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The first Russian state institution of a bank nature was established by Peter I to mint coins. This office later proceeded to offer banking services and even loans on securities such as gold and silver at an amount not exceeding 75% of their total cost and at the rate of 8% per annum with the right to postpone payment for 3 years. While these services existed, only courts enjoyed money changing services for many years before the services were offered to the greater public.

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Board of Directors

Alexey M.Kurochkin – Chairman

Nikolay N.Zavolokin

Gennady M.Trofimov

Grigoriy A.Afanasiev

Olga V.Zaretskaya

Mikhail Y.Panchenko

Evgeniy V. Zanizdra