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News

Expert RA Assigns Reliability Rating to Bank Petrocommerce’s Bonds
25 August 2010

On 24 August 2010, Expert RA Russian Rating Agency assigned A+ reliability rating to Bank Petrocommerce’s bond issues of 04, 05, 06, and 07 series

Expert RA Affirms Credit Rating of Bank Petrocommerce
16 June 2010

On 15 June 2010, Expert RA Rating Agency affirmed its A+ credit rating assigned to Bank Petrocommerce (“Very high credit standing”).

General Meeting of Shareholders Approves 2009 Annual Report and Elects Board of Directors
26 May 2010

On 25 May 2010, the General Meeting of Shareholders of Bank Petrocommerce approved the annual report and annual financial statements, including the statement of income for 2009.

Bank Petrocommerce to Distribute Two Bond Issues Totaling RUR 8 bln
20 May 2010

On 18 May 2010, the Board of Directors of Bank Petrocommerce approved a resolution to distribute two ruble denominated bond issues: 08 series bond issue with the total par value of RUR 5 bln and ÁÎ-01 series commercial paper issue with the total par value of RUR 3 bln.

Standard & Poor’s Revises Outlook on Bank Petrocommerce to ‘Stable’
12 April 2010

On April 04, 2010, Standard & Poor’s revised the outlook on the credit ratings of Bank Petrocommerce to ‘Stable’ from ‘Negative’

Bank Petrocommerce Ranks among TOP 3 Russian Factors
7 April 2010

The ‘Expert’ Magazine published the ranking of leading Russian factors by the amount of assigned receivables.

Bank Petrocommerce Redeemed Eurobonds in the Amount of US$425 mln
22 December 2009

On 17 December 2009, Bank Petrocommerce fully redeemed 3-year unsecured Loan Participation Notes in the amount of US$425 mln.

Bank Petrocommerce Distributes Fifth Bond Issue Totaling RUR 5 bln at 12.75 per cent p.a.
21 December 2009

On 17 December 2009, Bank Petrocommerce made a complete placement of 5-year ruble denominated bond issue of 05 series at par value of RUR 5 bln.

Bank Petrocommerce Ranks among TOP 500 Largest Companies in Russia
1 October 2009

Bank Petrocommerce entered the annual ranking ‘The TOP 500 largest companies in Russia in 2008’ by the Finance magazine.

Standard & Poor’s Affirms Credit Ratings of Bank Petrocommerce
14 September 2009

On 11 September 2009, Standard & Poor’s international rating agency affirmed credit ratings of Bank Petrocommerce.