BBR Bank has acceded to the Golden Crown – Money Transfer Service

BBR Bank has launched the Golden Crown – Money Transfer Service. Bank’s customers will be able to send and receive money transfers from and to 15 countries of the world in three types of currency: rubles, US dollars or euro.
Following Olesya Fyodorova, Deputy Head of the Golden Crown – Money Transfer Service, “partnership with BBR Bank, which gained a reputation of a reliable financial institution, will make the service of instant retail remittances even more accessible in a number of the largest Russian cities. We highly appreciate business relations with the Russian banks and will do all possible for our service to be convenient and cost-efficient both for financial institutions and their customers”.
BBR Bank is a universal financial and credit institution established in 1994 in Kaliningrad under the brand of Baltic Development Bank. In 2012 it was renamed into BBR Bank. Rebranding reflected new bank’s mission: to provide financial services using accumulated experience, taking into consideration demands and wishes of every customer.
In March 2013 Expert RA rating agency has assigned A+ “Very high credit standing” and confirmed it in January 2014. Rating rose due to increase in bank’s capital and growth of key financial indicators.
Thus as at February 1, 2014 BBR Bank was 114th for loan portfolio amount (grew by 72% for the year), 139th for the amount of assets (grew by 60.5% for the year) and 205th for the amount of capital (grew by 15.5% for the year) in all-Russian rating.
“Timely implementation of new business solutions in conjunction with weighted development strategy enables BBR Bank to occupy a decent financial market place. We are glad to have Golden Crown – Money Transfer Service among our services. It is especially important in the context of gradual growth of money transfers share in the structure of bank’s revenues. We are sure that our cooperation with the Golden Crown will be favorable and profitable”, – says Andrey Kotelnikov, Head of Retail Business Department at BBR Bank.
The Bank has branches in Moscow, Saint-Petersburg, Nizhniy Novgorod, Krasnodar, Krasnoyarsk and Vladivostok. Its customer service network comprises 20 offices. The Service currently launched in Moscow and Moscow region, and will go live in all BBR Bank’s offices in the nearest future.

Money may be transferred via Golden Crown – Money Transfer from and to 15 countries of the world with 1% fee (it shall not exceed RUB 1ths) across Russia, and from 0.5% to other countries. Transactions shall be made in rubles, US dollars and euro.

BBR Bank (CJSC),
head office in Moscow. CBR license for performance of transactions in rubles and foreign currency No. 2929 as of March 2012. As at February 1, 2014 total assets comprise RUB 30,869mln, own capital – RUB 3,322mln, commercial loan portfolio - RUB 23,066mln, retail deposits – RUB 13,226mln. For further information go to