Rosbank Raised Its Deposit Rates in Roubles
OREANDA-NEWS. On 04 August 2009 was announced, that Rosbank raised its deposit rates in roubles 03.07.2009. They vary from 7.8% to 14.75%. Bank deposit rates increased by 0.5% - 2%.
As of June 1, 2009 Rosbank’s volume of deposits reached RUR 113.9 bln.
Rosbank is the largest privately owned bank in
Societe Generale is the principal shareholder of Rosbank, in February 2008 the Group exercised the option to increase its stake to 50 % plus 1 share hence taking control of Rosbank. In May 2008 SG increased its stake to 57.6%. In May 2009 Societe Generale Group acquired an additional stake of 7% in Rosbank shares from its Russian partner Interros. Further to this acquisition, Societe Generale owns 64,7% of the shares of Rosbank.
Rosbank is one of the leading players in Russian banking market. The Banker magazine (2008, July) ranked Rosbank 347th among banks globally in terms of shareholders’ equity. Since its inception the Bank's financial indices had a positive record. Rosbank is rated by Moody’s, Standard & Poor’s and Fitch.
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