SOFRINO BANK CJSC has chosen service

RBS-provider and SOFRINO BANK (CJSC) have launched Internet-bank for individuals.
The Bank has been successfully operating in the Russian market for 20 years and has proved to be a reliable partner for its customers. It holds a stable position in the market of commercial lending institutions in Moscow and the Moscow region and has been growing its business in retail segment for a number of years.   Total assets of SOFRINO BANK (CJSC) for the period from March 1, 2011 to March 1, 2014 grew by 24.8%, and the loan portfolio – by 29.0%.
SOFRINO BANK (CJSC) has been actively developing its retail product line and upgrading IT infrastructure. Thus in December 2013 a large-scale project of migration to the CardStandard processing center has been successfully implemented, and it redefined support provided to the international payment systems’ card holders and widened the range of services offered to private customers.
In the beginning of 2014 the bank was connected to Gorod Federal System, and in 2Q it has launched Internet-bank for retail customers – holders of the bank’s payment cards. The service has a whole number of options and enables paying for services, loading e-purses, booking railway and air tickets, repaying loans of any RF banks even from abroad.
“Considering successful migration to CardStandard processing and connection to Gorod Federal System in 1Q 2014, the bank’s management preferred solution as the ideal one for the existing infrastructure. Besides, implementation of one vendor’s solutions will speed-up the launch of the system, reduce costs and provide safe and high-quality servicing of our clients”, – noted Natalya Shershneva, Head of Payment Instruments Management Department of SOFRINO BANK (CJSC).
High-tech remote services like Internet-bank and applications designed for iOS and Android OS-based mobile devices will provide bank’s customers with the whole complex of actual remote services in the shortest possible time.
“I am sure that will not only blend in with the current bank’s IT infrastructure, but also bring SOFRINO Bank’s remote customer servicing to a qualitatively new level”, - says Madina Mukanova, Director of

SOFRINO BANK (CJSC) (Moscow) was established in July 18, 1994 (CBR General Banking License No. 2972 dated April 19, 2012). The Bank is a participant of the Deposit Insurance System, a member of Association of the Russian Banks, Moscow’s Investors Association and a member of the Moscow’s Chamber of Commerce and Industry. According to CBR’s data as at March 1, 2014 volume of assets according to RAS amounted to RUS 7.3 bln (317th in Expert RA ranking), owners’ capital - RUB 930 mln, pre-tax profit for 2013 notwithstanding events after the balance sheet date  – RUB 54 mln.
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