PJSC B&N Bank, founded in 1993, is a universal bank ranking amongst the largest banking groups in Russia by assets.
B&N Bank group comprises B&N Bank and B&N Bank Digital (former Moscomprivatbank).
Its branch network, amounting to more than 400 offices, encompasses more than 170 cities in ~60 regions of the Russian Federation. The Bank’s active client base comprises almost two million clients: ~1.9 million retail clients and ~60,000 corporate clients. Most of the Bank’s business is in European Russian, plus the Urals and Siberia.
The Bank has a strong focus on digital / remote channels. B&N Bank’s mobile and internet banking services for retail clients are consistently amongst the most highly rated in Russia (per Markswebb Rank & Report 2017, B&N Bank’s internet bank and mobile banking application ranked #1 and #2 respectively). The Bank has a broad network of ~16,000 ATMS (including partner banks) and ~29,000 POS terminals.
In March 2018, B&N Bank was recapitalised by the Central Bank of Russia (CBR), which became the major shareholder with more than 99.9% of common shares.
The Bank is scheduled to merge with PJSC Otkritie Bank – of which the CBR is also the major shareholder, owning more than 99.9% of common shares – by 1 January 2019.
B&N Bank comfortably complies with all its CBR regulatory ratios and continues active operations across all business lines.