Akbars

History of the bank

22 January 2021

Ak Bars Bank entered the TOP-5 list of banks with favorable concessional mortgages.

27 January 2021

Ak Bars Bank joined the program of preferential lending to exporters of non-resource sector.

28 January 2021

The number of active users of services for the self-employed in Ak Bars Bank's app has doubled.

8 February 2021

Ak Bars Bank's mortgage portfolio grew by 50% in 2020.

11 February 2021

The number of users of Tatarstan Tourist Pass application increased 20 times.

15 March 2021

Ak Bars Bank started accepting applications for concessional loans for businesses at 3%.

23 March 2021

Representatives of Ak Bars Bank became participants of the 6th round table "Debt Market of the Republic of Belarus".

March 24, 2021

"Expert RA confirmed Ak Bars Bank's ruA- rating.

March 26, 2021

Ak Bars Bank published its financial results for 2020 according to IFRS.

April 1, 2021.

Ak Bars Bank became the bank of the year in the sphere of lending to small and medium-sized businesses.

April 7, 2021

Ak Bars Bank launched Face2Security workplace authorization system.

April 8, 2021.

Ak Bars Bank, KFU and Neurotrend initiate a project to develop neuromarketing in Tatarstan.

April 9, 2021

The NCR confirmed Ak Bars Bank's A. ru credit rating with a stable outlook.

April 15, 2021

Ak Bars Bank was again included in the top of the world's best banks according to Forbes.

April 21, 2021

Moody's confirmed Ak Bars Bank's credit rating and changed its outlook from "stable" to "positive".

April 26, 2021

The deposit "Myself!?" Ak Bars Bank was named one of the most profitable according to Frank RG.

May 18, 2021

Ak Bars Bank promotes the principles of sustainable development in Tatarstan through the support of social projects.

May 28, 2021

Ak Bars Bank's net profit increased to RUB 1.5 billion under IFRS for the first quarter of 2021.

June 10, 2021.

Ak Bars Bank became the arranger of a $1.25 billion syndicated "green" loan to Uralkali.

23 June 2021

Ak Bars Bank held its annual general meeting of shareholders.

June 30, 2021

Teddy food from Ak Bars Bank became the first debit card in Russia with a cashback for stray animals.

July 19, 2021

Ak Bars Bank won the Best Banking Program for SMEs 2021 competition in the category "In the interests of small and medium-sized businesses".

27 July 2021

Ak Bars Bank was the general partner of the XII KazanSummit.

July 29, 2021.

Ak Bars Bank presented a new Islamic mortgage product to the President of Tatarstan at KazanSummit 2021.

2 August 2021.

Ak Bars Bank presented a sustainability report for the first time.

August 5, 2021

Ak Bars Bank opened a new format office "Better" in Kazan

August 18, 2021

OneTwoTrip bank card and the "Catch CASHBACK" loyalty program won the National Loyalty Marketing and CRM Award - Loyalty Awards Russia 2021.

August 26, 2021.

Ak Bars Bank signed an agreement with Rostourism to support the tourism industry.

August 27, 2021.

Ak Bars Bank's Aurum card with gold cashback became the winner of the FINAWARD award.

August 27, 2021.

Ak Bars Bank's net profit for H1 2021 increased to 3 billion rubles in accordance with IFRS.

September 10, 2021

Ak Bars Retro Cars exhibition complex was opened in Kazan.

September 14, 2021

Ak Bars Bank took part in the 3rd international conference "The Capital Market of the Republic of Uzbekistan".

September 22, 2021

Ak Bars Bank took fourth place in the top of the most innovative banks of Russia.

Lale open-end mutual fund entered the top 15 most profitable funds according to Investfunds agency.

January 28, 2020

The Ak Bars Bank PROFcard became the best student project among the universities of Tatarstan.

January 29, 2020

Ak Bars Bank has introduced a robot for calling loan applications.

5 February 2020.

Ak Bars Bank has issued bank guarantees to OOO "Titan-Polymer" for the amount of 1 billion rubles.

February 10, 2020

Ak Bars Bank became one of the arrangers of the debut bond issue of the Segezha timber company.

12 February 2020

Ak Bars Bank joined the depositary system of blockchain based accounting of electronic mortgages.

17 February 2020

Ak Bars Bank and Coinkeeper issued a virtual card based on open API technology.

27 February 2020

Ak Bars Bank launched a program to support technology startups.

March 1, 2020

Ak Bars Bank introduced one-window payment for services in MFCs.

March 4, 2020

Ak Bars Bank arranged the largest syndicated loan for a bank from Uzbekistan.

March 16, 2020

Ak Bars Bank opened a guarantee line for an international construction company from Turkey Gemont.

March 30, 2020

"Expert RA" confirmed Ak Bars Bank's rating at ruA-.

April 1, 2020.

Ak Bars Bank has launched a service for issuing special passes in Tatarstan.

April 2, 2020

Ak Bars Bank joined the charity event "WE ARE TOGETHER" and allocated funds to collect and deliver food products to elderly residents of Tatarstan.

April 10, 2020

The NKR agency assigned Ak Bars Bank a credit rating of A.ru with a stable outlook.

April 13, 2020

April 13, 2020 Ak Bars Bank joined Yandex in the fight against the pandemic.

April 16, 2020

Ak Bars Bank launches first card with cashback and interest on the balance in gold - Aurum.

April 17, 2020.

Ak Bars Bank successfully passed the international certification of IT services.

April 20, 2020

Ak Bars Bank started providing remote financial services for facial biometrics.

April 23, 2020

Ak Bars Bank launched online bookkeeping in the online business bank.

April 24, 2020

AK BARS SOZIDANIYE Charitable Foundation was included in the Raex top-50 rating.

27 April 2020

Evolution card entered the TOP-5 debit card rating according to Vyberu. ru.

April 28, 2020

Ak Bars Bank entered the TOP-5 list of the best refinancing programs.

April 29, 2020

Ak Bars Bank joins preferential mortgage program.

April 30, 2020

Tatarstan launched a voice bot for digital passes based on Ak Bars Bank technology.

13 May 2020

Ak Bars Bank shortened the term for issuing concessional loans to businesses with the help of blockchain technology.

May 14, 2020

Ak Bars Bank started issuing concessional loans to backbone enterprises.

May 20, 2020

Ak Bars Bank joined the project "Digital Profile".

June 9, 2020

Ak Bars Bank was included in the top 5 convenient banks of Russia in the Forbes ranking.

July 3, 2020

Ak Bars Bank introduced acquiring for the self-employed.

July 9, 2020

Ak Bars Bank launched face-to-face payment technology in Innopolis before Mikhail Mishustin's visit.

July 22, 2020

Ak Bars Bank's Evolution card was ranked #1 among the most favorable offers with free cash withdrawals from any ATM according to the independent portal Vyberu. ru.

July 23, 2020

Three cards of Ak Bars Bank were named the best in loyalty marketing at once.

August 27, 2020

Ak Bars Bank launched new services for foreign economic activities.

August 28, 2020

Ak Bars Bank won the annual Financial Industry Innovation and Achievement Award FINAWARD.

September 02, 2020

Markswebb Rank&Report has published its annual ranking of Russian Internet banks, in which Ak Bars Online, the bank's web version for individuals, was again among the best in the Daily Banking category.

September 11, 2020.

Ak Bars Bank launched a Face2Pass face pass pilot project in a kindergarten in Kazan.

October 9, 2020.

Ak Bars Online was recognized as the most convenient banking application according to USABILITYLAB.

October 14, 2020

Ak Bars Bank was among the winners of the Loans Cbonds Awards for the first time.

November 16, 2020

Ak Bars Bank presented its new brand positioning.

November 18, 2020

Ak Bars Bank and the Students League of the Republic of Tatarstan launched the LIGAclub card.

December 4, 2020

AKRA agency confirmed Ak Bars Bank's credit rating at the level of "A-(RU)" with a positive outlook.

14 December 2020

Internet-bank Ak Bars Business Drive became the program of the year in the finance and consulting category.

December 15, 2020

Ak Bars Bank won the Cbonds Awards for the first time.

December 16, 2020

Ak Bars Bank was among the winners of the "New HR Practices 2020" award.

December 17, 2020

Ak Bars Bank became a laureate of the Retail Finance Awards 2020.

December 16, 2020

Ak Bars Online mobile app confirmed its leading position in the Markswebb ranking.

Face2Pay technology is the winner in the "Best IT Solution for Retail Banking" category of the Retail Finance Awards.

February 6, 2019

Ak Bars Bank signed its first deal with a bank from Uzbekistan.

February 7, 2019

Ak Bars Bank tested the first online mortgage deal in the history of Tatarstan.

February 21, 2019

The Ministry of Economic Development of Russia included Ak Bars Bank in the list of participants in the federal program of preferential lending to SMEs.

February 28, 2019

Ak Bars Bank was among the first Russian banks to launch the Rapid Payments System (RPS).

March 5, 2019

Ak Bars Bank was included in the Forbes ranking of the world's best banks: 9th place among Russia's top 20 banks.

March 12, 2019

Ak Bars Bank launched a financial online magazine Life.Profit.

March 13, 2019

Ak Bars Bank made its first deal with a bank of Armenia.

March 20, 2019

Moody's analytical agency raised Ak Bars Bank's long-term credit rating in local and foreign currencies from B2 to B1, changing the outlook from positive to stable.

March 28, 2019

Ak Bars Bank introduced Mir Pay service for contactless payment via smartphone.

April 3, 2019

Expert RA rating agency upgraded the outlook of Ak Bars Bank's creditworthiness rating from stable to positive, level ruA-.

April 18, 2019

Ak Bars Bank launched mobile services for the self-employed in the Ak Bars Online app.

April 22, 2019

Ak Bars Bank became the winner of the "Philanthropist of the Year 2018" contest.

April 23, 2019

Ak Bars Bank and Ak Bars Finance launched AK BARS TRADE mobile app for investing.

April 24, 2019

Ak Bars Bank has launched Islamic mortgage - housing financing in installments according to Shariah norms.

April 25, 2019

Ak Bars Bank together with Mastercard launched the service of cash withdrawal at the store cash desks.

May 24, 2019

Ak Bars Bank launched registration of self-employed in a mobile app.

June 3, 2019

Ak Bars Bank made deals with a bank in Kazakhstan for the first time.

June 24, 2019

Ak Bars Bank opens special accounts for participants in the system of public procurement.

July 12, 2019

Ak Bars Bank together with the Center for Tourism Development of the Republic of Tatarstan launched a mobile application Tourist Pass.

July 25, 2019

Tatarstan coffee shops launched a loyalty system with Face2Loyalty facial recognition technology.

July 29, 2019

Ak Bars Bank together with the Guarantee Fund of the Republic of Tatarstan implemented a new digital service for small business lending "Guarantee Stream".

July 31, 2019

Ak Bars Bank implemented the Aimee chatbot on the Tatarstan State Services Portal.

August 5, 2019

Ak Bars Evolution debit card took first place in the "Best cards with miles" rating for flights in Russia and Europe according to the international research center MARC.

August 29, 2019

Web bank for individuals Ak Bars Online entered the top 3 ranking of Markswebb.

September 19, 2019

Ak Bars Bank launched in pilot mode C2B transfers via the System of Quick Payments (SBS).

September 25, 2019

Ak Bars Bank ranked among the top 5 Russian banks in terms of digitalization in the Skolkovo Foundation rating.

October 4, 2019

Ak Bars Bank launched a service of cross-border card-to-card money transfers.

October 10, 2019

Ak Bars Bank signed a cooperation agreement with Rostelecom, under which the bank will provide Russia's largest provider of digital services with a facial recognition algorithm for the Unified Biometric System.

October 11, 2019

Ak Bars Bank opened APIBank platform and its partners access to the payment infrastructure.

October 17, 2019

Ak Bars Bank connected the online store OZON to the Quick Payment System and conducted the first payment by QR-code.

October 28, 2019

Ak Bars Bank issued the first card for students "PROFkarta".

October 28, 2019

The bank launched RBS for small and micro business Ak Bars Business Drive

November 7, 2019

Ak Bars Bank and Kazan Arena stadium signed an official agreement on a long-term strategic partnership - the sports venue was renamed Ak Bars Arena.

November 28, 2019

In honor of its 26th birthday, the bank held the second Ak Bars Business Drive 2019 entrepreneurial forum for its clients.

December 11, 2019

Ak Bars Online, a mobile app for individuals, repeated the success of 2018 and once again ranked among the top 3 mobile banks according to Markswebb.

December 12, 2019

ACRA agency confirmed the credit rating of Ak Bars Bank at A-(RU), changing the outlook to "positive".

December 19, 2019

Ak Bars Business Drive's new RBS ranked among the top 3 most efficient banks for small businesses.

Ak Bars Bank became a member of the state program of preferential mortgage lending for families with children.

March 15, 2018.

Ak Bars Bank is a participant of the new financial ecosystem "Marketplace" initiated by the Bank of Russia.

March 23, 2018.

Ak Bars Bank was one of the first banks in Russia to test transactions within the quick payment system.

April 18, 2018.

Expert RA rating agency assigned Ak Bars Bank a credit rating at the level of гuA-, outlook "Stable".

April 25, 2018.

The first telemedicine center in the Volga Federal District was opened in Almetyevsk with the support of Ak Bars Bank.

May 21, 2018

Ak Bars Bank issued a new Generation debit card.

May 26, 2018.

Ak Bars Bank joined Vnesheconombank's Project Finance Factory.

May 28, 2018.

Ak Bars Bank announces the start of rebranding.

July 5, 2018.

Ak Bars Bank launches loyalty program for Visa cardholders.

July 9, 2018.

Ak Bars Bank started collecting biometric data of users at its branches.

July 10, 2018.

Moody's raises its assessment of Ak Bars Bank's own creditworthiness and changes outlook on its deposit rating from stable to positive.

July 31, 2018.

Ak Bars Bank introduced a free online investment advisor to its mobile bank.

August 7, 2018.

Ak Bars Bank redeemed its own Eurobonds.

September 12, 2018.

Ak Bars Bank's Talent Development Center opened in Kazan.

September 26, 2018.

Ak Bars Bank presented its own Face2Pay video facial payment technology.

October 19, 2018.

Ak Bars Bank and the QIWI project "Svist" signed an agreement on cooperation.

October 29, 2018.

The bank issued a new credit card Emotion, the face of which was the five-time winner of the Gagarin Cup, the striker of the hockey club "Ak Bars" Danis Zaripov.

November 27, 2018

Ak Bars Bank's mobile app was included in the top 3 best banking apps according to Markswebb.

November 29, 2018

Ak Bars Bank celebrated its 25th anniversary. On this day, the bank organized a major business forum Ak Bars Business Drive 2018 for clients.

December 11, 2018.

Analytical Credit Rating Agency (ACRA) assigned Ak Bars Bank a rating of A- (RU) - moderately high level of creditworthiness.

December 27, 2018.

Ak Bars Bank issued the first digital bank guarantee using Masterchain platform.

Ak Bars Bank was awarded by the global program Visa Global Service Quality Awards.

Ak Bars Bank acted as an arranger of a syndicated loan for the largest bank of the Republic of Belarus.

"AK BARS Bank opened a digital technology laboratory at the Higher School of ITIS of KFU. The laboratory became a platform for educational lectures and hackathons.

April 3, 2017.

The Bank of Russia included AK BARS Bank in the list of significant in the payment services market of Russia. "AK BARS" Bank became the only Tatarstan bank included in the list, which mentioned 41 Russian banks.

April 4, 2017

"AK BARS Bank launched the Apple Pay service. Through the application it is possible to make purchases with one touch of a finger to Touch ID.

10 April 2017

"AK BARS Bank updated the line of deposits for individuals. Depending on the purpose of saving, the optimal set of 4 deposits became available to clients.

20 April 2017

"AK BARS" Bank joined the National Council of the financial market, which laid the beginning of building effective communications with the financial community, development of a multilateral dialogue in discussing legislative initiatives and current problems of the financial market.

April 28, 2017

"AK BARS" Bank joined the FinTech Association, which is engaged in the development and implementation of new technological solutions to ensure the development of the financial market, as well as the creation of conditions for the digitalization of the country's economy.

11 May 2017

"AK BARS" Bank has launched Samsung Pay service. The application allows you to quickly make purchases through your smartphone. To ensure security, mandatory authorization by fingerprint or PIN code is used for each payment transaction.

May 23, 2017

"AK BARS Bank has launched the Android Pay service. The application is designed for contactless payment for purchases using a cell phone without the use of cash.

27 June 2017

"AK BARS" Bank increased the authorized capital. This decision was made by the bank's shareholders at the extraordinary general meeting on January 30, 2017 as part of the implementation of the Bank's Strategy until 2021, which implies increase in business volumes and entering the top-15 of Russian banks. According to the results of the additional issue, the authorized capital of the bank amounted to 48,015,396,326 rubles.

21 August 2017

"AK BARS" Bank has launched a program of refinancing of loans received in other banks. Refinancing became available to borrowers with a positive payment history, who at the time of application to the bank have made timely at least six monthly loan payments in another bank.

August 29, 2017

"AK BARS" Bank concluded a cooperation agreement with "Vnesheconombank". The document is aimed at implementing joint cross-industrial pilot projects based on distributed registers technology, as well as educational programs for training specialists in blockchain on the basis of Vnesheconombank's Blockchain Competence Center.

September 18, 2017

"AK BARS" Bank has launched a new mobile application for corporate clients "AK BARS Mobile". The application gives entrepreneurs the opportunity to get up-to-date information about the account status and current balances, to export the account statement and send it by e-mail, learn about payments, send account details to business partners in a convenient way, etc.

20 September 2017

"AK BARS" Bank launched a new mobile application for retail clients "Ak Bars Online 3.0" with a new interface and additional functions to work with their finances, payments and transfers.

November 8, 2017

"AK BARS" Bank presented the experience of applying artificial intelligence Aimee in the service model of the bank. The pilot project showed that the application of artificial intelligence allows the bank's clients to get answers to the most common questions at any time of the day online.

10 November 2017

"AK BARS" Bank opened the first lin-lab. The purpose of the laboratory was to build successful business communications and processes depending on the needs of the client with further replication of experience throughout the bank's branch network.

December 7, 2017

"AK BARS Bank joined the Association of Banks of Russia (Association "Russia"). The Bank's membership in the Association allowed to efficiently cooperate with regulators when solving practical issues at the federal level, to work out agreed positions on the problems of the banking system, and to participate in the Council of the Association.

The "AK BARS Online" system of remote banking services from PJSC "AK BARS" BANK has an increased protection system - two-factor authentication. Passing the procedure of two-factor authentication when entering the system "AK BARS Online", after the usual login and password you need to enter a one-time session key.

January 21, 2016

As part of the program of reformatting the Bank's branch network, which began in 2015, additional offices of a new format were opened at the addresses: 76, Yamashev Ave.; 20, Tatarstan St. and 67, Zorge St.

In addition the Business Development Center began its work in the office at 76, Yamashev Avenue. This is a unique format to serve corporate clients with the ability to obtain a full range of banking services in one place. The office is equipped with confidential meeting rooms for legal entities, as well as an Internet cafe for working in the remote banking systems "AK BARS Online" and "Internet/Client-Bank".

March 10, 2016

AK BARS Person Financial House was included in the top 10 best banks in the Private Banking segment. The research company Frank Research Group included the Financial House "AK BARS Person" in the list of ten best credit institutions providing comprehensive consulting and banking services to wealthy clients in the Russian market. The results were announced on March 3 at the Frank RG Private Banking Rating 2015 awards ceremony.

17 March 2016

"AK BARS" Bank took part in the First International Forum on the Development of Islamic Finance and Markets (IFN CIS & Russia Forum 2016). The event was visited by the representatives of the state bodies, banks, funds and companies-participants of the key Islamic financial markets from Russia and CIS. The main topics for discussion were the creation of infrastructure for the development of Islamic finance in Russia and the CIS, the expansion of financial opportunities, the development of key sectors of the Russian and CIS economies through Islamic finance, the banking industry and the opening of Islamic banks.

23 March 2016.

"AK BARS" Bank has launched a card-to-card money transfer service on its website. The service is available both to cardholders of "AK BARS" Bank and cardholders of third-party banks, and can be used at any time and anywhere from a device with access to the Internet.

24 March 2016

"AK BARS" Bank took part in the meeting of the Working Group on Affiliate Banking, held in Kazan on March 24, 2016. Within the framework of the regular session with the participation of the invited persons the issues of further implementation and application of Islamic instruments in the activities of the participants of the Russian financial market were discussed. The regular meeting of the working group was held on March 24, 2016 on the same day as the opening of the pilot Partner Banking Center in the Republic of Tatarstan. The invited participants of the meeting included representatives of the supreme state authorities, financial institutions, Russian and Tatarstan organizations.

"AK BARS Bank has launched a new product - the BankOK virtual card, which requires a mobile device on iOS or Android platform with the BankOK application installed, Internet access and a valid AK BARS Bank card with the AK BARS Online service connected.

April 3, 2015

The Extraordinary General Meeting of Shareholders of AK BARS BANK decided to increase the Bank's authorized capital by placing additional registered uncertificated ordinary shares in the amount of RUB 9.8 billion.

23 April 2015

AK BARS BANK and KAMAZ signed a strategic partnership agreement and an agreement on implementation of the KAMAZ-finance credit program. Within the framework of the agreement AK BARS Bank together with OJSC KAMAZ with the support of JSC Russian Bank for Small and Medium Business Support (JSC SME Bank), Guarantee Fund of the Republic of Tatarstan and NDKO Agency for Credit Guarantees implemented the preferential credit program for small and medium businesses to purchase new automobiles of OJSC KAMAZ. The program is designed to become an accessible and convenient financial tool for business, as well as to contribute to the improvement of the socio-economic climate in the Republic of Tatarstan.

May 20, 2015

On May 19, 2015 AK BARS BANK took part in the meeting of the League of National Partners of the 16th FINA World Aquatics Championship 2015 in Kazan, where it acted as the National Partner and the Official Bank of the Championship.

To provide high-quality banking services to guests and residents of the Republic of Tatarstan during the FINA World Championships AK BARS Bank undertook to create a payment infrastructure, in particular at the sports venues intended for the competitions within the Championship.

For convenience of guests and residents of the capital AK BARS Bank has developed bank cards with a unique design, containing symbols of the 16th FINA World Championships 2015 in Kazan.

Besides, to support the volunteer movement the Bank issued a special product - "Volunteer Card". The "Volunteer Card" is a set that includes a prepaid refillable perforated MasterCard PayPass® card with contactless payment technology and a bracelet with an insert for the named card.

July 9, 2015

OAO AK BARS BANK became the winner of the "Basis for Growth - 2015" Award in the category "Regional Program of the Year" in which the Bank presented the credit program "KAMAZ-Finance".

The award ceremony was held in Moscow at the fourth practical conference "Small and Medium Business: Growth Points" was held in Moscow. The organizer of the conference and the founder of the award is LLC "Social Projects" Organizing Committee of the Award "Basis for Growth 2015" SP Group.

July 23, 2015.

"AK BARS" Bank was awarded the "STP Award 2014" for impeccable quality of commercial payments and interbank transfers. The Bank was determined as the winner of the award by Commerzbank, one of the largest financial institutions in Europe.

July 29, 2015

"AK BARS" Bank opened new format offices as part of the reformatting of the branch network in accordance with the approved development strategy of the Bank. New offices were opened in Savinovo shopping center (93, Yamashev St.), MEGA shopping center (141, Pobedy Ave.), as well as at 6, Kremlevskaya St.

August 6, 2015

"AK BARS" Bank closed the transaction on placement of three-year senior unsecured loan participation notes in accordance with the RegS rule. The Bank was the first among Russian financial institutions to place Eurobonds in dollars in 2015, marking the market benchmark. The placement took place under the Bank's program to issue medium-term loan participation notes totaling $1,500,000,000. US$1,500,000,000. The issue was arranged by Credit Suisse Securities (Europe) Limited and UBS Limited. The transaction aroused significant interest of international and Russian investors. The issue was placed at face value, and the coupon yield/coupon rate on the Eurobonds was set at 8% per annum. The issue is rated BB- by Fitch and B1 by Moody's.

7 August 2015

"AK BARS Bank launched a new mobile application "AK BARS Online" for Android and iOS platforms. The mobile application "AK BARS Online" allows making payments and transferring money between accounts and cards easily, quickly and safely, repaying loans from your phone at any time of the day, without visiting the Bank's office.

10 August 2015

"AK BARS Bank received an award from Julio Maglione, President of the International Swimming Federation (FINA), for the contribution to the organization of the FINA World Championships 2015 in Kazan. The trophy of the Championship is engraved with the words of gratitude addressed to the Chairman of the Board of AK BARS BANK Robert Minnegaliev: "With our sincere gratitude and appreciation for your contribution and support to the excellent organization of the FINA World Championships and FINA World Masters Championships.

August 20, 2015

"AK BARS Bank has changed its organizational and legal form to public joint-stock company (PAO) in connection with the requirements of the Federal Law No. 99-FZ of 05.05.2014. "On Amendments to Chapter 4 of Part One of the Civil Code of the Russian Federation and on Annulment of Certain Provisions of Legislative Acts of the Russian Federation".

September 6, 2015

The solemn opening of the restored "Molodezhny" square on Dekabristov Street took place. The investor of the project was AK BARS Bank, the construction works were carried out by AK BARS Stroy LLC. The idea of reconstructing Molodezhny Public Garden was implemented within the declared Year of Parks and Public Gardens in Kazan. In the course of the landscaping of the square, works on laying concrete tiles, asphalting of roads and measures for complex landscaping were carried out.

October 15, 2015

"AK BARS Bank paid the sixth coupon yield and redeemed its series BO-01 interest-bearing non-convertible documentary bearer bonds with mandatory centralized custody (Issue Identification Number: 4B020102590B dated 19 October 2010). The exchange-traded bonds of AK BARS Bank with the maturity of 3 years were placed in October 2012, the volume of the loan of 5,000,000,000 (five billion) Russian rubles.

The payment for the sixth coupon period amounted to 297 950 000 roubles. 00 kopecks. (Two hundred ninety seven million nine hundred fifty thousand rubles, 00 kopecks of RF). Coupon yield per bond amounted to RUR 59.59. 59 kopecks. (Fifty-nine rubles 59 kopecks RF). The rate of the sixth coupon is 11.95% per annum.

9 November 2015

Zufar Fanilovich Garayev was appointed the Chairman of the Management Board of PJSC "AK BARS" BANK. The candidacy of the new Chairman of the Management Board was confirmed by the Letter of the Volgo-Vyatsky Main Department of the Central Bank of the Russian Federation, Branch - National Bank of the Republic of Tatarstan dated 30.10.2015.

16 November 2015

"AK BARS Bank joined the syndicated loan for JSC Development Bank of the Republic of Belarus, acting as the Authorized Lead Arranger and Participating Bank within the syndication.

The transaction documentation was signed on November 16, 2015. The total amount of the transaction exceeded $160 million. THE SYNDICATION WAS SIGNED ON NOVEMBER 16, 2015. Eight Russian financial institutions took part in the syndicate, including ALFA-BANK JSC (Authorized Lead Arranger and Agent Bank), JSCB NOVIKOMBANK, PJSC Promsvyazbank, JSC Bank Finservice, JSC Rosselkhozbank, PJSC TRANSKAPITALBANK, PJSC AKB Svyaz-bank, PJSC AK BARS BANK.

19 November 2015

On November 19, 2015 AK BARS Bank repaid its own Eurobonds and paid the last coupon on this loan. Eurobonds in the amount of $500 million were placed in November 2012 with a rate of 8.75 per annum and maturity in 2015.

1 December 2015

"AK BARS" Bank concluded the first interbank agreement with a Belarusian bank to provide a buyer loan with EXIAR JSC insurance. "AK BARS Bank provided financing to Belgazprombank against the import contract of the Belarusian bank's customer with EXIAR JSC's risk insurance. The financing amounted to RUB 1 mln.

"AK BARS Bank attracted financing to the economy of Tatarstan on the principles of Shariah. OAO "AK BARS" BANK attracted funds in the region's economy in the amount of $100 mln. The documentation for the transaction was signed by the Bank. The transaction documentation was signed on December 30, 2013. The project became the second Islamic deal of AK BARS Bank in accordance with the Shariah principles after the debut one in Russia and CIS in 2011 in the amount of USD 60 mln. U.S. DOLLARS. This Murabaha deal was successfully accepted by the market. As a result, the volume of applications significantly exceeded the supply and a syndicate of participants of 11 banks was formed. The placement results confirmed the Bank's reputation as a reliable borrower among investors and were evidence of strong relationships with business partners.

20 February 2014

AK BARS BANK paid coupon income on the Series BO-03 Exchange-Traded Bonds. AK BARS BANK paid coupon income on February 20, 2014 on its series BO-03 interest-bearing non-convertible certificated bearer bonds with obligatory centralized custody (identification number of the issue: 4B020302590B dated June 25, 2013) for the first coupon period. The income of the bond holders was paid in the amount of RUR 44. 13 kop. (Forty-four rubles 13 kopecks) per bond, based on a coupon rate of 8.85%. The total amount of the income paid on the first coupon was RUR 220,650,000. 00 kop. (Two hundred and twenty million six hundred and fifty thousand rubles, 00 kopecks). The Series BO-03 Exchange-Traded Bonds are on the Lombard List of the Bank of Russia and the A-List of the MICEX Stock Exchange CJSC. The offer for the Series BO-03 Exchange-Traded Bonds will be made in February 2015.

May 8, 2014

The Ministry of Education and Science of the Republic of Tatarstan, the Ministry of Informatization and Communications of the Republic of Tatarstan, the State Unitary Enterprise of the Republic of Tatarstan "Center of Information Technologies" of the Republic of Tatarstan together with OJSC "AK BARS" BANK and MasterCard international payment system launched an innovative project - "Schoolchildren Card" in a number of schools of Zelenodolsk. The project is aimed at the formation of non-cash payments by students at school and outside the school. An important aspect is also building a system of attendance records in schools and institutions of additional education.

May 30, 2014

Kazan hosted the International Forum NFC Live 2014 Kazan, the general partner of which was OJSC "AK BARS" BANK. Managers and specialists of banks, payment systems, transport and telecommunication companies, retailers, municipal and state organizations responsible for development of payment services, marketing and bonus programs and developers of solutions based on NFC technologies participated in the International Forum NFC Live 2014 Kazan. This forum has become a platform where participants can discuss the prospects of NFC technology use in different market segments and evaluate already realized projects.

6 June 2014

Within the session "Development of Islamic financial infrastructure in Russia and the CIS" AK BARS Bank made a speech.

"AK BARS Bank is a permanent participant of the International Summit of Islamic Business and Finance, held in Kazan, the aim of which is to promote the development of economic and financial relations of the business participants in accordance with the Islamic principles.

26 June 2014

"AK BARS" Bank took part in the European Forum on Islamic Finance, organized by the specialized agency in the field of Islamic finance Islamic Finance News. This year, the IFN agency awarded the Bank a special prize in the context of the nomination "Best Deal in Europe 2013" in the framework of the Bank's raising of financing in 2013 on the principles of Murabaha to the amount of USD 100 million. USD.

"AK BARS" Bank was the Associated Sponsor of the forum held for the first time in Luxembourg. The forum covered in detail the Bank's case study* on the second international Islamic syndication concluded on the Shariah principles. The session was well received by the audience, generating considerable interest from international banks. This project became the second Islamic transaction of "AK BARS" Bank in accordance with the principles of Shariah.

18 August 2014

Fitch Ratings affirmed the Long-term Issuer Default Rating ("IDR") of AK BARS Bank at "BB-". The outlook on the rating is "Stable".

The rating reflects Fitch's view on the potential for (moderate) support from regional authorities, if necessary, given that the Bank's majority share is owned by these authorities (indirectly), and operational control over the Bank; as well as the history of capital and liquidity support to date and the significant market volume of the Bank in the banking sector of the Republic of Tatarstan.

September 1, 2014

Students, teachers and employees of the Volga Region State Academy of Physical Culture, Sports and Tourism received the Campus Card from AK BARS Bank at the beginning of the new academic year. The Campus Card of the Volga Region State Academy of Physical Culture, Sports and Tourism issued on the basis of the MasterCard PayPass® multi-service card from AK BARS Bank is a unique innovative product. Among the services implemented in "Campus card" - one-touch fare payment in city public passenger transport in a number of cities of Tatarstan, function of electronic student card (for Academy students) or electronic employee card (for teachers and other Academy employees), electronic pass in Academy access control and management system and electronic library card, as well as discounts and bonuses when making purchases in loyalty program "Friend of the Company" and international program ISIC (for students). This bank card will be used to pay the salaries of Academy employees and scholarship for students.

September 17, 2014

On September 17, 2014 AK BARS BANK paid coupon income on the issue of interest-bearing non-convertible documentary bearer bonds of series BO-02 with mandatory centralized custody (identification number of the issue: 4B020202590B from 19.10.2010) for the third coupon period. The yield was paid to the bond holders in the amount of RUR 48. 62 kopecks. (Forty-eight rubles 62 kopecks) per bond, based on a coupon rate of 9.75%. The total amount of the income paid on the third coupon was RUR 179,311,629.64. 64 kop. (One hundred and seventy-nine million three hundred and eleven thousand six hundred and twenty-nine rubles 64 kopecks).

September 23, 2014

A new website www.akbars.ru was developed, taking into account modern requirements for web design, accessibility of information, and ease of use of services. All information on the site is easily adaptable to any device - tablet, phone, desktop computer, and provides for comfortable work with touch screens.

The new website focuses on usability - everything you need is always at your fingertips. Popular banking products sections provide flexible selection and comparison tools. Once you have selected a product, you can immediately use the calculator to make a calculation and proceed to online application. If you have any questions, you can ask them in the express form.

October 16, 2014

AK BARS Bank paid coupon income on the issue of interest-bearing non-convertible certificated bearer bonds of series BO-01 with obligatory centralized custody (issue identification number: 4B020102590B dated 19.10.2010) for the fourth coupon period in the amount of 211 900 000 rubles. 00 cop. (Two eleven million nine hundred thousand roubles, 00 kopecks). The coupon income per bond amounted to RUR 42,000,000.00 (two hundred and eleven million nine hundred thousand roubles per kopeck). Thirty-eight kopecks. (Forty-two rubles 38 kopecks). The rate of the fourth coupon is 8.5%.

The Series BO-01 Exchange-Traded Bonds are listed on the First Level Quotation List of the MICEX Stock Exchange and on the Lombard List of the Bank of Russia. The Series BO-01 Exchange-Traded Bonds will be redeemed in October 2015.

31 October 2014

Expert RA rating agency awarded AK BARS Bank a diploma "For Contribution to Development of the Mortgage Market in the Regions" for significant achievements in mortgage lending.

18 November 2014

By the decision of the Board of the State Corporation "Deposit Insurance Agency" AK BARS BANK was recognized as the winner of the tender for the selection of bank-agents for payment of insurance compensation on accounts (deposits), opened in the bank on the date of the insured event for entrepreneurial activity to the depositors of the credit organization JSC "Simbirsk" Guberniy Bank.

December 2, 2014

Within the framework of the competition of the Program "100 best goods of Russia" the mortgage program "Just genially" from AK BARS Bank was awarded the diploma of the laureate, the auto lending program for individuals "AutoHIT" from AK BARS Bank became a diploma winner.

December 22, 2014

On December 20, 2014, a grand opening of the restored building of the cultural heritage of municipal importance - the House of Merchant L.V. Kekin, designed by architect H. Pashkovsky, formerly the Volga Hotel - was held at 3 Gorky Street after the restoration works. The opening ceremony was attended by Rustam Minnikhanov, President of the Republic of Tatarstan, representatives of the executive authorities, heads of ministries and departments, Ilsur Metshin, Mayor of Kazan, as well as artists and cultural figures.

The event was the opening of the new office of the Financial House AK BARS Person, distinguished by a number of unique features. One of them - round-the-clock access to safe deposit boxes of a new level for clients of the Financial House "AK BARS Persona".

24 December 2014

AK BARS BANK was awarded first place in the nomination "For participation in solving social problems of the territories and development of corporate charity" of the Republican stage of the national competition "Russian organization of high social efficiency".

At the meeting of the Board of Trustees of Kazan (Volga Region) Federal University Chairman of the Board of Directors of OJSC AK BARS BANK Robert Minnegaliev and rector Ilshat Gafurov signed an agreement on cooperation and strategic partnership for the opening and implementation of the joint project "Educational and Scientific Unit "Business School of OJSC AK BARS BANK". The aim of the Business School is to train highly qualified specialists from among the students of KFU, oriented to work at OJSC AK BARS BANK.

28 February 2013

According to the analytical center for mortgage lending and securitization "Rusipoteka" AK BARS BANK joined the top 10 banks by the results of the issuance of mortgage loans in 2012. The 101.8% increase in the volume of mortgage loans issued compared to 2011 allowed the Bank to take 8th place by the number of loans and 9th place by the volume of mortgage loans issued in 2012.

27 March 2013

"AK BARS Bank issued over 25,000 cards for the accredited participants of the 2013 Summer Universiade The multi-service prepaid MasterCard® card developed by AK BARS Bank especially for the participants of the World University Games combined the functions of an international bank card and an accreditation badge. The card enabled cardholders to make non-cash payments, pay for tickets on public transport in Kazan and other cities of the republic, get bonuses and discounts under a special loyalty programme, and also get access to Universiade venues. In addition, the membership card is equipped with the innovative one-touch MasterCard PayPass® payment technology, which allows you to pay for everyday purchases almost instantly. AK BARS Bank provided these cards to 120,000 participants of the 2013 Summer Universiade. Among them 20,000 cards for the volunteers.

May 15, 2013

AK BARS BANK issued the Kazan City Guest Card. The Guest Card is a unique banking product developed on the basis of the prepaid MasterCard PayPass multi-service card. It includes basic functionality of multiservice cards from OJSC "AK BARS" BANK: bonus offers within the loyalty program "Friend of the Company", instant payment for purchases using contactless payment system.

May 31, 2013

AK BARS Bank held its Annual General Meeting of shareholders. The meeting approved the renewed composition of the Board of Directors, and also elected the Chairman of the Board of Directors, who became Valery Sorokin, General Director of OJSC Svyazinvestneftekhim.

July 5, 2013

Especially for the 27th World Summer Universiade an official partner of AK BARS Bank with the support of MasterCard began issuing prepaid MasterCard PayPass cards in the watch2pay wristwatch form factor. To make a purchase, it is enough to bring the watch to the terminal with the PayPass logo installed at the cash register, in a store, cafe or gas station. You do not need to enter the PIN or sign a receipt to make a purchase within the territory of the Russian Federation if you pay up to 1000 rubles. Pre-paid MasterCard PayPass "AK BARS" Bank, placed in the watch2pay, contains a transport application for payment of fares in urban passenger transport in Kazan and several other cities of the Republic of Tatarstan. And also allows you to participate in the loyalty program "Friend of the Company", which provides bonuses, discounts or "cash back" (return up to 20% of the purchase price) when making purchases at more than 300 partners of the program "Friend of the Company".

July 8, 2013

With support from MasterCard, an official partner of AK BARS Bank started issuing prepaid MasterCard PayPass cards in the watch2pay wristwatch form factor specially for the 27th Summer Universiade on 5 July 2013. AK BARS Bank's prepaid MasterCard PayPass card placed in the watch2pay watch contains a transport application and also allows to participate in the loyalty program "Friend of the company".

18 September 2013

For the first time in Russia specially for the fans of the game with puck "AK BARS" Bank together with the hockey club "Ak Bars" issued the "Fan Card". The new card is a pass to all home games of the favorite team, a MasterCard WorldWide international payment system card, with MasterCard PayPass® one-touch payment technology, a transport add-on and a special bonus and discount program for buying sports merchandise at the Ak Bars Hockey Club store and paying for goods and services at the Tatneft petrol station network.

November 27, 2013

The awards ceremony of "100 Best Goods of Russia" and "Best Goods and Services of the Republic of Tatarstan" took place in the Kazan City Hall. Besides the above-mentioned awards, the "Multi-service" MasterCard with PayPass® function was also awarded with the status "Novelty of the Year". The main feature of "Multiservice" card from "AK BARS" Bank is a combination on one card of a large number of functions and non-financial services, including contactless payment technology MasterCard PayPass®, which allows to pay for purchases in one touch. This honorary award confirmed the high level of AK BARS Bank's innovative products and their convenience for clients.

29 November 2013

"AK BARS Bank celebrated its 20th anniversary A full-fledged member of the global banking system - OJSC AK BARS BANK entered its third decade among the 20 largest credit institutions of Russia. Having all types of banking licenses, "AK BARS" Bank provides more than 100 types of banking services. Harmony of interests is the main principle that AK BARS Bank has been implementing for 20 years. The Bank regularly expands its product line, improves the quality of its services, and achieves mutually beneficial relations with its clients and partners. Today it is difficult to imagine the banking system of the country without "AK BARS" Bank - a stable and effective financial institution with the potential for further growth.

10 December 2013

Moody's raised the long-term deposit rating of AK BARS BANK in local and foreign currencies from B2 to B1. At the same time the rating of own financial strength was upgraded from E to E+. The outlook on both ratings is stable. The key factor that influenced the positive revision of the rating by the agency was the reduction of the Bank's non-core assets, which eased the pressure on the capital. The rating of the Bank's own financial strength is supported by its strong commercial franchise in the Republic of Tatarstan and an adequate branch network in the region. At the same time Moody's Interfax rating agency raised the national scale rating of AK BARS Bank from A3.ru to A2.ru. The national scale rating has no forecasts.

There was a ceremony of "Deal of the Year - 2011" in Dubai, UAE. AK BARS Bank was recognized as the best Islamic deal in Europe according to the leading Internet publication in the field of Islamic finance market Islamic Finance news. AK BARS Bank has become the first bank in CIS and opened access to the market of Islamic finance for borrowers from Russia.

22 May 2012.

Following the results of 2011 AK BARS BANK has entered the top 10 of the best retail banks in Russia. In making the rating the number of bank cards in circulation, the number of own ATMs in Russia, the volume of issued mortgage, unsecured and car loans were taken into account.

6 June 2012

"AK BARS Bank issued a multi-service card. Multiservice cards of OJSC "AK BARS" BANK with MasterCard PayPass technology combine the capabilities of a transport card and allow to use the loyalty program "Friend of the company". One of the most interesting services offered by the new card product is an opportunity to add tickets for Universiade events to the multiservice card.

July 13, 2012

"AK BARS Bank has successfully closed a Eurobond placement deal. AK BARS Luxembourg S.A. (the "Issuer") has issued Eurobonds in the amount of US$600,000,000 with an interest rate of 8% per annum and maturity in 2022 (the "Eurobonds"). The Eurobonds were issued for the purpose of financing a subordinated loan in favor of OJSC AK BARS BANK (the "Bank"). The organizer of the Eurobond issue was Credit Suisse. The Eurobonds were issued under the loan participation notes program by the Issuer in the amount of 1,500,000,000 US dollars with limited recourse for the purposes of financing loans to the Bank.

22 July 2012

AK BARS BANK has been the general financial partner of Rubin Football Club Kazan in the 2012-2013 season. The multi-service card of AK BARS Bank with a subscription application for Rubin FC matches or "Fan Card" was the first stage of cooperation between OJSC AK BARS BANK and Rubin FC. This unique high-tech product combines a pass card for Premier League matches of the 2012-2013 season, a payment card with PayPass contact-free payment and the loyalty program "Friend of the Company", as well as a transport app.

16 August 2012

"AK BARS Bank was declared the winner of the tender held by the Deposit Insurance Agency to select agent banks for payment of insurance compensation to depositors of Mobilbank Open Joint-Stock Company (Izhevsk).

17 August 2012

According to the rating of the leading mortgage banks in the first half of 2012, compiled by the Analytical Center of RUSIPOTECA companies, AK BARS Bank took eighth place by the volume of extended mortgage loans.

16 October 2012

AK BARS Bank on October 16, 2012 paid coupon income on the issue of interest-bearing non-convertible documentary bearer bonds of Series 04 with obligatory centralized custody (state registration number 40402590V) for the eighth coupon period in the amount of 191,688,538 rubles. 80 kop. (One hundred ninety-one million six hundred eighty-eight thousand five hundred thirty-eight rubles 80 kopecks). The coupon income per bond amounted to 44 rubles. 88 kopecks. (Forty-four rubles 88 kopecks).

October 26, 2012.

AK BARS Bank presented its volunteer card in Kazan. The unique MasterCard PayPass® one-touch bank card from OAO AK BARS BANK is a fully functional payment tool that helps Kazan 2013 volunteers to pay for purchases at trade and service outlets or use public transport, discounts, bonuses and various privileges from partner companies. Moreover, the card enables to record e-tickets for the 2013 Summer Universiade games.

November 19, 2012

"AK BARS Bank has issued Eurobonds in the amount of US$500,000,000 at 8.75% per annum and maturing in 2015 in the form of non-recourse loan participation notes issued to AK Bars Luxembourg S.A. for the sole purpose of financing a loan to AK BARS Bank under the Loan Participation Notes Programme for the total amount of US$1,500,000,000. USD 1,500,000,000. Credit Suisse Securities (Europe) Limited and VTB Capital plc were the lead arrangers of the issue.

4 December 2012

AK BARS BANK has completed the redemption of its Eurobonds and the payment of the last coupon. The US$280m Eurobond was placed in December 2009, at a coupon rate of 10.25% per annum. Part of the US$205m bond was purchased by new investors, while the other part, worth US$75m, was placed under the LPN swap deal to be repaid in 2010. The placement and exchange was arranged by Credit Suisse.

The Chairman of the Board of OJSC AK BARS BANK Robert Minnegaliev and the Governor of the Leningrad Region Valery Serdyukov signed a cooperation agreement on implementation of the "Universal Electronic Card" project at the St. Petersburg International Economic Forum. AK BARS BANK has been chosen by the Government of the Leningrad Region as the project integrator due to its leading experience in implementing social projects with the use of bank cards in the Republic of Tatarstan.

8 June 2011

Fitch Ratings confirmed AK BARS Bank's long-term rating at BB with a stable outlook.

Ratings "AK BARS" Bank reflects the potential support from the Government of the Republic of Tatarstan ("BBB-"/Stable outlook). The confirmation of the international ratings by Fitch Ratings reflects the Bank's stable financial position in its current operations with a positive trend for the future, despite the negative impact of the global financial crisis on the Russian banking sector.

12 September 2011

AK BARS BANK has entered into the maiden CIS syndicated financing deal of USD 60 million.

The attracted funds will be directed to finance AK BARS Bank's activity in accordance with the Shariah norms on the territory of the Republic of Tatarstan and regions of the Russian Federation. The deal raised considerable interest among investors from the Middle East and made it possible to increase the awareness about Russia and Tatarstan in the Islamic investment community.

October 26 2011

OAO AK BARS BANK redeemed on October 25, 2011 the bonded loan in the amount of RUB 3,000,000,000.

On October 25, 2011 AK BARS BANK paid the sixth coupon yield and redeemed series 03 interest-bearing non-convertible documentary bearer bonds with obligatory centralized custody (state registration number 40302590V). The OJSC AK BARS BANK bonds with the term of maturity of 3 years were placed in October 2008, the volume of the loan is 3 000 000 000 (three billion) Roubles.

"AK BARS Bank was granted Principal Member status in the international payment system Visa International.

AK BARS BANK redeemed its own Eurobonds and paid the last coupon on the loan. The Eurobonds in the amount of US$250 million were placed in June 2007 with a coupon rate of 8.25% per annum. The issue was arranged by Citigroup and Deutsche Bank.

AK BARS Bank's project Transport Card was awarded a diploma of the "Golden Chariot" National Award of Russia's transport industry.

In 2010 AK BARS Bank and UBS AG signed a framework credit agreement under which contracts of Russian companies for the purchase of equipment from Switzerland and other countries of the Organization for Economic Cooperation and Development will be financed under guarantees of state export credit agencies of those countries.

"AK BARS Bank became one of the founders of OJSC "Universal Electronic Card", authorized to issue and service the unified electronic card of the citizen.

AK BARS Bank has increased its charter capital by 47% to RUB 28 215 396 326.

The Bank paid the sixth coupon yield and redeemed interest-bearing non-convertible certificated bearer bonds of Series 02 with obligatory centralized custody. The total coupon yield and redemption amounted to RUR 1,559,835,000. AK BARS Bank's bonds with a maturity of 3 years were placed in January 2006; the loan amount equaled RR 1,500,000,000. The 6th coupon rate was 8% per annum.

Also in 2009 AK BARS Bank timely and fully repaid the syndicated loan of $200 mln raised in 2008 and organized by Banco Finantia, S.A., Commerzbank AG, ICICI Bank UK PLC, Landesbank Berlin AG, WestLB AG (London branch).

On the eve of its 15th anniversary, the Bank's branch network reached 46 branches, 26 of which are located in the largest cities of the Russian Federation.

As on January 1, 2008, the total amount of the credits given to the individuals amounted to 19 458 million Rubles. The amount of the attracted funds of the physical persons made 24,909 million Rubles.

There was a solemn signing of the Joint venture agreement between OJSC AK BARS BANK and the Korean company KP Chemical. The Bank attracted a syndicated loan to the amount of 75 million dollars.

"AK BARS Bank obtained a license of the international payment system MasterCard Worldwide for merchant acquiring.

"AK BARS Bank placed three-year Eurobonds for $300 million. In the course of the placement there were more than 75 applications for the total amount of about $530 million, as a result of which the order book closed at the lower limit of the previously announced price range.

"AK BARS Bank on September 10 has completed raising a syndicated loan of 100 million dollars, announced in mid-July. The loan was arranged by The Bank of Tokyo-Mitsubishi UFJ, LTD and Calyon.

"AK BARS Bank begins issuing premium bank cards Visa Platinum. This is an exclusive product designed for the most demanding clients.

AK BARS Bank's retail loan portfolio grew by 77% and as of October 1, 2007 it amounted to 17 312 mln roubles.

"AK BARS Bank is among the 30 largest Russian banks. This is evidenced by the list of credit institutions drawn up by the Central Bank of the Russian Federation as of December 1, 2005. "AK BARS Bank is the 1st in the rating of the Russian Federation in terms of the volume of loans to small businesses, the 14th in terms of equity, the 18th in terms of net assets, and the 21st in terms of profit.

Based on the results of the additional share issue, the authorized capital of OAO AK BARS BANK exceeded 19 billion rubles.

"AK BARS Bank joined the founders of the National Bureau of Credit Histories.

"AK BARS Bank obtained the status of the Associate Member of VISA international payment system, which gave the Bank the right to issue all types of VISA cards.

The Bank's Call-Center started working.

The territorial network of the Bank reached 33 branches, 61 additional offices, 1 representative office and 100 operational cash desks.

The volume of private deposits placed in OJSC "AK BARS" BANK exceeded 10 billion rubles.

An interbank loan agreement was signed between OAO AK BARS BANK and Comerchny Bank (Czech Republic) for the amount of EUR 11.9 million for 5 years.

The first stage of the processing center of OJSC "AK BARS" BANK was put into operation. Taking into account the placement of the additional share issue, the authorized capital of OAO AK BARS BANK amounted to RUB8 billion.

Four Russian branches were registered in Cheboksary, Mariy-El, Nizhny Novgorod and Ulyanovsk.

November 29, 2003 AK BARS Bank celebrated its 10-year anniversary.

In 2003 the Bank started active realization of its own mortgage program on the territory of Tatarstan. "AK BARS Bank became a member of the Russian Trading System.

"AK BARS Bank concluded an agreement with the Department of the Pension Fund of the Russian Federation in the Republic of Tatarstan on payment of pensions through the Bank's branches and additional offices.

A new technology of receiving housing and utility payments was implemented.

Signing of a loan agreement between AK BARS Bank and Raiffeisen Zentralbank Osterreich AG (RZB-Austria) and ZAO Raiffeisenbank Austria for the amount of USD 15 million.

The Bank's credit portfolio amounted to more than 5.2 billion rubles.

The number of depositors of AK BARS Bank exceeded half a million.

A credit agreement was signed with the first largest Spanish bank - Banco Bilbao Vizcaya Argentaria, to the amount of 25 million euros.

AK BARS Bank and Bayerische Hypo-und Vereinsbank AG (Germany) signed an agreement on project financing for up to EUR 5 million.

The Bank received the first batch of gold with a total weight of 36 kg.

"AK BARS Bank started active lending to small and medium-sized enterprises of the Republic of Tatarstan.

The total number of the Bank's corporate clients exceeded 14 thousand.

The program of crediting the population for the purchase of consumer goods was started.

The number of "Zolotaya Korona", "Union Card", "Europay", "Fanchip Payment" plastic cards issued by the Bank exceeded 55 thousand. "AK BARS Bank started issuing international plastic cards Eurocard/MasterCard, Cirrus/Maestro and Union Card.

It is planned to issue international plastic cards in Q1 2000.

"AK BARS Bank joined the international payment system "Western Union Money Transfers" and the Association of Russian Banks. Interkamabank decided to join AK BARS Bank.

The Bank became a member of the Association of Bill Market Participants (AUVER).

The Bank was transformed into an open joint-stock company.

"AK BARS Bank became a member of the World Banking Telecommunication Community (S. W. F. T).

The Bank's authorized capital was increased by 1.5 billion rubles and made 2 billion rubles.

The Bank obtained the status of the authorized body for keeping the gold reserve of the Republic of Tatarstan.

The Bank's paid-in authorized capital amounted to 537.6 billion rubles.

Tatinfrabank was merged and reorganized into the Kazan branch of AK BARS Bank.

The first two full-fledged branches were opened in Mamadysh and Bugulma.

The Bank's promissory note program is entering its active phase.

"AK BARS Bank obtained a license for banking operations in foreign currency. This allowed the Bank to make a qualitative leap forward in its work with individuals.

This year can be considered the beginning of the Bank's branch system formation, as 22 representative offices of OJSC "AK BARS" BANK were created on the territory of the Republic of Tatarstan.

The Central Bank of Russia registered 2 issues of shares. According to the results of the emission, the Bank's authorized capital made up 20 mln. denominated rubles.

July - AK BARS Bank was appointed as the authorized bank of the Cabinet of Ministers of the Republic of Tatarstan to service the republican government's accounts.

A promissory note program was launched, the results of which allowed the Bank to reach a new level of servicing corporate clients.

November 29 - Date of registration of the joint-stock commercial bank AK BARS Bank.

The Bank gets a new house - in the building of a former hotel at 1 Dekabristov St., Kazan.