Sovcombank's reliability rating

On the territory of the Russian Federation there are about 600 different banks. Periodically, this figure is changing - some organizations are closing, new ones are taking their place. And it is because of some instability that modern people first find out about the reliability of this or that enterprise before they go anywhere for services.

However, there are organizations that you can trust and so. They are in the TOP-100, as a rule. And I would like to note with particular attention the rating of Sovcombank, which is well advertised.

general information

So, the subject of discussion is a universal Russian bank, whose head office is located in Kostroma. This is a public company. Sovcombank's rating is high: the institution ranks 19th among all financial organizations in Russia. The amount of its assets is more than 501 billion rubles (at the time of December 2016).

Also, the organization is included in the state deposit insurance system, which is an additional reason for trust (the maximum amount of compensation is 1,400,000 rubles).

By the way, there is a bank since 1990. True, initially he had a different name. And it sounded like Buycombank.

It is worth noting that the organization is not under the actual control of an individual or legal entity. Its beneficiaries are a group of Russian businessmen and key members of Sovcombank's management.

Investment activities

This sphere is very much loved by financial organizations. That's just not all of them can prove themselves properly. But Sovcombank's rating is impressive. Moreover, on December 9, 2016, the annual award ceremony for the Cbonds Awards took place. The best banks of Russia acted as contenders for the award. And there were 24 nominations. Sovcombank became the winner in two of them. He was recognized as the best investment bank for working with municipal entities and subjects and organizer of secondary bond placement.

The organization also received two second places. As the 2nd best investment bank, working with companies of 3rd and 2nd tier of borrowers, as well as with financial institutions.

After the ceremony, the Deputy Chairman of the Board of the organization said that, despite the rather high level of competition in this area of activity, they will strengthen their positions on the priority investment direction in our time.

Official confirmation of reliability

At the end of November 2016, it was announced that the credit rating of Sovcombank is now designated as "A-". It was appropriated by an organization you can trust. Namely, an analytical credit rating agency (ACRA).

Leading experts note: "Sovcombank" can boast of stability. He takes a satisfactory position on the risk profile, has a good policy for managing liquidity, and he has a very adequate business profile.

Also, attention was paid to the company's stable franchise in retail lending and strengthening positions in lending to solid business.

Active Development

As it was already possible to understand, Sovcombank's rating on reliability is very good. 2016 is an additional confirmation. Why? Because in 2016 many offices and branches of this bank appeared all over Russia. This testifies to the reliability of the organization and the general demand for its services.

Own offices in October appeared in popular resort towns - Sochi and Essentuki. Also in the capital of Karachaevo-Cherkessia and the city of Donetsk in the Rostov region. In November 2016, one branch was added to Yaroslavl, Novokuibyshevsk, Neftegorsk, Leninogorsk and Tchaikovsky. But that's not all. Not so long ago, branches were opened in Vilyuysk, Yakutsk, Kurtamysh, Vyborg, Volkhov, Rostov-on-Don and Tevriz (a city-type settlement).

In general, according to the latest statistics (01.06.16), this bank serves about 1,500,000 people living in 947 settlements in 65 different regions of the Russian Federation.

Customer Support

As you can already understand, Sovcombank is a good and reliable organization. What place in the ranking he takes, it was also said. Now we can note some special offers that demonstrate the organization in a better light.

There is an excellent program in this bank to improve credit history. And many use it. It is carried out in three steps, and the first is known as the "Credit Doctor". The meaning is this: a person, having provided a passport and a second document to choose from, takes a small loan - 4,999 or 9,999 rubles (for a period of 3 to 6 or 6 to 9 months, respectively). 40% per annum. It is a loan that is not taken to help yourself financially. And to "clean" your credit history. Having borrowed 5 000 from the bank, at the end of the term, the person will give 5 500 rubles. He will receive not only a "plus" in the credit history, but also a MC GOLD card and insurance for 50,000 rubles.

The second step is the "Money on the card" service. 10 000 or 20 000 rubles for 6 months at the same interest with the same principle. The third step is "Express Plus". Loan at 29% or 39% per annum for the amount of 30 to 60 thousand rubles, for a period of 6, 12 or 18 months.

Having gone through all three steps, a person is guaranteed to "bleach" his credit history. Not surprisingly, Sovcombank has an excellent rating. Reviews of his customers, by the way, once again confirm this.

For business

This financial organization works not only with individuals, but also with domestic enterprises of various orientations. And for this kind of activity all that is necessary is for Sovcombank. On what place in the rating it stands, it has already been said. Now a couple of words can be said about business services, due to which, in many ways, it has achieved such a high position.

So, for example, the bank offers each client to become its partner, agent or representative for services for legal entities.

That's not all. Also services are provided in the capital market, which relate to the issue of bonds and the development of the private equity business. This includes securitization, syndicated loans, provision of guarantees to the CBR, bridge financing, issuing documentation, analytics and much more.

What else is worth knowing?

Experts, who determine the place in the rating of Sovcombank, agree: at the national level, this organization is fully responsible for its credit obligations. It is reliable for depositors, and is resistant to stress. At the international level, of course, Sovcombank can also repay its obligations, but the influence of negative factors is more vulnerable.

In general, its popularity is growing. Over the past year, for example, the volume of deposits of the population has significantly increased - by 1.83%. The total amount of deposits, by the way, is 105 082 313 000 rubles. That is, by the volume of deposits, Sovcombank ranks 25th among all Russian financial organizations. Which is also a worthy indicator.