Hellenic Bank has changed its corporate name and now operates as limited liability company Commercial Bank H-Bank. Relevant information was posted on the lending institution’s website, displayed on its section at the Bank of Russia and in the Unified State Register of Legal Entities.
To remind, Cyprus-based Hellenic Bank sold its namesake subsidiary for around €24 mln this June. The Moscow-based lender’s new owners holding 10% stakes in the charter capital (Rub 1.36 bln) are now seven legal entities and three individuals, namely, Ivan Kalita Investment Company CJSC, General Finance LLC, KMO-Consult LLC, Notung LLC, Khrono LLC, Central Insurance Society LLC, Expressleasing LLC, Oleg Vlasov, Alexei Ivannikov and Ekaterina Prokopenko.
Oleg Vlasov is the largest shareholder at Saint Petersburg-based Bank Baltika (20%) and the bank’s board chairman. Apart from him, H-Bank now has three corporate beneficiaries, which are affiliated with Bank Baltika, precisely, Notung LLC, Khrono LLC and KMO-Consult LLC. At Bank Baltika these concerns control in the aggregate over 17% of the bank’s shares.
In addition, Oleg Vlasov and Alexei Ivannikov are among the largest co-owners of Yaroslavl region-based Bank Verkhnevolzhsky (around 10% and 8.33%, respectively). Oleg Vlasov is also a board member at no-profit organization Lider, the operator of the namesake payment system.
H-Bank said in a press release in October that its other banking details after rebranding remained intact.
In September the Moscow-based lender also gave notice of the change of its real address, and its clients are presently served at bldg. 13, 2 3-ya Yamskogo Polya St.
Based on the Banki.ru data, as of October 1, 2014 the lending institution ranked 554 nationwide in terms of assets (roughly Rub 2.1 bln).
