OJSC JSCB Rosbank (CBR Licence #2272 from 27.01.2003) is the largest privately owned bank in Russia (it operates about 700 outlets, covering over 70 Russia’s regions). The bank operates in Belorussia and Switzerland through Belrosbank (Minsk) and Rosbank SA (Geneva).
Societe Generale is the principal shareholder of Rosbank, in February 2008 the Group exercised the option to increase its stake to 50 % plus 1 share hence taking control of Rosbank. In May 2008 SG increased its stake to 57.6%. In May 2009 Societe Generale Group acquired an additional stake of 7% in Rosbank shares from its Russian partner Interros. Further to this acquisition, Societe Generale owns 64,7% of the shares of Rosbank.
Rosbank is one of the leading players in Russian banking market. The Banker magazine (2008, July) ranked Rosbank 347th among banks globally in terms of shareholders’ equity. Since its inception the Bank's financial indices had a positive record. Rosbank is rated by Moody’s, Standard & Poor’s and Fitch.
Rosbank’s primary activities include retail and corporate banking, investment banking, treasury related operations, trade finance, asset management, private banking, custody and depositary services, international and domestic settlement services, credit card services.
The Bank has established correspondent relations with such financial institutions, as Bank of New York, Bank of Tokyo-Mitsubishi, Commerzbank AG, Credit Suisse First Boston, HSBC Bank USA, Sampo Bank, IntesaBCI, Nordea Bank Norge A.S.A. and others.
Rosbank is ranked second and third among Russian private banks in terms of assets and capital. Over the last few years, Rosbank has been demonstrating rapid growth of all the key indicators.
Rosbank has won a British The Banker magazine’s “Bank of the Year Awards 2008” in the category “Bank of the Year in Russia”. The announcement was made at the Ceremony held in London, November 26, 2008.
