The first Russian state institution of a bank nature was established by Peter I to mint coins. This office later proceeded to offer banking services and even loans on securities such as gold and silver at an amount not exceeding 75% of their total cost and at the rate of 8% per annum with the right to postpone payment for 3 years. While these services existed, only courts enjoyed money changing services for many years before the services were offered to the greater public.
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Management
The supreme management body of Russian International Bank determining objectives, mission and development strategy of the Bank is General meeting of the Bank’s shareholders.Corporate management of the bank activity is performed by the Board of Directors which controls the key aspects of the Bank operations and on the establishes the collegial executive body– Management Board, which in turn, manages the current activity of the Bank.
Board of Directors
Management Board
