• 2017

    • Acquisition of a retail loan portfolio of ₽18 bn from Nordea Bank (JSC)
    • Legal merger of "Garanti" Bank – Moscow” and "Metcombank" with Sovcombank PJSC
  • 2016

    • Acquisition of "Metcombank" (JSC) from Severgroup (a TOP-15 bank in auto lending segment)
    • Acquisition of RTS-Tender - the largest trading platform in Russia for State procurement
    • Acquisition of "Garanti" Bank - Moscow (JSC) from BBVA Group, one of the world’s largest banking groups
    • The bank's credit ratings upgraded in 2016 by one notch:
            Fitch Ratings: to BB- from B+
            Standard & Poor’s Rating Services: to В+ from B
    • Rated by AСRA: А-
    • Rated by Moody's: B1
    • Increase of Sovcombank’s stake in Rosevrobank to 20%
  • 2015

    • Acquisition of ICICI Bank Russia
    • Capital increase by Deposit Insurance Agency through the subordinated Federal loan bonds of 6.3bn
    • Acquisition of 9.5% stake in Rosevrobank
    • Financial restructuring of Express-Volga Bank
  • 2014

    • Ongoing integration with GE Money Russia
    • Acquisition of GE Money Russia closed
  • 2013

    • Announcement of an acquisition of GE Money Russia
    • Sovcombank bonds are included into the Lombard list of the Central Bank of Russian Federation
    • Increased focus on customers with the age of over 45 and pensioners
  • 2012

    • Expansion of distribution network up to 1,800 mini offices
    • Entry into new regions such Bashkortostan, Adygea, Voronezh, Lipetsk , Tula and Nizhny Novgorod
    • Awarded a diploma of the Association of Regional Banks of Russia and the rating agency "Expert RA" for the performance of retail deposits
    • Rated by Moody`s and S&P
    • Kardan Group sold its stake in Sovcombank to the current management
  • 2011

    • Expansion into Moscow in the retail chain 7th Continent
  • 2010

    • Focus on lending to specific underbanked customer niches, including pensioners, low-income employed customers (e.g. teachers, doctors, etc.)
    • Awarded National Banking Award as a leader in consumer lending
    • First attempt to acquire GE Money Bank in Russia
    • Over 1,000 mini offices in 30 regions
  • 2009

    • Over 800 mini offices in 26 regions of Russia
    • Ranked #9 Consumer finance bank in Russia by RBC Rating
  • 2008

    • Launch of consumer finance lending
    • Ranked among Top-50 banks in Russia by SME customers and loan portfolio
    • Cost optimisations and improvements in operating efficiency
  • 2007

    • Acquisition of Regional Credit Bank and the network of 600 credit agencies ARKA
    • Kardan group became a shareholder in Sovcombank
  • 2006

    • Launch of regional expansion
  • 2005

    • Membership in the Stated Deposit Insurance system
  • 2004

    • General banking license obtained from the Central Bank of Russia (#963)
  • 2003

    • Head office moved to Kostroma
    • Buikombank renamed and rebranded into Sovcombank
  • 2001

    • Acquisition of Buikombank by the current management
  • 1990

    • Established as "Buikombank" in Bui, Kostroma region