Question 1

What is Solid Bank?

Accepted Answer

Solid Bank is a regional commercial bank with a universal license operating in Russia. Headquartered in Vladivostok, Primorsky Krai, the bank specializes in serving corporate clients and retail customers across the Far East and beyond. With over 30 years of banking experience, Solid Bank focuses on working with trading companies, manufacturing enterprises, agricultural businesses, and construction firms.

The bank holds a substantial position in its home region while expanding its national presence through offices in major cities including Moscow, Saint Petersburg, Yekaterinburg, and Novosibirsk.

Question 2

When was Solid Bank founded?

Accepted Answer

Solid Bank was founded on January 4, 1991, on the basis of a local branch of Zhilsotsbank USSR, initially operating as Kamchatka Commercial Bank for Entrepreneurship Support. The bank underwent several name changes during its evolution: it was renamed Kamchatbusinessbank in May 1996, and finally adopted the name Solid Bank in 2004.

The bank joined the deposit insurance system in January 2005. In late 2012, Japanese financial holding Sawada acquired a 40% stake in Solid Bank, while the controlling interest remained with Vladimir Semernin, president of financial house "Solid," and his family members. The bank's headquarters moved from Petropavlovsk-Kamchatsky to Vladivostok in July 2017.

Question 3

Where is Solid Bank headquartered?

Accepted Answer

Solid Bank's headquarters is located in Vladivostok, Primorsky Krai, at 33 Aleutskaya Street. The bank maintains regional offices across Russia, including Moscow, Saint Petersburg, Yekaterinburg, and Novosi birsk, with plans to open additional offices in other cities.

Question 4

Where does Solid Bank operate?

Accepted Answer

Solid Bank operates primarily across the Far Eastern Federal District of Russia, with a strong presence in Primorsky Krai and Kamchatka. The bank has expanded its geographic footprint nationally, opening offices in Saint Petersburg and Yekaterinburg in 2022, establishing multiple offices in Moscow, and launching operations in Novosibirsk in 2025.

The bank maintains approximately 19 operational, credit, and additional offices throughout Russia.

Question 5

What services does Solid Bank offer?

Accepted Answer

Solid Bank provides comprehensive banking services for both corporate and retail clients, including:

For Corporate Clients: Settlement and cash services with accounts in national and foreign currencies, remote banking through iBank2, corporate and payroll cards, deposits in rubles and foreign currencies (USD/EUR), various lending programs, and bank guarantees.

For Retail Clients: Deposits, consumer loans, cash services, rental of individual safe deposit boxes, individual investment accounts, investments in mutual funds and coupon bonds, and pension transfer services to non-state pension funds.

Precious Metals Services: The bank specializes in precious metals operations, offering impersonal metal accounts, purchase/sale of coins and bars made from precious metals, safekeeping accounts, and loans in precious metals. Solid Bank operates on the interbank and exchange markets for precious metals and purchases precious metals from subsoil users.

Digital Services: Online banking platforms and mobile applications for convenient account management.

Question 6

What makes Solid Bank unique?

Accepted Answer

Solid Bank distinguishes itself through several key characteristics:

Focus on Foreign Economic Activity: The bank specializes in providing individual solutions for businesses engaged in international trade and foreign economic activity.

Precious Metals Expertise: Solid Bank has developed significant expertise in precious metals operations, offering comprehensive services from trading to storage and lending in precious metals.

International Partnerships: As a member of the Russian-Chinese Financial Council since October 2017, the bank facilitates cross-border financial cooperation. The bank's partnership with Japanese financial holding Sawada (which owns 47.32% of shares) creates opportunities for Russian-Japanese business collaboration.

Regional Leadership with National Expansion: While maintaining its position as a leader in the Far Eastern region, the bank actively pursues nationwide expansion with a strategy to increase its presence across Russia.

Question 7

What type of financial institution is Solid Bank?

Accepted Answer

Solid Bank is a universal bank (банк с универсальной лицензией) in Russia, authorized to conduct the full range of banking operations. This classification, granted by the Bank of Russia, allows the institution to provide comprehensive banking services including deposit-taking, lending, foreign exchange operations, precious metals transactions, and various investment services.

The bank operates as a joint-stock company (акционерное общество) and is a participant in the Russian deposit insurance system, providing protection for retail depositors.

Solid Bank

in Russia 🇷🇺

Crypto-Friendliness

All done!

About Solid Bank in Russia