The bank was established in 1995 in St. Petersburg under the name "Menatep St. Petersburg" as one of the subsidiaries of the Moscow bank "Menatep". Initially, Menatep SPb was created as a mono-office bank operating in the North-West region. However, as a result of the crisis of August 1998, when Menatep stopped operations, the main part of its business was transferred to Menatep SPb and Trust and Investment bank(DIB). During the distribution of assets, Menatep SPb received a branch network and card business of the bank, and DIB got most of financial flows Yukos. At the same time, Menatep SPb Bank managed to get support from the management of Gazprom, which led to significant changes in the composition of the bank's owners and gave impetus to the development of a new line of business. In 2000, the bank, acting in the form of a CJSC, was transformed into an OJSC. In August 2015, the legal form was changed to PJSC.
In the summer of 2004, the management of IB Trust (former DIB), headed by the chairman of the boards of directors of both banks, Ilya Yurov, completed a deal to buy out ownership rights in relation to controlling stakes in Trust and Menatep SPb banks from the previous owners. As a result, ownership of 99.3% of the shares of "Menatep SPb" was transferred from MFO "Menatep" to the management of the investment bank "Trust". In March 2005, the bank was renamed into an open joint-stock company“National Bank “Trust” (NB “Trust”), in November 2006, “moved” from St. Petersburg to Moscow, and two years later completed the long-announced deal to join the IB “Trust”.
Until the end of December 2014 the main shareholder credit institution JSC " Management Company"Trust" (93.77% of shares), the ultimate owners of which, according to a complex ownership scheme, were members of the board of directors of the bank Ilya Yurov, Sergey Belyaev and Nikolai Fetisov. Directly, Ilya Yurov owned a share of almost 4.5% of the shares of NB Trust. It should be noted that the bank's management was interested in attracting a third-party investor, in particular, Rosneft Oil Company was mentioned. In December 2013, the board of directors of the credit institution decided to increase the authorized capital by issuing and placing additional ordinary registered book-entry shares of the bank. In the case of placement of the additional issue in full, the authorized capital of the credit institution should have increased by 25%.
On December 22, 2014, the Bank of Russia decided to reorganize NB Trust, which at that time ranked 28th in terms of net assets. Otkritie Financial Corporation Bank was appointed as a sanatorium. The Central Bank decided to sanitize Trust Bank with the participation of an investor, based on the assessment of the Deposit Insurance Agency of the amount of capital shortage in the amount of 67.8 billion rubles. The entire sanation procedure was estimated at 127 billion rubles, of which 99 billion was provided by the regulator in the form of a loan from the DIA for financial assistance Trust, and additional credit for 28 billion was received by a sanatorium bank to cover the imbalance between fair value assets and liabilities of the bank. Already in December 2015, Kommersant wrote about the appeal of the Otkritie holding to the DIA for additional funding for the reorganization of Trust, since during the reorganization the volume of the previously announced “hole” increased. According to press reports, the holding needed about another 47 billion rubles in addition to the previously received 127 billion. According to the financial recovery plan, FC Otkritie was supposed to complete the accession of Trust by the end of 2020.
On August 29, 2017, the Bank of Russia decided to implement measures aimed at increasing financial stability FC Otkritie Bank, within which the participation of the regulator itself as the main investor was planned using Money Management Company "Banking Sector Consolidation Fund", which is under the control of the Bank of Russia. On December 11, 2017, the Bank of Russia officially became the owner of over 99.9% of the shares of FC Otkritie Bank.
On March 15, 2018, the temporary administration in the person of the FKBS Management Company was already introduced in Trust Bank for a period of six months. On March 20, 2018, the Central Bank decided to reduce the authorized capital of Trust to one ruble. At the same time, it was repeatedly reported earlier that a bank of “bad” debts should be created on the basis of the Trust, to which the “bad” and non-core assets of Binbank, Otkritie, Growth Bank, AVB Bank, Promsvyazbank will be sent. Deputy Chairman of the Central Bank Vasily Pozdyshev confirmed at a meeting with journalists the information that the bank of "bad" debts would be created on the basis of the Trust's license, and made it clear that the bank might subsequently hand over banking license and will perform new functions in the status of a private equity fund.
In July 2018, on the basis of Trust Bank, the creation of a bank of non-core assets was completed. The key stage in its formation was the legal and operational merger of Rost Bank JSC with Trust Bank. By the end of 2018, it is expected to join the structure of Otkritie Special Bank JSC. Since May 14, 2018, the Central Bank of the Russian Federation has been the owner of more than 99.9% of the shares of Trust Bank.
The head office of the bank is located in Moscow; as of July 1, 2018, its regional network included three branches (Moscow, St. Petersburg, Vladimir), one additional and 35 operating offices. In the first half of 2018, the branch in Cherepovets was transferred to the status of an operational office. On September 30, 2018, the bank announced the closure of a branch in Vladimir. The bank's own network of ATMs is insignificant, however, a wide network of ATMs of the banks of the Otkritie group is available to customers. According to the latest available data, the headcount of the bank at the beginning of 2018 was 2,226 people (a year earlier - 3,994 people).
Today, the main task of Trust Bank is to work with distressed and non-core assets and actively manage the portfolio to increase the level of return of funds.
In the list of bank services for individuals currently there are bank cards (Visa and MasterCard), demand deposits, mortgages, payments, remote banking services, travel online service. However, in September 2018, the bank announced the termination of development retail business. Services for corporate clients presented by the RSC. At the same time, in terms of lending, only repayment of loans is currently offered.
From the beginning of January to the beginning of September 2018, the net assets of the credit institution increased by 2.3 times, amounting to 1.4 trillion rubles. In the passive part of the balance sheet growth was financed by loans from the Central Bank. At the same time, the bank's capital, calculated according to the Central Bank's methodology, continued its decline: its negative value for the period under review increased from 192.2 billion to 675.2 billion rubles. In assets over the corresponding period, investments in the capital of other organizations, a portfolio of securities and loan portfolio legal entities.
Due to the fact that the bank is currently undergoing a financial recovery procedure, 90.2% of its liabilities at the beginning of September 2018 formed loans attracted from the Bank of Russia (at the beginning of 2018, loans from the Central Bank were absent in the liabilities of a credit institution). Share of client funds in liabilities for reporting date barely exceeded 4%, of which 3.2% accounted for deposits of individuals. The bank's capital shows a negative value (-675.2 billion rubles according to the methodology of the Central Bank as of the reporting date).
As of September 1, 2018, the portfolio of securities prevailed in the structure of assets with a share of 31.2%. A slightly smaller share was occupied by the loan portfolio - 30%. Investments in the capital of other organizations amounted to 23.4%, the portfolio of issued interbank loans - 3.6%, highly liquid assets - 0.4%. Other assets accounted for another 11.3%.
The loan portfolio for the period under review grew by more than one and a half times due to corporate loans, which by the reporting date formed 81% of the entire portfolio. The remaining retail portion of the portfolio is predominantly represented by consumer loans. The level of overdue debt in the total portfolio is 46.3% (at the beginning of 2018 - 43.3%). Reserves provided 53% of the portfolio (40.7%). In the sectoral structure of corporate loans, according to the reporting at the beginning of July 2018, about half of the portfolio was formed by “other activities”. A significant part of the portfolio of legal entities also accounted for loans granted to non-resident legal entities (including the right to claim under contracts for the provision of funds), as well as “real estate transactions”.
The securities portfolio - 439.9 billion rubles, increased by 71.4% over the period under review. The portfolio is 69% formed by investments in bonds, and the rest is stocks. The majority of securities are held by corporate issuers. A significant part of all investments is reserved: as of the reporting date, total reserves exceed 60% of total investments in securities. Intra-monthly turnovers on the securities portfolio show uneven dynamics.
In the interbank loan market, the bank previously acted as a net borrower, however, since 2018, intra-month borrowing volumes have gradually decreased to an insignificant amount, and in July-August the bank increased its placement turnover to 680-760 billion rubles (mainly in Russian banks).
In January-August 2018, the bank's loss amounted to 72.5 billion rubles, in 2017 - 145.2 billion rubles.
Supervisory Board: Ksenia Yudaeva (Chairman), Mikhail Zadornov, Ilya Bakhturin, Alexei Moiseev, Mikhail Irzhevsky, Alexei Simanovsky, Elena Titova.
Governing body: Alexander Sokolov (chairman), Artem Kirillov.
The National Bank "Trust", founded in 1995, is one of the largest Russian retail banks in terms of assets (159.34 billion rubles). The bank's profit in the first half of 2015 amounted to 3.45 billion rubles*. In December 2014, in response to an appeal from Trust Bank to the Central Bank of the Russian Federation for financial support, the Bank of Russia took a decision on measures to financially rehabilitate the bank. Otkritie Holding and Otkritie Financial Corporation Bank, the parent organization of the Otkritie banking group, were chosen by investors to reorganize Trust Bank. Since 2015, Trust has been part of the Otkritie financial holding. Together with Otkritie Banking Group (FK Otkritie Bank and KhMB Otkritie Bank), Trust forms the largest private banking business in a country whose assets exceed 3 trillion rubles, the number of private clients is about 4 million people, clients - legal entities- about 190 thousand. As part of Otkritie, Trust is developing as a universal retail bank.Briefly: The history of TRUST Bank began in 1995. During these fifteen years, the bank has been growing and developing successfully, thanks to which, in terms of assets, it is annually included in the list of the thirty largest Russian banks. Today, TRUST Bank is one of the leaders in the investment banking market, largely due to one of the most experienced and professional investment banking teams. This financial institution offers comprehensive services to corporate enterprises and a wide range of services to private clients. The bank annually receives international awards, holds leading positions in various banking ratings, which confirms its success and the correctness of the chosen development strategy.
Services for individuals and organizations:
And other types of banking services.
On the site JSC "National Bank "TRUST"" you will find all the necessary information about the services provided.
For detailed information about the locations of ATMs of JSC National Bank TRUST, as well as branches and branches in Moscow or throughout Russia. You can visit the page ATM addresses or Addresses of departments and branches
The list of issued and serviced plastic cards of JSC "National Bank" TRUST ", you will find in the section Plastic cards List of granted loans and more detailed information about lending is on the page Credits
Do you want to work for JSC National Bank TRUST, one of the largest organizations in Russia? Then it's time to get acquainted with the list of vacancies in the section
