Viking Bank
Viking Bank is a Russian regional bank headquartered in Saint-Petersburg. Their corporate name is Commercial Bank "Viking" Closed Joint Stock Company. Viking Bank is a part of Russian Banking System and is governed by the applicable law of the Russian Federation, regulatory acts of the Central Bank of the Russian Federation, and the Charter. General Banking License No. 2 is issued by the State Bank of USSR on August 26, 1988. The Bank functions on the financial market as a universal credit institution.
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| Industry | Banking, Financial services |
|---|---|
| Founded | 1988(current) |
| Founder | Alexey Ustaev |
| Headquarters | , |
Key people | Alexey Ustaev (President) |
| Products | Consumer banking, corporate banking, investment banking, mortgage loans, private banking, private equity, wealth management, credit cards, |
| Website | www |
History
In August 1988, the USSR had begun the period when state banks of industry-specific branches were transformed into the commercial banks. During that period the first private commercial bank - Viking Bank - was established as an experiment (at the beginning the Bank's name was "Patent"). At that time there was no law regulating banking activity and the first Charter of the bank was developed on the basis of the Cooperation Act. Viking Bank was given the General Banking License No.2 on August 26, 1988. License No.1 was given one day before to the Union Bank in Kazakhstan that went bankrupt.
Executives
- Victor Halansky – Chairman of the Board of Directors. ScD (Economics), Professor of VAK (Higher Attestation Commission).
- Alexey Ustaev – President, ScD (Economics)
Core business areas
Investment financing of the companies in the real sector of economy is a core business area for Viking Bank.