15 October 200810:15

Severnaya Kazna cashes 198 million RUR worth of deposits on October 13, 2008

Bank Severnaya Kazna cashed in 198 million RUR worth of customers’ deposits on October 13, 2008, the bank’s official forum states. This came to about 1% of the total volume of private individuals’ investments in the bank, as the private customers’ deposit volume totaled to 20,641,069,000 RUR on September 1, 2008.

Nevertheless, the bank’s employees report the bank keeps up with its business as usual and the withdrawal of nearly 200 million RUR is not a problem.

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Customers withdraw over 956 million RUR from Bank Severnaya Kazna in September 2008

Private individuals took out more than 956 million RUR from their deposits in Bank Severnaya Kazna in September 2008. All in all, the bank had 20,641,069,000 RUR in terms of private individuals’ deposit investments on September 1, 2008 and only 19,684,671,000 RUR on October 1, 2008. These data are available from Bank24.ru’s official website.

26 February 200919:34

Bank Severnaya Kazna’s private individuals’ deposit volume drops 22%

The volume of Bank Severnaya Kazna’s private individuals’ deposits had gone down by 22% since September 2008. These data are available from Bankir.ru’s report on the performance of Top 200 banks with the greatest volumes of private individuals’ deposits.

30 October 200819:34

Bank Severnaya Kazna denies internal problems

Bank Severnaya Kazna’s BOD Chairman Vladimir Frolov believes the bank’s current financial troubles have been caused by a hostile takeover attempt. ‘Starting October 13, 2008, the bank’s customers were flooded with text messages and ICQ alerts claiming the bank was in great trouble. It only sounded natural since the whole world has been affected by a financial crisis, and Russia is no exception. So it really is the best time to alarm the people,’ the bank executive said in the course of a Channel 4 interview. Vladimir Frolov claims some other bank and Sverdlovsk Region Government were actually

01 December 200819:34

Volume of private individuals’ deposits in Bank Severnaya Kazna valid for 1 to 3 years goes down by over 2.6 billion RUR in October 2008

Central Bank of Russia reports volume of private individuals’ deposits and other investments in Bank Severnaya Kazna valid for 1 to 3 years went down by over 2.6 billion RUR (from 11,946,481,000 RUR to 9,283,507,000 RUR) in October 2008.

13 November 200819:34

Customer found for Bank Severnaya Kazna

UralBusinessConsulting Agency of Information and Analytics’ own sources report that a customer might have been found for Bank Severnaya Kazna’s controlling shareholding. This could actually turn out to be the Moscow Bank for Reconstruction and Development, to which the bank’s BOD Chairman Vladimir Frolov might sell his 22.5% shareholding. In addition, a number of the bank’s minor stockholders might offer their shares to the Moscow Bank for Reconstruction and Development. As a result, the latter is expected to acquire control over Bank Severnaya Kazna. According to the source, the