As news agency Banki.ru learned, lending institution Ardanaks was renamed in International Bank of Finance and Investments (IBFI). Relevant amendments were made to the CBR Book for State Registration of Lending Institutions. On October 13, 2008 IBFI obtained a CBR license to deal with rubles and foreign currencies, a license to attract deposits and deal with precious metals.
International Bank of Finance and Investments ranks 909th among Russian banks in terms of net assets (Rub 240.92 mln). The bank is not a member of the national deposit insurance system.