SMP Bank

SMP Bank has earned reputation of a bank with dynamical growth and high reliability on Russian and international markets. SMP Bank's assets exceed USD 600 mln. Currently, SMP Bank with its head-office located in Moscow, has a wide retail network in industrial centres of Russia. SMP Bank participates in the customer deposit insurance porgramm of Rus... sian Federation. It possesses also a considerable experience of cooperation on international financial markets. Thus, strengthening its cross-border relations, SMP Bank has become the first Russian partner of the Danish SAXO BANK, providing its customers access to deals with the most comprehensive scope of financial instruments. Over several years SMP Bank has indicated its permanent business interest in Baltic region, and SMP Bank's strategy invisages further strengthening of its positions in EU member countries. JSC "SMP Bank" has attracted interest of SMP Bank by its well developed regional network in the largest cities of our country, as well as by its continuous history of stable professional operation. As a result of transfer to SMP Bank of 93 percent of JSC "Multibanka's" shares, the Latvian entity becomes a daughter company of the Russian bank. Cooperation with business units of SMP Bank, will deliver to the Bank even wider opportunities for development of its financial services - both in scope and range, providing favourable conditions to its customers for settlements with business partners in Russia, as well as for attractive investment opportunities on Russian financial market. Currently, the Bank is already offering to its clients Services for deals with a wide scope of financial instruments, based on the up-to-date technological platform „Multibanker". The decision has been taken to change the name of AS „Multibanka", which, after completion of registration process, will be AS „SMP Bank". Brand name of SMP Bank will be promoted on Latvian financial market through a set of special activities, to be provided by the Bank. Further operations of the Bank ...Read More