Master Bank (JSB) was a private bank in Moscow. As of 2012, it was the 69th largest bank in
Russia
Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eig ...
.
[''The Moscow Times'', 15 October 2012,]
Master Bank's License Under Threat
. Accessed 17 October 2012. In November of 2013, its bank license was withdrawn by
Central Bank of Russia
The Central Bank of the Russian Federation (CBR; ), doing business as the Bank of Russia (russian: Банк России}), is the central bank of the Russian Federation. The bank was established on July 13, 1990. The predecessor of the bank can ...
.
[Information on withdrawal of bank license and appointment of a provisional administration]
// Central Bank of Russia, 20. November 2013 (in Russian)]
Activity
Master Bank provided corporate lending, lending to small and medium business, loans to physicals, servicing corporate clients, trade and project finance, international operations, issue and service of plastic cards, retail business, deposits, the operations in the financial markets etc.
History
The bank was founded in 1992. In 2010, it was assigned a credit rating A "High level of creditworthiness" (rating agency "Expert RA")
and he took 2nd place in the rating "The most reliable of the 100 largest Russian banks" magazine "Profile".
In November 2013, Master Bank's banking license was revoked by the Central Bank of Russia.
// ИА Финам, 20.11.2013.
It was a universal bank providing all types of banking services. It had 12 branches with more than 100 offices in 10 regions of Russia. The central office of Master-Bank was located in Moscow (Runovsky lane, 12).
References
External links
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Defunct banks of Russia
Companies based in Moscow