Bank ZENIT was formed in December 1994 by the Academy of National Economy under the Government of the Russian Federation, Tatneft Oil Company and a number of other legal entities. The Chairman of the Bank's Board of Directors was Mr Alexey A. Sokolov , one of the Bank's founders. In May 2015, Mr Nail U. Maganov, Chairman of the Management Board of OJSC "Tatneft" named after V.D. Shashin, was appointed Chairman of the Bank's Board of Directors. The Chairman of the Bank's Management Board is Mr Oleg A. Mashtalyar, appointed in November 2017.
Bank ZENIT sees provision of a full range of corporate services as one of its major business lines. Bank ZENIT actively develops and promotes retail services and offers its retail clients a full line of banking products, including deposits, mortgage loans, consumer loans and car loans, bank cards and safe deposit boxes. Also, the Bank holds a strong position on the private Banking.
Bank ZENIT holds the following ratings from international ratings agencies: Ba3/Positive (from Moody's) and BB/Stable (from Fitch).
Being an active debt market player, Bank ZENIT has successfully completed the projects of raising ten international syndicated loans, placing two Eurobond issues (the debut and second issues were repaid in 2006 and 2009 respectively) and eighteen issues of the Bank's ruble-denominated bonds. There are now four classic bonds and six exchange-traded bonds issued by Bank ZENIT in circulation. Bank ZENIT's bonds are included in Quotation List A, Level 1, of the CJSC "MICEX Stock Exchange" and in the Lombard List of the Bank of Russia, which is another confirmation of Bank ZENIT's high level of reliability and financial stability.
Being a member of the Association of Russian Banks, represented in the Council of the Association, Bank ZENIT actively participates in the reforms underway in the Russian banking sector.
The Bank is involved in charity and sponsorship activities supporting sports, such as ice hockey, rugby, rafting, sporting and auto racing. In addition, the Bank successfully carries out the charity projects aimed at supporting children and children's institutions.
About ZENIT Banking Group
Banking Group ZENIT was formed in 2005 as a result of the acquiring by Bank ZENIT of a controlling stake in JSB Devon-Credit (OJSC, currently PJSC). In 2007, the Banking Group acquired OJSC Lipetskkombank (currently PJSC) and JSB Sochigazprombank LLC (later renamed into Bank ZENIT Sochi, currently JSC). OJSC Spiritbank (the city of Tula, currently PJSC) joined the Group in December 2008.
According to the consolidated financial statement of the Banking group for 2013, made in accordance with IFRS, Tier 1 capital of the Banking group amounts to RUR 28,7 bn, assets amount to RUR 299,9 bn.
The Banking Group ZENIT maintains presence in 27 out of 85 Russian regions. Its proprietary sales network has 172 branches. The Group provides full-scale banking services along the following lines: comprehensive servicing of corporate customers; retail servicing of individuals; investment banking; and interbank business.
- Bank Cards
- Deposits and Investments
- Cash Loan
- Mortgages
- Repayment of Loans
- Service Packages
- Safe Deposit Boxes
- Premium Banking
- Remote Services
- Insurance
Ratings
from the leading international
and national rating agencies
Investor
Relations![]()
2018
2017
2016
2015
| Event | Address | Date |
|---|---|---|
| Kesko Capital Markets Day 2018, Helsinki | Handelsbanken’s Nordic Mid/Small Cap Seminar, Stockholm | 24.05.2018 |
| Year 2018 3-month interim report | Handelsbanken’s Nordic Mid/Small | 24.05.2018 |
| Kesko Capital Markets Day 2018, Helsinki | Handelsbanken’s Nordic Mid/Small Cap Seminar, Stockholm | 24.05.2018 |
| Kesko Capital Markets Day 2018, Helsinki | Handelsbanken’s Nordic Mid/Small Cap Seminar, Stockholm | 24.05.2018 |
In 2017 net loss of ZENIT Group declined by 8 times in comparison with 2016. Pursuant to established 3-year development strategy in February 2018, since the beginning of 2018 ZENIT Banking Group expects positive financial results.
Corporate
Governance![]()
The Management Board is the Bank's collegial executive body that rules the Bank's daily operations. The Bank's Management Board is comprised of the Management Board Chairman, his deputies and other Board members.
The Board of Directors of PJSC Bank ZENIT exercises overall direction of the Bank's operations, except for the matters within the competence of the General Meeting. The Board of Directors' role includes issues enumerated in the Federal Law «On Joint-Stock Companies» and the Bank's Charter.
Chairman of the Board of Directors of Bank ZENIT.