Choose region: CIS
  • Poland
  • Emerging Markets
Log in
Sign up

Follow Cbonds

Interregional Bank for Settlements of the Telecommunications and Postal Services - Issuer's card
INFORMATION
company: Sviaz-Bank
Country: Russia
full company name: Interregional Bank for Settlements of the Telecommunications and Postal Services
Address: Tverskaya, 7, Moscow 125375 Russia
Phone: (495) 771-32-60
Fax: (495) 771-32-76
E-mail: sviaz-bank@sviaz-bank.ru
site: http://www.sviaz-bank.ru
Industry: Banks and financial institutions
type of legal entity: Open joint-stock company
TIN: 7710301140
KPP: 774401001
OGRN: 1027700159288
Date OGRN: 27.08.02
OKPO: 9301192
code: SVBK
Profile: Sviaz-Bank was established in 1991, and today it is an all-purpose lending and financial institution maintaining its presence in 51 members of the Russian Federation. The Bank’s regional network comprises its Head Office in Moscow, 51 branches, and 144 backup offices and mini-branches, 114 of them operating from post offices. State Corporation «Bank for Development and Foreign Economic Affairs (Vnesheconombank)», which is a state-controlled corporation, is Sviaz-Bank’s majority owner holding 99.4666% of the Bank’s shares of stock. Sviaz-Bank’s key business areas are providing banking services to corporate entities and individuals, managing debt financing, and conducting international business such as trading in international financial markets, commercial and structural funding, and borrowing from international lenders. The Bank cooperates successfully with big, medium-size, and small business entities operating in all segments of the Russian economy. It gains great effect from its cooperation with post and communications organizations, including the Post of Russia Federal State Unitary Enterprise and the power industry, and also gives much attention to expanding banking services to individuals. The Bank considers lending to the real sector of the country’s economy, including small and medium-size businesses, to be among its priorities. Making banking services to the public a significant component of its development policy, Sviaz-Bank commits itself to high goals of winning significant positions in the market by vigorously developing retail banking, in particular, accepting funds in deposits, issuing mortgages and consumer credit facilities, and extending accessible banking services to large segments of the public. Sviaz-Bank is active in the capital market and trades on the Moscow Interbank Currency Exchange, or MICEX CJSC, the MICEX Stock Exchange, CJSC, the Russian Trading System Stock Exchange, OJSC, and the St. Petersburg Currency Exchange, CJSC. The Bank cooperates productively with major Russian and Western investment banks. The Bank’s network of correspondent banks has over 50 foreign and Russian financial institutions, including The Bank of New York (New York), VTB Bank (Deutschland) AG (Frankfurt), National Bank of Canada (Montreal), Sumitomo Mitsui Banking Corporation (Tokyo), Credit Suisse (Zurich), DnB NOR Bank ASA (Oslo), Swedbank AB (publ) (Stockholm), Sberbank of Russia (Moscow), Vnesheconombank (Moscow), VTB Bank (Moscow) etc. The Moody’s Investors Service Rating Agency confirmed Sviaz-Bank’s financial stability rating at E+, and raised its long-term rating of deposits in national and foreign currencies to B1 from its previous B2 rating. The Agency assesses “positively” its forecast for the Bank’s long-term rating of deposits in national and foreign currencies. The Moody’s Interfax Rating Agency also raised the Bank’s rating of deposits on the national scale by as much as three points to À1.ru from its previous Baa1.ru. The Agency reports that Sviaz-Bank’s ratings could be raised owing to the Bank’s positive financial performance in the first six months of 2010 and its high capital adequacy levels with financial support from Vnesheconombank, its shareholder. According to Interfax-CEA data for January 1, 2010, Sviaz-Bank was 23d among Russia’s 100 biggest banks for key financial performance figures. The Central Bank of the Russian Federation reports that Sviaz-Bank was among Russia’s 30 biggest banks. Sviaz-Bank’s Series 01 bonds (official registration number of the issue 40101470B of April 2, 2007) have been put on the Mortgage List of the Bank of Russia. Sviaz-Bank holds License No.1470 from the Bank of Russia and Certificate No.738 that puts the Bank on the list of member banks of the mandatory deposit insurance system./04,2011 The bank's network comprises 49 regional branches to enable successful cooperation with clients which also have extensive business networks. The bank is always working to expand its presence in the regions of Russia. The major shareholder of Sviaz-Bank is State Corporation «Bank for Development and Foreign Economic Affairs (Vnesheconombank)». Sviaz-Bank has traditionally been linked to the sector of telecommunications, as it was set up on the initiative of the Ministry for Communications of the USSR. At present the bank is developing as a universal interregional credit institution providing services that meet international standards. Sviaz-Bank sees its traditional participation in the telecommunications sector, one of the fastest growing sectors of the economy, as a positive. Sviaz-Bank is working hard on improving its corporate governance principles, it has also changed the means by which it offers corporate customer services - now each corporate client has their own personal manager. Sviaz-Bank has been upgrading its banking technologies and implementing an electronic document workflow management system. Since 2004, the bank has been arranging the issuance, placement, circulation and redemption of bond issues. Sviaz-Bank`s set of banking products for individual clients is being regularly updated. Thanks to its partnership with the Russian Post federal state unitary enterprise clients can access banking services not just at the bank's offices but also at post offices across Russia.


NEWS
08.02.12 Sviaz-Bank postpones Series 04 bond sale till March
07.02.12 Sviaz-Bank unveils guidance on Series 04 bonds
31.01.12 Sviaz-Bank registers Series 03 bonds placement report
23.12.11 Correction: Fitch Assigns Sviaz-Bank's RUB Bonds 'BB' Rating
22.12.11 Sviaz-Bank sells Series 03 bonds
 View all news

ISSUER'S CREDIT RATING
Moody's Investors Service Withdrawn Int. Scale (foreign curr) 16.11.2011
Moody's Investors Service B1/Positive Int. Scale (loc. curr.) 26.08.2010
Standard & Poor's BB/Stable Int. Scale (foreign curr.) 08.12.2011
Standard & Poor's BB/Stable Int. Scale (loc. curr.) 08.12.2011
Standard & Poor's ruAA National Scale (Russia) 08.12.2011
Fitch Ratings BB/Stable Int. Scale (foreign curr.) 14.06.2011
Fitch Ratings BB/Stable Int.l Scale (local curr.) 14.06.2011
Fitch Ratings AA-(rus)/Stable National Scale (Russia) 14.06.2011
Moody's Interfax Rating Agency Withdrawn National Scale (Russia) 17.11.2011
National Rating Agency AA- National scale (Russia) 01.07.2007
 issuer's credit rating
CONTACTS
Despotuli Leonid, Director, Department of Investment Services and Underwriting, Phone +7-495-228-37-99, Fax: +7-495-228-37-99 âí. 3256, email: íàïèñàòü ïèñüìî
Vasilyev Alexey, Deputy Director, Department of Investment Services and Underwriting, Phone +7-916-821-59-23, Fax: +7-926-375-02-35 âí. 3256, email: íàïèñàòü ïèñüìî,
Terebkov Fedor, Head of Origination, Phone +7(495)2283799*3046, Fax: +7(495)2283799*3029, email: íàïèñàòü ïèñüìî,


SELECTED DEALS
2010
EvrazHolding Finance
10 000 000 000 RUR
Bookrunner
Ferrous metals
2010
Mechel
5 000 000 000 RUR
Bookrunner
Ferrous metals
2009
UTK
2 000 000 000 RUR
Bookrunner
Communication
2009
3 000 000 000 RUR
Bookrunner
2009
Acron
3 500 000 000 RUR
Senior Co-lead manager
Chemical and petrochemical industry
2009
North West Telecom
3 000 000 000 RUR
Bookrunner
Communication
2009
AFK Sistema
19 000 000 000 RUR
Co-lead manager
Other sectors
2009
Uralsviazinform
1 000 000 000 RUR
Bookrunner
Communication
2009
Mechel
5 000 000 000 RUR
Bookrunner
Ferrous metals

 Issuer 

 Bookrunner 

Issues of the issuer:

 Sviaz-Bank, 03 - Domestic bonds
 Sviaz-Bank, - Promissory notes
 Sviaz-Bank, 04 - Domestic bonds
 Sviaz-Bank, 05 - Domestic bonds
 Sviaz-Bank, 06 - Domestic bonds
All issues of the issuer

Outstanding issues:

1 issue(s) outstanding worth RUR 5 000 000 000

Syndicated Loans:

 Sviaz-Bank, 3.2008
 Sviaz-Bank, 2, 8.2007
All loans of borrower

Stocks:

 Sviaz-Bank, cs   MICEX

Consolidated IFRS reports:

20121 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.


Participation in bond issues

 UK Zarechnaya, 01 (Bookrunner)
 Sviaz-Bank, 03 (Bookrunner)
 TransFin-M, 17 (Bookrunner)
 TransFin-M, 16 (Bookrunner)
 TransFin-M, ÁÎ-13 (Bookrunner)
 TransFin-M, ÁÎ-12 (Bookrunner)
 TransFin-M, 15 (Bookrunner)
 GLOBEXBANK, ÁÎ-04 (Co-lead manager)
 GLOBEXBANK, ÁÎ-06 (Co-lead manager)
 MMK, ÁÎ-07 (Bookrunner)
View all issues


Arranged Syndicated Loans:

 Belvnesheconombank, 06.2011 (Bookrunner)
All loans


 




Rambler's Top100