Master Bank
{{Short description|Private Banking Company Of Russia}}
{{One source|date=October 2012}}
{{Infobox company
|name = Master Bank
|logo = Master Bank logo.svg
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|industry = Banking, Financial services
|foundation = 1992
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|location_city =
|location_country = Russia
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Master Bank ({{Langx|ru|Мастер-банк}}, {{IPA|ru| məsʲtʲɪr bank}}; JSB) was a private bank in Moscow. As of 2012, it was the 69th largest bank in Russia.The Moscow Times, 15 October 2012, "[http://www.themoscowtimes.com/business/article/master-banks-license-under-threat/469710.html Master Bank's License Under Threat]". Accessed 17 October 2012. In November 2013, its bank license was withdrawn by Central Bank of Russia.[http://www.cbr.ru/pw.aspx?file=/press/ik/131120_092423bank5-general.htm Information on withdrawal of bank license and appointment of a provisional administration] // Central Bank of Russia, 20. November 2013 (in Russian)]
Activity
Master Bank provided corporate lending, lending to small and medium business, loans to physicals, servicing corporate clients, trade and project finance, international operations, issue and service of plastic cards, retail business, deposits, the operations in the financial markets etc.
History
The bank was founded in 1992. In 2010, it was assigned a credit rating A "High level of creditworthiness" (rating agency "Expert RA"){{cite web|date=2010|url=http://www.raexpert.ru/releases/2010/Feb01b/|title="Эксперт РА" повысил рейтинг Мастер-Банка до уровня А|publisher=Эксперт РА|accessdate=2010-02-01|language=ru|archiveurl=https://web.archive.org/web/20111223220207/http://raexpert.ru/releases/2010/Feb01b/|archivedate=2011-12-23|url-status=live}} and he took 2nd place in the rating "The most reliable of the 100 largest Russian banks" magazine "Profile".{{cite web|date=2010|url=http://www.profile.ru/admin/spaw2/uploads/images/Top-100.jpg|title=Самые надежные из 100 крупнейших коммерческих российских банков (на 1 января 2010г.)|publisher=/www.profile.ru|accessdate=2010-03-15|language=ru}} In November 2013, Master Bank's banking license was revoked by the Central Bank of Russia.{{cite web|url=http://www.cbr.ru/pw.aspx?file=/press/ik/131120_092423bank5-general.htm|title=Об отзыве лицензии на осуществление банковских операций и назначении временной администрации|date=2013-11-20|publisher=Central Bank of Russia|accessdate=2014-03-05|language=ru}}[http://itar-tass.com/ekonomika/772002 ЦБ РФ отозвал лицензию у московского Мастер-банка] // ИТАР-ТАСС, 20.11.2013 г.[http://www.finam.ru/analysis/newsitem7A193/ ЦБ отозвал лицензию у «Мастер-Банка»] // ИА Финам, 20.11.2013.
It was a universal bank providing all types of banking services. It had 12 branches with more than 100 offices in 10 regions of Russia. The central office of Master-Bank was located in Moscow (Runovsky lane, 12).{{cite web|url=http://www.themoscowtimes.com/business/article/master-banks-license-under-threat/469710.html|title=Master Bank’s License Under Threat|date=2012-10-15|work=|publisher=The Moscow Times|accessdate=|language=}}
References
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External links
{{Portal|Russia|Banks}}
- {{Commons category-inline}}
- {{Official website|http://www.masterbank.ru/}}
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