Agropromcredit Bank’s top executives announced at a recent press conference that the name of their company was actually misleading as it no longer hinted at the bank’s core activities.

‘People often ask what we have to do with the country’s agriculture; the thing is, there used to be some agricultural entities among our founders, but now it’s just a name that does not mean anything in terms of our business directions,’ the bank’s BOD member Yuri Zverev said. Chairman Igor Sogin added that they were about to start a re-branding campaign.