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Financial Services

/ Structure / Financial Services

"Our goal is to provide a reliable, high-quality service to all of our customers in the financial services sector. Our sustained commitment to this mission ensures our businesses remain at the forefront of their fields in the financial market"

Mikhail Volkov
Managing Director, Financial Services

The sector's companies provide practically the full range of financial services to both corporate and private clients. They serve millions of private and tens of thousands of corporate clients with a network of more than 770 sales outlets in almost all regions of Russia. The business is also expanding actively in other CIS countries.

Key Facts

8,000 employees
Branches, subsidiaries and offices in more than 220 cities in Russia and abroad (Austria, Azerbaijan, Armenia, Belarus, India, Kazakhstan, China, Kyrgyzstan, Mongolia, Ukraine, Finland and Switzerland) points of sale
Millions of private and tens of thousands of corporate clients

Main achievements in 2009

Ingosstrakh's share of the Russian insurance market exceeds 10%
Element Leasing receives a new Sberbank of Russia credit facility
Standard&Poor's affirms Element Leasing's "B-" rating, assigned in 2008

2007 Results

2006 Results

Insurance

OJSC Ingosstrakh, with a history spanning six decades, is the leading national insurer, providing the full range of insurance services to private and corporate clients. The Company has an extensive regional network, including 83 branches. It has offices in 220 Russian cities and representative offices and subsidiaries in the CIS and other countries.

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Banking

Soyuz - a commercial bank established in 1993, offers the full range of retail, corporate and investment banking services as well as private investment management. Soyuz is one of Russia's largest banks and has a network of more than 40 sales outlets in more than 17 Russian regions and republics.

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Leasing

Element Leasing provides small and medium businesses in all Russian regions with access to financing for the purchase of commercial motor vehicles and equipment, and is one of Russia's top 30 leasing companies.

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Pension Funds

Socium is one of Russia's oldest and largest non-state pension funds (NPF).

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News

28.06.2010

Basic Element Open for Talks on Ingosstrakh

Basic Element (Basel), the majority shareholder of Ingosstrakh, remains open for talks with the insurer's minority shareholders about raising the Generali's stake in the insurer, Interfax reported June 24 referring to Andrei Elinson, deputy CEO of Basel.

RP Newsline

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