Shareholders were invited to decide on the renaming of the Bank SIAB to FINSTAR BANK at the general meeting of shareholders on September 19, 2023.
SIAB Bank will join the Finstar holding brand with subsequent renaming into PJSC FINSTAR BANK and the launch of the rebranding process. The changes will come into force after the registration by the Bank of Russia of the bank’s charter in a new version.
“Integration with the Finstar brand will allow greater synergy between the bank and the holding’s business areas in order to further develop and provide customers with the most relevant and advanced technologies and solutions. The international experience and accumulated knowledge of Finstar will be fully used in the framework of the implementation of the tasks set,” comments President – Chairman of the Board Gennady Salych.
Finstar holding companies are represented in more than 30 countries around the world. Since the founding of the holding, unique experience and expertise in the field of financial services and investments has been gained. The accession of a credit institution to the Finstar brand will strengthen the positive trends that began in 2022, when the bank received a universal license, confirmed the Expert RA credit rating and achieved a positive financial result.
Changing the name of the bank will not cause any inconvenience for customers and partners. All banking products, services and contracts will continue to operate under the same conditions.
2023-08-18 03:00:00
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