 Belarusbank, 1, 03.2012 (Bookrunner)
 Belarusbank, 2, 03.2012 (Bookrunner)
 Belarusbank, 12.2010 (Bookrunner)
 Retal, 6.2006 (Bookrunner)
All loans


 




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