The first Internet bank "Tinkoff Credit Systems"

Tinkoff Bank has made a real revolution in the minds of the consumer! Imagine an ideal bank, service in which takes a few minutes, reliability at the level of the TOP-50 bank rating, the highest interest rates on deposits, access to your finances from anywhere in the world and the best hotline. It's fantastic, you say. But such a bank exists and it is Bank Tinkoff Credit Systems www.tcsbank.ru! This bank has no branches at all, but at the same time it serves more than 2,000,000 customers throughout Russia! How does it work, you ask? But if you think about it, the departments are not really needed! We get several advantages at once:

• You no longer have to stand in line
• All operations can be carried out remotely
  (via the Internet bank or by calling the TCS Bank hotline)
• The loan is issued on individual terms
• A courier delivers a map in Moscow
• 99% of successfully resolved issues through the Call Center!

This is a revolution! The bank is included in the deposit insurance system, so all deposits up to 700,000 rubles are insured by the state. The absence of superfluous workers, the absence of rent for hundreds of additional offices made it possible to make rates on loans lower and higher on deposits.

To start working with TKS Bank, you must leave an application for a deposit or a credit card on the bank's website. Then, a courier will come to you, who will bring the contract and the PLATINUM card. You can withdraw cash without interest at any ATM. You can top up your account in a dozen different ways!

Extra bonus!! Tinkoff credit systems increases the size of your deposit by 1.5% when crediting money by bank transfer.

Example: Your contribution for 1 year of 100,000 rubles will bring you 11% per annum + 1.5% = 12.5% ​​per annum! These are record figures for the leading Russian banks!

A larger credit limit will be calculated by your call to the technical support hotline of Tinkoff Bank!

The most popular hotlines!

CJSC Tinkoff Credit Systems (abbreviated as TCS Bank) is a multi-branch bank owned and controlled by Oleg Tinkov. The main segments in which the financial institution operates are deposits individuals and credit cards. The main feature of TCS Bank is remote work with clients through representatives and through modern communication channels.

Shareholders: entrepreneur Oleg Tinkov, Swedish fund Vostok Nafta, investment bank Goldman Sachs.

Chairman of the Board: Oliver Hughes.

The history of the creation and development of the bank

Himmashbank (as the bank was originally called) was registered in 1994. In 2005, he became one of the credit institutions participating in deposit insurance. In 2006, the well-known businessman Oleg Tinkov acquired it and renamed it CJSC Tinkoff Credit Systems.

A year later, the international investment bank Goldman Sachs became a co-owner of the bank, and a year later, in 2008, the Swedish investment fund Vostok Nafta. In 2012, the international direct investment fund Baring Vostok Private Equity Fund IV invested $50 million in the capital of TCS Bank. In the same year, the bank's capital was replenished with funds from the Horizon Capital fund. In less than 5 years, the value of the bank has increased almost 7 times.

Activities of TCS Bank

TCS Bank operates in all regions of Russia. At the beginning of development, the main direction of its activity was lending to individuals through credit cards. Over time, other areas have developed: issuing debit cards and attracting deposits from the public via the Internet.

To date, the bank has issued more than 4 million units of debit and credit cards MasterCard systems. Placement of deposits from private clients is carried out using postal and bank transfers. It is also possible to deposit funds through an affiliate network: systems money transfers « Gold Crown”, “Contact”, etc., terminals, communication stores). The credit institution is currently launching the Tinkoff Mobile Wallet service.

Assets/liabilities

Composition of assets:

• 70% is the loan portfolio, of which loans to legal entities account for only 2%, and the remaining 98% are loans to individuals.
• 13% - funds in banks;
• 14% - funds issued by the IBC;
• 2% - funds on a correspondent account with the Central Bank and cash desk.

Composition of liabilities:

• 33% - funds of individuals;
• 32% - balances on settlement and deposit accounts legal entities;
• 7% - in bonds;
• 16% - own funds (reserves and capital).

Intra-monthly turnover on customer accounts is 25-50 billion rubles.

Tinkoff is not active in the interbank lending market and acts as a net lender from time to time.

CJSC Tinkoff Credit Systems Bank (TKS Bank) is one of the modern large banks in Russia. Works in all regions of the country. Businessman Oleg Tinkov took control of the bank. The main services of Tinkoff Bank are deposits and credit cards. The peculiarity of the bank's work is remote work with clients using modern communication channels and through representatives.

Historical information about Tinkoff Bank, the bank's activities

Tinkoff Bank was founded in 1994 like Himmashbank.

Currently, Tinkoff Bank works in the deposit insurance system , and also takes an active part in the international payment systems Mastercard and Visa, and has an SQ rating from the Moody's Rating Agency.

In 2013 , Tinkoff Bank held its first public sale of shares, as a result of which about $1.09 billion was raised on the London Stock Exchange.

In its activity Tinkoff Bank is the beneficiary . In the increased capital of TCS Bank, the share of Oleg Tinkov, before the first public sale of shares, amounted to 60.6%, and decreased to 50.9%.

Further, the blocks of shares were distributed among the following companies:

• The Vostok Nafta fund now owns about 4.8%.
• Investment bank Goldman Sachs - 4.5%.
• Baring Vostok - 2.9%.
• Horizon Capital - 1.4%.
• 1.2% was distributed by top managers of TCS, who received their shares as part of incentive programs (Altruco Trustees Ltd. is the nominal holder).

Currently, the bank's shareholder is large Cypriot company TCS Group Holding PLC.

Since 2007 , Tinkoff Bank works directly with individuals. Today, the bank issues credit and debit cards MasterCard systems. It should be noted that Tinkoff Bank issues debit cards for all TCS Bank depositors.

In the market of interbank loans Tinkoff is not active and occasionally acts as a net creditor.

At the end of 2012 the bank's net profit amounted to about 4.1 billion rubles (in 2011 - 2.2 billion). As of December 1, 2013, the bank earned 4.1 billion rubles.

Individual deposits are accepted through:

• Postal transfers.
• Bank transfers.
• Network of TCS partners (monetary transfers Contact, Golden Crown, etc., a number of communication stores, terminal networks, etc.).

Tinkoff Bank in numbers:

Board of Directors: Oleg Tinkov (chairman), Oliver Hughes, Vadim Stasovsky, Sergey Pirogov, Svetlana Ustilovskaya.

Governing body: Oliver Hughes (Chairman), Dmitry Kobzar, Ilya Pisemsky, Evgeny Ivashkevich, Stanislav Bliznyuk, Natalia Izyumova, Anatoly Makeshin.

Financial products of Tinkoff Bank

Deposits of Tinkoff Credit Systems bank

Tinkoff Bank offers deposits with favorable interest rates on ruble and foreign currency deposits to individuals. All types of deposits can be opened at any branch of Tinkoff Bank or you can submit an application online.

• Tinkoff Bank - SmartDeposit (rubles - 10.5%, US dollars - 5%, euros - 5%).

Credit cards at Tinkoff Credit Systems Bank

Tinkoff there are many proposals for credit cards with different conditions. More details can be found on the official website of Tinkoff Bank

Tinkoff Platinum — MasterCard World (Russian ruble — 24,9%):

Corn— MasterCard Standard, MasterCard World(Russian ruble - 28.9%):

• The rate is from 28.9% to 36.9%.
• Credit limit up to 300,000 rubles.
• Grace period up to 55 days.
• The fee for the 1st year of service is not charged.
• Bonus program.

All Airlines - MasterCard World(Russian ruble - 23.9%):

eBay - MasterCard World(Russian ruble - 23.9%):

• The rate is from 23.9% to 39.9%.
• Grace period up to 55 days.
• Issuance fee is not charged.
• Fee for the 1st year of service - 990 rubles.
• Cash back.
• Bonus program.
• Chip cards available.

Kanobu-Visa Platinum(Russian ruble - 23.9%):

One Two Trip - MasterCard World(Russian ruble - 23.9%):

• The rate is from 23.9% to 39.9%.
• Credit limit up to 700,000 rubles.
• Grace period up to 55 days.
• Issuance fee is not charged.
• Fee for the 1st year of service - 1,890 rubles.
• Bonus program.
• Chip cards available.

Afimall city — MasterCard World(Russian ruble - 23.9%):

reference Information about Tinkoff Bank

• ZAO Tinkoff Credit Systems Bank has a license— No. 2673 (information on the website of the Central Bank of the Russian Federation)
• Head of Tinkoff Bank— Hughes Oliver Charles (as of 02/13/2014)
• Head office address— 123060, Moscow, 1st Volokolamsky pr-d, 10, building 1
• Reference telephone numbers of Tinkoff Bank— 8 800 555-77-78, 8 800 555-22-77 (toll-free within Russia)
• Official website of Tinkoff Bank— www.tcsbank.ru

The bank was registered in January 1994 as Khimmashbank.

In 2005, the financial institution became a member of the deposit insurance system, and in 2006 it was acquired by a well-known businessman Oleg Tinkov* and renamed Tinkoff Credit Systems CJSC (TCS Bank), and also reoriented to work with individuals.

In 2007, among the owners credit institution entered the international investment bank Goldman Sachs, in 2008 it was joined by the Swedish investment fund Vostok Nafta.

In mid-2012, the international direct investment fund Baring Vostok Private Equity Fund IV invested USD 50 million in the capital of TCS Bank during an additional issue. In October of the same year, the Horizon Capital fund (specialized in investments in companies with medium capitalization and high growth potential, headquartered in Kyiv) entered the capital of the financial organization. In less than five years, the value of TCS Bank has increased almost sevenfold.

In October 2013, the bank carried out an IPO, as a result of which about USD 1.09 billion was raised on the London Stock Exchange. In addition to a part of the existing package, investors were offered additionally issued shares of the bank. In the increased capital of TCS Bank, the share of Oleg Tinkov, which was 60.6% before the IPO, decreased to 50.9%.

In August 2014 at the United State Register legal entities, an entry was made on the creation of a limited liability company "Phoenix". Phoenix LLC is a subsidiary of TCS Bank with a 51% stake in the latter. It was planned that this company would provide the bank with services for the collection of bad debts.

In March 2015, the financial institution changed its legal form and name to Tinkoff Bank JSC.

In June 2015, an antimonopoly case was initiated against Tinkoff Bank in the Federal Antimonopoly Service for St. Petersburg, which was subsequently transferred to the central office of the Federal Antimonopoly Service. In the summer of 2015, the bank's actions caused a wide public outcry, which was associated with a unilateral change in the conditions for SmartDeposit by the bank. The basis was complaints from citizens regarding the bank's decision to unify the conditions for replenishing deposits opened from December 24, 2014 to April 30, 2015, as well as deposits for which the rate was increased due to changing market conditions. So, for all replenishment of these deposits, credited from July 1, 2015, the bank decided to apply a single rate, regardless of the term of the deposit: 13% for ruble and 4% for foreign currency deposits. For comparison: earlier on SmartDeposit, the interest rate on additional contributions was charged at a fixed rate of 16% to 18% per annum, depending on the date of conclusion of the agreement with the client. On October 26, 2015, the Antimonopoly Service recognized the actions of Tinkoff Bank as an act of unfair competition, since the bank attracted funds from individuals in time deposits with a subsequent deterioration in their consumer properties. Due to the fact that the identified violation was not eliminated by Tinkoff Bank on a voluntary basis, the FAS commission issued a corresponding order to the bank. The credit institution was required to cancel the decision to reduce interest rate, accrued from July 1, 2015 on the amount of additional contributions to replenished term deposits, under agreements executed in the period from December 24, 2014 to April 30, 2015 inclusive, and under deposit agreements, for which the interest rate was increased in the period from December 17, 2014 to April 30, 2015. The Federal Antimonopoly Service also ordered the bank to pay clients the lost income they received within 90 days from the date of receipt of the order. In addition, the FAS imposed fines on Tinkoff Bank and its official in the amount of 300 thousand and 12 thousand rubles, respectively, for unfair competition in the deposit market (an administrative offense under part 1 of article 14.33 of the Code of Administrative Offenses), after which the decision and order of the FAS Russia were appealed Tinkoff Bank in a judicial proceeding with the requirement of the bank to recognize the decision and order of the antimonopoly service as illegal. However, in the end, on June 1, the court ruled in favor of the FAS. As a result, Tinkoff Bank canceled the decision to reduce the interest rate on deposits, taken unilaterally. The rate has been reduced since July 1, 2015. This concerned replenishments under expensive deposit agreements concluded from the end of December 2014 to April 2015, when banks sharply increased the profitability of deposits after a jump key rate up to 17%.

As of October 1, 2019, the net assets of the credit institution amounted to 534.8 billion rubles, the volume of own funds - 91.8 billion rubles. According to the results of three quarters of 2019, the bank shows a profit of 22.2 billion rubles.

Branch network:
head office (Moscow);
2 additional offices.

Owners:
shares publicly traded on the London Stock Exchange (in the form of GDRs) – 59.85%;
Oleg Tinkov - 40.15%.

Board of Directors: Oleg Tinkov (chairman), Oliver Hughes, Vadim Stasovsky, Sergey Pirogov, Svetlana Ustilovskaya.

Governing body: Oliver Hughes (Chairman), Ilya Pisemsky, Evgeny Ivashkevich, Stanislav Bliznyuk, Natalia Izyumova, Anatoly Makeshin, Valeria Pavlyukova.

* Oleg Tinkov (b. 1967) is a Russian entrepreneur, founder and former owner a chain of stores selling household appliances "Technoshock", a company for the production of fast food products "Daria", a brewing company and a chain of restaurants "Tinkoff". In 2000, Tinkov graduated from marketing courses at the University of Berkeley (California, USA). Since 2006 he has been developing the banking business.

reference Information

Registration number: 2673

Date of registration by the Bank of Russia: 28.01.1994

BIC: 044525974

Main state registration number: 1027739642281 (28.11.2002)

Authorized capital: RUB 6,772,000,000.00

License (date of issue/last replacement) Banks with a basic license are banks that have a license with the word “basic” in the name. All other operating banks are banks with a universal license:
License for banking operations with funds in rubles and foreign currency (without the right to attract deposits Money individuals) (24.03.2015)
License to attract deposits of individuals' funds in rubles and foreign currency (24.03.2015)
Licenses

Participation in the deposit insurance system: Yes

Information about Tinkoff Bank in Moscow

You can get all the necessary information about Tinkoff Bank in Moscow on this page of the site. All products of Tinkoff Bank in Moscow are freely available: loans, car loans, mortgages, deposits in rubles, in dollars. Here you will also find the nearest branch or branch of the bank for carrying out a particular banking procedure, there are 1 branches in Moscow. The corresponding section contains information about the location of Tinkoff Bank ATMs, today there are 113 of them.