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Gazprombank
Native name
Газпромбанк
"Public company
Industry "Financial services
Founded 1990; 27 years ago (1990)
Headquarters "Moscow, "Russia
Key people
"Andrey Akimov ("CEO)
"Alexei Miller ("Chairman)
Products "Financial services
Increase "RUB 112 billion (2015)
"Profit Decrease "RUB 47.7 billion (2015)
"Total assets Increase "RUB 5.122 "trillion (2015)
"Total equity Increase "RUB 530.4 "billion (2015)
Owners "Gazprom (35.5%)[1]
Number of employees
12,700 (2013)
"Subsidiaries "Gazprom-Media
Rating Ba2 (Moody's), BB+ (S&P), BB+ (Fitch) (2017)[2]
Website www.gazprombank.com

Gazprombank ("Russian: Газпромбанк), or GPB (JSC), is a state-owned Russian bank, the third largest bank in the country by assets.[3]

The bank’s principal business areas are corporate banking, retail banking, investment banking and depositary services. Its banking activities also include securities trading, foreign exchange operations, precious metals operations, clearing operations and settlement services.

The bank has a distribution network of 43 branches and over 260 banking outlets located throughout the Russian Federation. GPB also has ownership interests in three other Russian banks. In addition Gazprombank is represented in the markets of Belarus and Switzerland through ownership interests in two foreign banks: Belgazprombank (Belarus) and Gazprombank (Switzerland) Ltd. Gazprombank also has representative offices in "Mongolia, "China and "India.

Contents

History[edit]

In August 2005, it purchased "Gazprom Media, the largest Russian media holding, which includes the "NTV channel and "Izvestia newspaper, from the bank's parent company "Gazprom.

The bank was nominated in 2014 for the annual Emerging Market Bond Awards, hosted by EuroWeek.[4]

In July 2014, the United States Department of Treasury imposed sanctions on Gazprombank OAO that prohibit U.S. persons from providing it with new financing.[5] In response, Gazprombank contracted former U.S. Senator "Trent Lott to lobby on its behalf against the sanctions.[6]

Management[edit]

As of December 2011:

Chairman of the Board of Directors

Chairman of the Management Board

List of affiliated persons of Gazprombank (as of December 31, 2011)):[7]

References and notes[edit]

  1. ^ http://www.gazprombank.ru/eng/about/shareholders/
  2. ^ "Рейтинг банков - 2017 (таблица)". Forbes.ru. 23 March 2017. Retrieved 1 May 2017. 
  3. ^ "Russia’s largest private bank is rescued by the central bank". The Economist. Retrieved 1 September 2017. 
  4. ^ Barnett, Ryan. "Gazprombank shortlisted by EuroWeek for 'Deals of the Year 2013'". CISTRAN Finance. 1/29/14. Retrieved 2/5/14.
  5. ^ U.S. Department of Treasury. "Announcement of Treasury Sanctions on Entities Within the Financial Services and Energy Sectors of Russia, Against Arms or Related Materiel Entities, and those Undermining Ukraine's Sovereignty" 7/16/2014. Retrieved 7/31/2014.
  6. ^ Cohen, Alexander (September 2, 2014). "Russian bank hires two former U.S. senators". "Center for Public Integrity. Archived from the original on September 15, 2014. Retrieved September 21, 2014. 
  7. ^ Information in Russian from the official web site of Gazprombank)

External links[edit]

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