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Joint stock bank for social development
of the Republic of Tatarstan "TATSOTSBANK"
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Tatsotsbank was founded in October 1990 and during this
period became one of the biggest banks in Tatarstan with many
branches in large cites of Russia. Tatsotsbank is a recognized
leader on the market of bank services in Tatarstan. Tatsotsbank
has Extended General License for Hard Currency Operations by
Central Bank of the Russian Federation, it has joined the
Society for Worldwide Interbank Financial Telecommunication S.C.
(SWIFT) and became a member of Moscow Interbank Currency
Exchange.
The bank has direct correspondent relations with the major
banks of Russia, CIS - and foreign states.
In July 1993, the bank was reorganized into JOINT STOCK BANK
FOR SOCIAL DEVELOPMENT OF TATARSTAN "TATSOTSBANK".
Now Tatsotsbank serves over 23000 customers and facilitates:
- various types of foreign exchange transactions;
- any types of crediting;
- deposit transactions;
- securities transactions;
- consulting about law regulations;
- buying and selling precious metals and stones, as well as
products of them in the Russian Federation and abroad;
- attracting and allocating precious metals into
contribution, carrying out other operations with them in
accordance with the international banking practice.
Our main activities are:
- short-term loans for enterprises of all kinds of ownership,
manufacturing consumer goods;
- long-term loans into such fields as: construction industry,
consumer goods production and housing construction;
- development of foreign economic activities and attraction
of foreign investmennts;
- easy term crediting of entreprises involved in purchase,
storage and sale of asocially significant merchandise;
- food products, medicines, etc.
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