News from sovcombank A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle.

Latest

Sep 26, 2019, 14:30 ET Sovcombank Raises USD 200m Syndicated Loan

PJSC Sovcombank announced the signing of the debut syndicated facility agreement with a group of international banks in the amount of USD 200 000 000 ...


Sep 25, 2019, 17:30 ET Sovcombank Becomes a Founding Signatory of the United Nations Principles for Responsible Banking

Sovcombank becomes the first Russian bank to become a Founding Signatory of the UNEP FI Principles for Responsible Banking, committing to...


Sep 05, 2019, 07:30 ET Sovcombank's 1H 2019 Net Profit Hits RUB 13 Billion

Sovcombank's net profit grew by 21.2% y-o-y. Net interest income increased by 24% to RUB 26.4 bn (billion), whilst net fee and commission income rose ...


Jul 12, 2019, 13:00 ET Sovcombank Named Best Bank in Russia by Euromoney

According to Euromoney, low interest rates and returning consumer confidence created a fertile environment for Russia's retail lenders last year. The ...


Apr 25, 2019, 13:45 ET Sovcombank Co-arranges the Offering of 6-year STLC Eurobonds for $500 Million

State Transport Leasing Company (STLC, PJSC), a major Russian public company, has completed the offering of eurobonds for $500 million via the...


Apr 25, 2019, 09:00 ET Sovcombank Invests in Artificial Intelligence

Sovcombank PJSC acquired 25% of Aviatsionnye Tekhnologii Svyazi LLC (ATS), the company engaged in robotization of call centers based on artificial...


Apr 11, 2019, 08:00 ET Sovcombank Opens 10bn Roubles Credit Line to Sistema JSFC

Sovcombank PJSC and Sistema PJSFC, a Russian public diversified holding company, has signed an agreement on opening an unsecured line of credit. The...


Apr 10, 2019, 09:30 ET Sovcombank Acts as Co-arranger of EuroChem's $700m Eurobond Issue

In March 2019, EuroChem Finance Designated Activity — a special-purpose vehicle (SPV) created to raise funds in the capital markets for the needs of...


Mar 20, 2019, 08:52 ET Rusatom Infrastructure Solutions and Sovcombank to Upgrade Infrastructure of 27 Russian Towns

Sovcombank will become a financial partner in the project of modernising centralised water supply and sewerage systems in the town of Lesnoy,...