• 2016

    • Acquisition of «Metcombank» JSC (a TOP-15 bank in auto lending segment) and CB «Garanti Bank - Moscow»
    • Acquisition of RTS-Tender - the largest trading platform in Russia for State procurement
    • The bank's credit ratings increased in the autumn of 2016 by one step:
             Fitch Ratings: BB-
             Standard & Poor’s Rating Services: В+
    • Rated by AСRA: А-
  • 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