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1995 |
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1996 |
- PSB opens two regional branches
- Obtains FX operations license
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1997 |
- PSB starts reporting under IFRS
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1998 |
- PSB is No. 63 Russian bank by assets
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1999 |
- PSB joins VISA and MasterCard payment systems
- PSB IFRS financials audited by independent auditors KPMG
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2000 |
- Fitch assigns international credit rating to PSB, starting level: CCC+
- PSB is No.44 Russian bank by assets
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2001 |
- RUB 150 million debut issue of RUB bonds
- PSB opens representative office in Kyrgyzstan
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2002 |
- PSB opens a branch in Cyprus and a representative office in Kiev, Ukraine
- PSB is No. 21 Russian bank by assets
- PSB On-line banking launched
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2003 |
- PSB receives a first US$ 30 million syndicated loan from Western banks
- PSB joins international factoring association Factors Chain International (FCI)
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2004 |
- PSB opens a representative office in Beijing, China
- US$ 100 million debut Eurobond issue
- First-time credit ratings assigned by Moody’s (B1) and Standard & Poor’s (B-)
- PSB expands client base despite banking crisis in Russia
- PSB is among Top 1000 World Banks, according to The Banker
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2005 |
- PSB is one of the Best Central and Eastern European Companies, according to Euromoney
- The number of regional branches reaches 29
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2006 |
- German Commerzbank Auslandsbanken Holding AG acquires 15.32% of PSB shares
- PSB opens a representative office in Delhi, India
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2007 |
- PSB controlling shareholder Promsvyaz Capital B.V. acquires 95.07% stake in Volgoprombank
- PSB is No. 441 globally by shareholders’ equity, according to The Banker
- PSB launches a new SME business segment
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2008 |
- The Banking Group Promsvyazbank is established, Volgoprombank is integrated into the Group
- PSB successfully overcomes liquidity crunch in the Russian interbank market
- Agreements on integrating Yarsotsbank and Nizhny Novgorod Bank into the Banking Group Promsvyabank are reached
- PSB is No. 11 Russian bank by assets
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