Initially JSCB Promsvyazbank (CJSC) was set up as a branch bank for the biggest communications enterprises. The Bank actively performed settlements, while, in parallel, developing a programme for crediting, project financing, leasing schemes and regional projects and expanding its presence on the financial markets of Russia and abroad. As a result, the Bank became a universal financial institution, providing multi-profile banking services, including:

• Payment and cash services
• Services on the currency market
• Operations with bills, deposits and deposit certificates
• Crediting
• International business
• Factoring
• Operations with precious metals
• Investment bank services
• Issuing of bankcards
• Services on the securities market
• Depository services
• Services of the PSB On-Line Internet bank
• The "Client-Bank" system