Russian Standard Bank - Senior loan



Project number:


Business sector:

Insurance, Pension, Mutual Funds

Notice type:


Environmental category:


Approval date:

12 Jul 2011



PSD disclosed:

13 Jul 2011

Translated version of this PSD: Russian

Project Description

The Project, when approved by the EBRD’s Board of Directors, will consist of a senior loan of RUB 4 billion to Russian Standard Bank. The Project is aimed at supporting the expansion of RSB’s consumer lending activities in the regions of Russia.

Transition Impact

The Project is expected to have the following transition impacts:

  • Support to one of the recognised providers of consumer finance well established on the market and, through this funding, increase competition in the sector;
  • Setting standards for corporate governance and business conduct;
  • Aid of the development of the retail market segment, which is increasingly sophisticated and strategically important for the Russian market
  • Support to responsible retail consumption by individual households of products which satisfy basic needs and bring a better quality of life, particularly in the regions through wider access to financing

The Client

Russian Standard Bank is one of the leaders in consumer lending; it is the market leader in credit cards and within the top 4 in terms of points-of-sale loans in Russia. It has one of the widest and diversified distribution channels in the country.

EBRD Finance

The Project will consist of a three-year senior loan of RUB 4 billion.

Project Cost

RUB 4 billion.

Environmental Impact

Categorised FI. This is a consumer finance operation that will have minimal or no adverse environmental or social risks, therefore limited specific environmental requirements will apply.

The bank will be required to improve its human resource policies, procedures and grievance mechanism in line with EBRD's PR2, adhere to the EBRD's Environmental and Social Exclusion and Referral Lists, and submit annual environmental and social reports to the EBRD.

Technical Cooperation


Company Contact

Nina Filiminova, Vice President, Head of Financial Institutions
Tel: +7 495 797 8405


Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

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Text of the PIP

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