Vostochny Bank - Ownership and Business Overview

Financial ServicesCompany

Vostochny Bank Ownership

Who owns Vostochny Bank?

Vostochny Bank is owned by Sovcombank PJSC. It was acquired on March 25, 2021.

Vostochny Bank Business Overview

Where is Vostochny Bank headquartered?

Vostochny Bank is headquartered in Blagoveshchensk, Russia.

How many employees does Vostochny Bank have?

Vostochny Bank has 10,000 employees.

What sector is Vostochny Bank in?

Vostochny Bank is a financial services company.

Financial Services M&A Summary in 2021

Out of 60 sectors in the Mergr database, financial services ranked 11 in number of deals in 2021. The largest financial services acquisition in 2021 was Afterpay Limited - which was acquired by Block for $27.8B.

Join Mergr to view all 234 acquisitions of financial services companies in 2021, including 24 acquisitions by private equity firms, and 210 by strategics.

Vostochny Bank

Vostochny CB PJSC

1, per. Svyatitelya Innokentiya,
Blagoveshchensk, 127473
Russia,
+7 800 100-71-00
www.vostbank.ru

Vostochny Bank is a retail bank with assets of RUB 192 billion (IFRS). For more than 15 years, it has focused on retail loans. Vostochny employs 10,000 employees in 570 offices, the majority of which are located in the Russian Far East, primarily in smaller towns. The bank operates in every municipality in the Russian Far East that has a population of more than 10,000. It is a member of the Deposit Insurance System and is included in the registry of credit organizations treated as significant players in the payment services market by the Bank of Russia.


Company Summary

SECTOR

Financial Services

Employees

10,000

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