About the bank

Joint-stock commercial bank «Baltic Development Bank» was created in 1994 in Kaliningrad.

Later the decision was made to change the location and transfer the Bank into Moscow. In November 2000 Baltic Development Bank strated its activities in Moscow.

At the same tine, in May 2000, a branch was open in Vladivostok.

Bank has the license of Russian Federation Central Bank to conduct bank transactions in rubles and foreign currency dated October 2, 2000 No 2929. In the rating of 500 largest Russian banks based on the equity capital, published by RosBusinessConsulting agency as of January 1, 2007, Baltic Development Bank occupies 166th place.

Baltic Development Bank participates in the system of compulsory insurance of deposits (No 795 in the register of participating banks), the date of introduction into the register- 21.03.2005.

15 years of Bank experience and growth allow speaking about out credit organization as a reliable partner with flawless business reputation. The team of experts developed the procedures and conditions of cooperation with our Clients that allow us to make decisions in a flexible and timely manner to provide credit products, set up the limits for partner banks, to conclude inter-baking deals and to provide other financial services in line with RF laws.

As for the present moment the Bank has been presented in Moscow (head-office), with Subsidiary banks in Vladivostok, St-Petersburg and in Krasnoyarsk.

The Bank provides the full range of banking products and services both to legal entities and to physical persons, and it positions itself as the universal credit organization.

Nevertheless, we single out some of the areas of activities that we consider the most perspective:

• work with corporate clients — sites of medium and minor size. In regard to provision of credit products we are oriented mainly on credits to already acting business. With timely provision of information from a potential borrower we are ready to consider the loan application within 3 working days. It should be noted that the provision of financing or borrowed capital for investment projects is currently not our priority goal.
• work with physical persons. We provide the line of deposits that allows save and congest the savings dependent on Your needs. You can choose the deposit that will guarantee you the receipt of monthly interest income, or the deposit with the receipt of the interest income at the end of its term. There are replenished deposits, deposits that allow partial withdrawal of amounts and require maintenance of the definite irreducible balance. Besides, you can always make favorable foreign exchange in our bank offices, conduct payments through accounts opened with us, receive your plastic card in a timely manner, and conduct transfers without opening accounts and many other things. The Bank provides loans to physical persons on the security of property. The time of considering the credit application is 5 working days. It should be noted that provision of consumer credits is currently not our key type of activity.

The Bank follows the balanced policy to set up the rate for deposit credit products. The rate to attract resources (deposits) are set up as a rule slightly higher than the average on the market. At that we are not at the level of banks attracting short-term resources to be used in investment projects. The crediting rates are established taking into account the market opportunities and particularities of a specific borrower.

The basis of our client policy is the approach that insures the maximum quality of services and long-term partnership. We grow together with our Clients, creating the climate of mutual trust between our Bank and Clients. The Bank constantly works on enlargement of its product line. Our Clients often help in these efforts. Their requests and comments are never left unattended.

During all the years of our work there wasn?t a single case when the Bank would refuse to fulfill its obligations to its Clients.

More detailed information on service terms and tariffs can be obtained from the corresponding sections of the site. Additional information can be received on the telephone (495) 363-91-62 or after your request is sent to our e-mail .