Rostrabank (Moscow) has changed its corporate name to BVA Bank. The lending institution posted a relevant official notice on its website.
The changes took effect on August 20, 2012 and they have already been posted on the bank’s page on CBR’s website. The bank’s licenses (to conduct banking operations in rubles and currencies, to offer precious metal account products and place precious metals and to draw retail deposits in rubles and currencies) were renewed.
In connection with this the bank reminded its clients “that the banks which serve counterparties will not accept for execution settlement documents and other orders to wire funds to our bank that contain the bank’s previous corporate name, and in this connection we kindly request clients to notify their counterparties of changes in the bank’s corporate name”.
The bank also said in a press release that “the bank’s clients may continue to use cheques to take cash at the banks using cheque books previously issued by the bank where the bank’s previous name is indicated”.
The change of the bank’s corporate name entails no changes in its rights or obligations to customers and counterparties, the bank emphasized in the press release. It is not required to re-sign respective agreements using the bank’s new corporate name, with all contracts and agreements signed earlier remaining valid. The change of the bank’s corporate name entails no changes in its legal status, Main State Registration Number, Taxpayer Identification Number, BIC, KPP, correspondent account, its registered office, the license number or any other details.
It is necessary to specify the following details in settlement and other documents forwarded to the bank.
Closed Joint Stock Company BVA Bank (CJSC BVA Bank)
The registered office: bldg. 1, 25, 27, Sadovnicheskaya St., Moscow, 115035
Registration No. 1684
Main State Registration Number: 1027700375944
TI№ 7719020577
KPP 775001001
BIC 044525874
OKPO 29304063
OKVED 65.12
Correspondent account No. 30101810000000000874 at the Operating Division of the Moscow Chief Territorial Directorate of the Bank of Russia.
Until September 20, 2012 the lending institution will be accepting for execution settlement documents, and also other orders to wire funds and conduct other operations related to clients’ accounts which indicate the lending institution’s previous corporate name. “Starting September 20, 2012 the bank will return said documents without execution to parties that presented documents for account operations," BVA Bank warned.
As Banki.ru data show, as of August 1, 2012 the lending institution’s net assets totaled Rub 1.67 bln (No. 607 in Russia), capital (calculated in line with CBR requirements) came to Rub 350 mln, the credit portfolio totaled Rub 50 mln and obligations to households equaled Rub 250 mln.
