Bank Globex has wrapped up its reorganization, taking over National Trade Bank. As the bank’s press service said in a statement, a record in the Unified State Register of Legal Entities was made about the winding-up of National Trade Bank on January 23, 2012.
“In connection with the reorganization amendments were also made to the charter of Bank Globex. As a result of the reorganization, the amount of performing assets jumped to Rub 183 bln. The bank’s customers now have access to the unified customer service network in Moscow and 14 regions that comprises 83 offices, and also a wide range of services and products of the universal bank," Bank Globex said noting as a successor it will fulfill all the obligations of National Trade Bank in full and on the same terms.
Bank Globex was registered in 1992. In September 2008 Bank Globex experienced a drastic cash withdrawal on the part of both households and businesses, as a result of which Vnesheconombank acquired for a mere Rub 5.00 a 98.94% stake in the bank and quite a lot of troubled assets into the bargain. VEB management board chairman Vladimir Dmitriev took the seat of the lender’s board chairman.
As Banki.ru data show, as of December 1, 2011 the lending institution’s net assets totaled Rub 163.42 bln (No. 31 in Russia), capital (calculated in line with CBR requirements) equaled 25.43 bln, the credit portfolio totaled Rub 108.16 bln and obligations to households amounted to Rub 22.03 bln.
