The Central Bank of the Russian Federation registered the additional issue of SMP Bank ordinary shares to be placed in private offering. The offering will involve the placement of 581,395,350 shares of 1.72 roubles nominal value, with the total offering being equal to 1 billion and 2 roubles by the nominal value.
SMP Bank has been operating in the Russian bank market since 2001 and currently offers both personal and corporate banking services, including financial institutions.
The bank’s main products and services include business loans, mortgages, bank cards, deposits, financial market transactions etc.
SMP Bank has over 100 branches covering over 40 Russian cities, with 50 in the Moscow Region alone.In addition, the bank’s AS SMP Bank subsidiary operates in Latvia.SMP Bank’s cash machine network includes more than 300 locations, and cardholders can also withdraw cash from Unified Settlement System cash machines (over 9,000 locations) free of charge or for a small commission depending on their tariff plan.
SMP Bank is ranked as one of the 40 largest Russian banks in the Interfax-TsEA ranking in terms of assets for the end of 2012 (39th position), with Moody's Investors Service Ratings (financial stability: E+; deposits: B3\Not prime; creditworthiness on a national scale: Baa3.ru; the forecast for all ratings is stable) and an individual credit rating of AA from the National Ratings Agency.
November 18, 2013
November 13, 2013
Payouts for each coupon will amount to 45.87 roubles per one bond of 1 thousand roubles nominal value.
The Bank placed its debut bond issue of 3 billion roubles on May 29, 2012, in public offering. 10 semi-annual coupons are to be paid out in the 5-year offering. The rate of coupon 1 was fixed at 10.25% p.a. based on the results of book building. The issuer set the rate for coupons 2 and 3 at the level of 10% p.a. The bonds also envisage put option with the settlement date of November 29, 2013.
November 12, 2013
The loan amounted to the total of 130 million USD for a term of one year with an option of extension by one more year. The loan was arranged under the pledge of the Open Joint Stock Company “International Bank of Azerbaijan”, the sole member of “Bank “IBA-MOSCOW” OOO. ZAO AKB “NOVIKOMBANK” acted as the Facility Agent. MDM Bank (OAO), OAO “Uralsib”, OAO “SMP Bank” and AKB “NOVIKOMBANK” also took part in the deal as Mandated Lead Arrangers.
October 28, 2013
SMP Bank took part in the syndicated loan arranged by a pool of the Russian and foreign banks for ALFA-BANK (Ukraine). The loan amounted to the total of 72.5 million US dollars for a term of 1 year. The attracted funds will be used for the development of trade finance and for general corporate purposes.
September 11, 2013
The Bank was ranked 30th in the ranking prepared by the Expert Rating Agency.
According to the Agency’s estimations, the volume of loans to organizations granted by the Bank exceeds 76 billion rubles, with the share of the past due loans less than 1%.