News

05/28/2018 Memorandum of Understanding Signed between Expobank and Korea Trade-Investment Promotion Agency (KOTRA)

Expobank signed the Memorandum of Understanding for Trade Agent Services with Korea Trade-Investment Promotion Agency (KOTRA). The MoU signing is aimed at development of trade and economic relations between Russia and South Korea and serves as important instrument of assistance in imports and exports of goods between the two countries.

05/16/2018 Expobank Participates in Major Business Festival: Korea Brand & Entertainment Expo

In cooperation with Korean Trade-Investment Promotion Agency (КОТRА), the trade department of the Embassy of the Republic of Korea in Russia, Expobank has participated in Korea Brand & Entertainment Expo (KBEE). This international event which has been taking place in various countries (UK, France, Brazil, China) since 2010 is one of the most significant events in foreign trade, and in 2018 it was first hosted in Russia.

03/27/2018 EMEA Finance Awards ‘Best M&A Deal of Year’ to Expobank for Acquisition of Yapi Kredi Moscow

In December 2017 Expobank LLC closed the deal on acquisition of Moscow subsidiary of Yapi Ve Kredi Bankasi A.Ş. At its annual Achievements Awards ceremony, EMEA Finance Magazine that covers capital and financial markets in Europe, Middle East and Africa recognized this acquisition as the Best M&A Deal in 2017.

03/02/2018 ACRA Affirms Expobank’s Rating at BBB+(RU), Outlook Stable

Analytical Credit Rating Agency (ACRA) has affirmed Expobank LLC’s credit rating at ВВВ+(RU), Outlook Stable. According to experts, the rating reflects sustainable business profile of the Bank, its high capital adequacy and strong liquidity position.

12/01/2017 Expobank Successfully Closes Acquisition of Yapi Kredi Bank

Expobank has successfully purchased JSCB Yapi Kredi Bank Moscow from Turkish Yapi ve Kredi Bankasi A. S. The deal was closed within the target time frame after it was approved by the Central Bank of Russia.

10/26/2017 Expobank to Buy Subsidiary of Yapi Ve Kredi Bankasi A.S.

Expobank has signed an agreement with Yapi ve Kredi Bankasi A. S., Turkey, to buy 100% shares of JSCB Yapi Kredi Bank Moscow.

10/13/2017 Expobank LLC and Expobank CZ Participate in MSV-2017

Expobank Russia together with Expobank CZ took part in the 59th International Engineering Fair ‘MSV-2017’ held annually in the Czech city of Brno.

10/05/2017 Fitch Affirms Expobank’s Rating at ‘B+’

Fitch Ratings, London/Moscow, has affirmed Expobank LLC’s Long-Term Issuer Default Rating (IDR) at ‘B+’, Outlook Stable.

03/21/2017 Expobank is one of the best banks among the most efficient and profitable banks

The Bank scored 7th in the rating of the most efficient banks and was among the most profitable Russian banks as of 01 January 2017, according to the calculations made by Kommersant Magazine (issue of 16 March 2017) based on the Interfax-CEA data.

03/03/2017 ACRA Assigns BBB+(RU) to Expobank LLC, Outlook Stable

Analytical Credit Rating Agency (ACRA)* has assigned to Expobank LLC a credit rating of ВВВ+(RU), Outlook Stable. According to experts, factors contributing to such assessment are high capital adequacy and strong liquidity and funding positions.

02/01/2017 Expobank presents a new version of Expo-online mobile application for individuals

The service is of particular interest for people who lead an active life and value every minute of their time.

11/17/2016 Annual Report of Expobank Winning the Expert Rating Agency Award

2015 Annual Report of Expobank is the winner of Design and Graphic Arts and ranks first among financial institutions.

10/21/2016 Fitch Affirms Expobank’s Rating at ‘B+’ Outlook Stable

Fitch Ratings, London/Moscow, has affirmed Expobank LLC’s Long-Term Issuer Default Rating (IDR) at ‘B+’, National Long-Term Rating – at ‘A-(rus)’, Outlook Stable. The ratings reflect the Bank’s high return on equity and capital adequacy, and its low need for refinancing from the market.

08/29/2016 Expobank’s Income Grows More than Twofold and Stands at RUB 2.9 bln

Expobank has demonstrated stable growth of its financials and a significant income increase.

08/02/2016 Expobank Successfully Completes Merger of Bank ‘Expo Finance’ (Former RBS Russia)

Expobank LLC has completed merger of Bank ‘Expo Finance’ AO (former the Royal Bank of Scotland ZAO). The transaction on acquisition from the Royal Bank of Scotland of its Russian asset was closed on 1 April 2016. The reorganization process started in May 2016.

07/04/2016 Igor Kim Acquires RBS in Kazakhstan

Igor Kim has finalized the acquisition of the Royal Bank of Scotland's subsidiary bank in Kazakhstan and has become its sole shareholder.

06/10/2016 EMEA Recognizes Expobank’s Acquisition of RBS Russia Best M&A Deal

In April Expobank closed the deal on acquisition of the Royal Bank of Scotland’s Russian subsidiary. On 9 June 2016, during its Achievements Awards ceremony, EMEA Finance Magazine that covers capital and financial markets in Europe, Middle East and Africa recognized this acquisition as the Best M&A Deal in 2015.

04/29/2016 EMEA Finance Again Recognizes Expobank as Best Russian Bank

Expobank again has received the EMEA Finance Europe Banking Award, nominated as the Best Bank Operating in Russia based on the 2015 results.

04/29/2016 Expobank’s IFRS Return On Equity in 2015 Exceeds 25%

Based on the 2015 results, Expobank has demonstrated growth of its financials and high RoE, which is supported by the consolidated statements prepared by E&Y in compliance with IFRS.

04/20/2016 RusRating Upgrades Outlook for Expobank Credit Ratings from ‘Stable’ to ‘Improvement Possible’

RusRating has upgraded the outlook for Expobank LLC credit ratings from “Stable” to “Improvement Possible”. The Bank’s national credit rating has been affirmed at “AA-” and international – at “BBB-”.