Cistran Finance Exploring the Spirit of Capitalism's New Frontier

Thursday, March 28, 2024

Rosbank opens new outlet in Sochi

Rosbank, a Russian universal bank whose majority shareholder is the international financial group Société Générale, recently opened a new branch in Sochi.

The new Krasnaya Polyana outlet, opened Dec. 20, is in Sochi's Adlersky city district. It will provide a full range of banking services for individual clients and legal entities and all types of credit facilities, deposit options, exchange operations, money transfers will be available.

"The Krasnaya Polyana outlet, located in close proximity to the Olympic Games venue, is targeted to provide services to participants and guests of the Olympics in Sochi in Feb. 2014. The outlet will provide the whole complex of high quality banking services," Suzanna Podmazova, the director of the branch, said.

Headquartered in Moscow, Rosbank is registered as an open joint-stock company. On July 1, 2011, Rosbank merged with another Russian subsidiary of Société Générale, Banque Société Générale Vostok.