Altaienergobank has brought its rebranding campaign, launched last December, to a logical end and following brand name revision the lender also changed its official corporate name (it’s now iMoneyBank Commercial Bank LLC). Relevant changes have already been made in the bank’s section on CBR’s website.
The lending institution’s licenses (banking license to conduct transactions with rubles and currencies (with no right to draw retail deposits) and draw retail deposits in rubles) were renewed on January 23, 2013, showed data on the regulator’s website.
The official name’s change has not yet been reflected on the website of the bank itself, but the bank confirmed that it presently operates as iMoneyBank.
In the middle of December 2012 the bank announced the change of its brand name to iMoneyBank. Furthermore, recently news broke that the bank’s head office was relocated from Gorno-Altaisk to Moscow.
iMoneyBank (the brand name is iMoneyBank) is a financial institution established in the Republic of Altai, but now Moscow-based (since January 2013) that specializes in retail operations. The bank’s renowned product is a Mgnovennye dengi-branded micro lending program. At present, the bank’s beneficial owners are Sergei Vostrikov (32.23%), Alexander Kashapov (19.85%), Elina Veldyaeva (17.75%), Irving CJSC (14.58%, the owner is Elena Khudoley) and Vladimir Belov (12.5%).
As Banki.ru data shows, as of January 1, 2013 the lending institution’s assets stood at Rub 14.63 bln (No. 220 in Russia), capital (calculated in line with CBR requirements) came to Rub 1.41 bln, the credit portfolio totaled Rub 11.24 bln and obligations to households amounted to Rub 11.16 bln.
