Corporate profile
Bank Petrocommerce was founded in 1992 and has developed into a financial institution pursuing a universal bank model. Bank Petrocommerce offers a full range of services, including corporate, retail and investment banking.
Bank Petrocommerce has three fully consolidated bank subsidiaries:
− Stavropolpromstroybank
− Komiregionbank Ukhtabank
− Bank Petrocommerce-Ukraine
Bank Petrocommerce is listed among the TOP 20 largest private Russian banks; it has a well-developed regional network providing for the Bank's presence in key economic hubs. As of 01 January 2012, Petrocommerce Banking Group combines 164 outlets (14 thereof being located in Moscow Region, 100 — in other regions of Russia, and 14 — in Ukraine), 1,470 ATMs and 7,515 POS terminals.
Bank Petrocommerce is a part of IFD Kapital Group. IFD Kapital Group was founded in 2003 as a group of mainly financial companies and has developed into one of the largest holdings of direct investments in Russia. The business of IFD Kapital Group is highly diversified into oil and gas, finance and banking, pension funds, real estate, power generation, mass media and high-tech.
Our key strength
The Bank follows a focused strategy which allows it to succeed even in unfavourable market conditions by efficiently using its internal resources and benefiting from its valuable experience.
Key strengths:
- qualified shareholders with an excellent business track record
- strong management team
- significant market share in Russia
- expertise in providing banking services to key clientele groups — large and medium-sized enterprises, high net worth individuals (managers/top managers, businesspersons) and middle class customers (consisting of the employees of the Bank's corporate customers)
- efficient regional policy assured by effective cost management and significant regional diversification of the Bank's business
- top-rated risk management team
- relatively low dependence on borrowings from international markets and highly diversified funding base
Bank Petrocommerce is proud of its name which is listed among the TOP 15 brands of major Russian banks.
Bank Petrocommerce traditionally concentrates its efforts on high quality of its assets and effective risk management. In 2008, Rating agency Expert RA assigned the highest possible rating of «A. rm» to the Bank's system of risk management.
Financial reliability and stability of Bank Petrocommerce is proved by high ratings assigned by the leading international and Russian rating agencies: Standard&Poor's, Moody's, Expert RA, RusRating, etc.