About the Bank

THE LEGAL FORM AND NAME
The official name is the Close Joint Stock Company "Surgutneftegasbank". The abbreviated name: SNGB

OFFICIAL DOCUMENTS
The Bank is entitled to operate on the basis of the following documents:

• The General Licence № 588 issued by the Russian Federation Central Bank and granted on 28.04.2003;
• Licence for brokerage № 186-03771-100000 granted on 13.12.2000;
• Licence for dealing № 186-03833-010000 granted on 13.12.2000;
• Licence for custody services № 186-03961-000100 granted on 15.12.2000;
• Licence for precious metal operations № 588 issued by the Russian Federation Central Bank and granted on 02.07.2002;
• Licence for securities management № 186-03889-001000 granted on 13.12.2000.

HISTORY
The history of the Bank started on May 15th 1965, when the Tyumen branch of the USSR -Stroibank- opened a division in Surgut. In 1988, the Surgut division became a branch Bank of the USSR -Promstroibank-. On October 25th 1990, the branch bank was reformed again into Surgut's commercial bank and was named "Surgutneftegasbank". Further reforms on August 2nd 1999, created the Close Joint Stock Company "Surgutneftegasbank".

CREDIT RATING
For the last five years the Bank has presented its annual report according to Russian and International Standards.

On June 17, 2009, the International Rating Agency Standard & Poor’s raised the longterm credit rank of the Closed Joint-Stock Company «Surgutneftegasbank» to «B+». The outlook is negative.