Vostochny Bank

Vostochny Bank
Native name
банк Восточный
FormerlyZAO Far Eastern Regional Joint-Stock Bank of Vneshtorgbank, Vostochny Express Bank
Company typePublic joint-stock company
IndustryFinancial services
FoundedMay 1991 (1991-05)
DefunctFebruary 2022 (2022-02)
FateAcquired and absorbed
SuccessorSovcombank
Headquarters,
Area served
Eastern Russia
ProductsBanking services
Revenue43,362,500,000 Russian ruble (2017) Edit this on Wikidata
4,211,911,000 Russian ruble (2016) Edit this on Wikidata
3,198,170,000 Russian ruble (2016) Edit this on Wikidata
OwnerBaring Vostok
Websitewww.vostbank.ru

Vostochny Bank (Russian: банк Восточный) was a Russian bank based in Blagoveshchensk, Amur Oblast. It was established in 1991 and was acquired and absorbed in 2022 by Sovcombank.[1]

Vostochny Bank was focuses on the Siberian and Russian Far East markets, and ranked among the 30 largest Russian banks by assets prior to its acquisition.[2][3] The private equity firm, Baring Vostok owned a stake in Vostochny.[4]

  1. ^ "Orient Express Bank". ebrd.com. Retrieved 29 August 2017.
  2. ^ "Russia's Uniastrum to merge with Orient Express as banking consolidation accelerates". Intellinews. Retrieved 29 August 2017.
  3. ^ "Banker Kim Seeks Foreign Assets". The Moscow Times. Retrieved 29 August 2017.
  4. ^ "Foreign Investor for Orient Express Bank". The Moscow Times. Retrieved 29 August 2017.