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Thursday, March 28, 2024

Bank St. Petersburg hosts event for 10-year anniversary of its IPO

Bank St. Petersburg recently celebrated its 10th anniversary of becoming the first private Russian bank to complete an initial public offering (IPO).

The bank celebrated the occasion at its 2017 Investor Day event in Moscow, according to a press release on the bank's website.

Konstantin Balandin, deputy chairman of the management board, discussed the original goals of the IPO, as well as the unique opportunities that arose from it. He also highlighted the bank's achievements.

Maris Mancinskis, the bank's first deputy chairman and CEO, spoke about the bank's growth potential. Other presentations covered digital technologies and customer transactions.