BSGV: About bank - Strategy and Profile

About Bank >> Strategy and Profile

Joint-Stock company "Banque Societe Generale Vostok", hereinafter BSGV

100% subsidiary of the banking group Societe Generale
Founded in Moscow in 1993
Universal bank serving corporate and individual clients
Present in Chelyabinsk, Ekaterinburg, Krasnodar, Moscow, Nizhny Novgorod, Novosibirsk, Perm, Rostov-on-Don, Samara, St Petersburg, Sochi, Stavropol, Togliatti, Tyumen, Ufa, Volgograd, Voronezh, Yaroslavl
Assets – RUB 137 bln; capital - RUB 13.7 bln (as of July 1, 2010)
More than 295 000 retail and 6 700 corporate clients (as of January 1, 2010)
More than 2 000 employees (as of July 1, 2010)
Rating - Baa2 (Moody’s)
11th position in the rating of the most solid Russian banks according to Forbes (March 2010)
The quickest growing company by average annual proceeds growth in finance sector (according to the rating of the quickest growing companies in 2008, the “Sekret Firmi” magazine, October 2009)
Among TOP-5 leaders of the rating “Customer Experience Index – 2009: How are retail banks overcoming the financial storm in Russia?”, published by PWC and Senteo companies
5th position in RBC rating of the largest mortgage banks in 2009
10th position in RBC rating of the largest banks in car loans segment in 2009
RBC rating review on activity of the biggest factoring companies ranked BSGV Factoring the 9th position among the leaders of the market
BSGV takes 25th position among the banks-the biggest creditors of private companies and 20th position among the banks-the biggest retail creditors according to Profil magazine ratings as of 01 May 2010

BSGV was founded in 1993 in Moscow is a universal bank that offers to its clients (both corporate and individual) a full range of banking products and services.

Services for BSGV corporate clients include opening accounts in rubles and in foreign currencies, international and domestic transfers and e-banking.

BSGV issues VISA cards: these include corporate Visa cards which facilitate settlements in Russia and abroad and Visa cards for payroll program members:

- Business cards, that facilitate and optimize the payment of administrative and travel expenses in Russia and abroad,

- Payroll plastic cards for corporate clients’ employees

BSGV assists its clients in export and import operations, exercising documentary support, opening deal passports and consulting clients on currency control regulations.

The BSGV treasury department advises our clients on a regular basis on the latest developments in stock, financial and monetary markets, carry out foreign currency transactions, offer hedging, deposit services. BSGV corporate clients, both large companies and small and middle-sized enterprises, are granted loans of different kinds for various purposes (working capital and investment loans, short-term and medium-term goals, credit lines, term loans and overdrafts etc.).

BSGV has extended its activity to leasing and factoring operations which allows its clients to benefit from the advantages provided by this kind of transactions.

BSGV offers its clients the services in structured commodity finance sector that is the specialization of the Societe Generale group recognized worldwide.

BSGV’s offer for individual customers includes day-by-day banking (such as opening and servicing current and savings accounts in rubles, dollars and euros, cash operations), savings and fixed term deposits in different currencies.

The Bank has elaborated for its individual clients banking services packages on the base of one or another type of plastic card: "Tradition", "Tendency", "Prestige", "Premium", "Youth" package.

BSGV credits individual clients granting a wide range of loans – consumer loans (home renovation loan, travel loan), car loans, loan for purchasing a motorcycle, mortgage loans.

Especially for young customers BSGV has elaborated the program “Youth Bank”. This package includes Youth current account, Youth Visa cards, Youth Fixed-Term Deposit, Educational Loan and MBA Loan.

During 17 years of its activity, BSGV has gained its place in the Russian market through winning the confidence of its clients which really appreciate the professionalism and quality of services provided by the Bank. To date there are 2000 employees in BSGV. The Bank is represented in 18 cities and has 66 offices.

We constantly develop and create new business solutions in accordance with developments in the Russian banking market and the growing needs of our clients.