The Central Bank introduced representatives of the Rosneft bank into the administration of Peresvet. Natalya Raibman, Daria Borisyak
RRDB, the sanatorium of the now former ROC bank, bought out its additional issue
The All-Russian Regional Development Bank (RRDB), controlled by Rosneft, received a 99.999989% stake in the capital of Peresvet Bank following an additional issue, TASS reports citing Peresvet materials. The decision to issue additional ordinary shares of the bank was made on June 1. RRDB bought the issue by closed subscription.
On June 22, the Department of Corporate Relations of the Central Bank registered a report on the results of an additional issue of ordinary registered non-documentary shares of Peresvet Bank, placed by private subscription. The date of state registration of the additional issue is June 1. 58,078,052,839,728 securities were issued with a par value of 1/5,807,732 rubles. a piece. The total volume of the additional issue at face value amounted to 9,999,954 rubles.
The Bank of Russia chose RRDB as an investor in the reorganization of Peresvet. The decision to reorganize using the bail-in mechanism (a mechanism for converting part of the debt into capital) was made by the Central Bank on April 19, six months after the introduction of temporary administration into this bank. For Russia, this was to be the first ever case of a bank rescue involving its creditors. Bank RRDB The Central Bank promised to allocate 66.7 billion rubles. to save Peresvet. Another 69.7 billion rubles. more than 70 Peresvet creditors were supposed to provide, who expressed their readiness to convert their funds into 15-year subordinated bonds. Nine meetings of bondholders were held, at which decisions were made to restructure six of the nine issues of bonded loans with a simultaneous change in parameters: an increase in the term to 20 years, a decrease interest rate up to 0.51%. The hole in the bank in mid-April was estimated at 103.6 billion rubles.
Back in mid-January, it became known that the regulator introduced two RRDB employees into the temporary administration of Peresvet Bank. This is Vice President Mikhail Polunin and Deputy Head of the Department economic security Alexander Vinokurov, followed from the order of the first deputy chairman of the Central Bank Dmitry Tulin. A Vedomosti source close to the Central Bank said that their task was to conduct due diligence of Peresvet.
Prior to the bank's problems, the Russian Orthodox Church controlled about 49% of the shares of Peresvet - 36% belonged to the religious organization Financial and Economic Administration of the Russian Orthodox Church (Moscow Patriarchate), 13% - affiliated with it LLC Assistance. Another significant influence on the bank was a shareholder with a share of 24% - the Chamber of Commerce and Industry. The bank collapsed last autumn, and on October 21, the Central Bank introduced temporary administration into the bank for six months and imposed a moratorium on satisfying creditors' claims for three months. However, this time was not enough for the regulator to decide the fate of the bank, and on January 23, it extended the moratorium for another three months.
The bank was asked to be saved by the heads of the bank's major creditors - Inter RAO, RusHydro and the Chamber of Commerce and Industry (owns 24.4% of the bank's shares). In December, they wrote a letter to Prime Minister Dmitry Medvedev, assuring that creditors were ready to support the bank: “Our companies<…>are ready, together with other major creditors, to convert most of the claims (shareholders - 90%, creditors - 85%) into Peresvet's capital within the framework of<…>financial recovery of the bank.
VIP depositors kept funds in Peresvet: the bank raised 22.5 billion rubles from individuals. deposits, but the insurance of the Deposit Insurance Agency (DIA) covered a little more than 6 billion. In January, a claim was registered by the wife of the former vice-governor of St. Petersburg, Vasily Kichedzhi, against Peresvet for 47.6 million rubles, Interfax reported. There were practically no “random” clients in the bank, a former bank employee told Vedomosti.
RusHydro kept funds in the bank, General Director Nikolai Shulginov said, but did not name the amount, the company managed to take some of the money. Inter RAO board member Yevgeny Miroshnichenko confirmed the availability of the company's funds in the bank. The bonds of Peresvet were held by Tatfondbank and Otkritie - the bank invested 4.2 billion rubles in them. and admitted a loss of 2.6 billion.
Natalya Raibman, Daria Borisyak
Odintsovo City Court of the Moscow Region sentenced the former vice president of the All-Russian Bank Development of Regions (RRDB) Dmitry Shapovalov and ex-employee credit institution Vadim Borunov. They were found guilty of particularly large-scale fraud - taking over the apartment of their colleague under the pretext of returning previously taken loans. The housing was re-registered for Borunov, the driver and bodyguard of the then head of the bank, Dmitry Titov.
The latter, by the way, was also convicted earlier - for issuing knowingly bad loans for 400 million rubles. According to the archive of the Ruspres agency, RRDB is a pocket bank of the Rosneft concern, Dominique Strauss-Kahn, who had previously left the post of head of the IMF after being accused of raping a maid, took part in its creation.
Judge Aleksey Kushnirenko considered the criminal case on particularly large-scale fraud against ex-employees of the RRDB for almost a year. As a result, 45-year-old Dmitry Shapovalov and 58-year-old Vadim Borunov, who did not admit their guilt, were sentenced to two years in prison. general regime every. They were taken into custody in the courtroom - before the verdict they were under house arrest. The presiding judge forwarded the civil suit of the victims for almost 15 million rubles to the civil court.
Bankers extortionists
As the court established, ex-employees of the RRDB committed fraud back in 2006. At that time, Dmitry Shapovalov was on the board of the bank and was its vice president, and Vadim Borunov, a former intelligence officer, worked as a bodyguard driver for the management of a credit institution, including its president Dmitry Titov. At the same time, Nikolai Smirnov held the position of director of the bank's international business department.
In October 2006, Mr. Smirnov disappeared for three weeks. He himself then stated that the reason was the conflict with Dmitry Shapovalov: he allegedly ordered the director of the department to conclude an obviously illegal deal related to the withdrawal of funds abroad. Mr. Smirnov, according to him, hesitated, and then Mr. Shapovalov called him again and, in an ultimatum form, demanded to urgently repay the loans he had previously taken from the bank for a total of $ 300 thousand, drive his car to the RRDB office, hand over the keys to it, having issued a power of attorney to another person, as well as to leave a general civil and foreign passport. After that, Mr. Smirnov claimed, he, “fearing for his life”, went out of town to “think about the situation” and turned off all the phones.
The bank also stated that Nikolai Smirnov simply "went into a binge", and since he held a high position, Dmitry Shapovalov and the bank's security service took up the search for him. Be that as it may, according to the case file, a few days after the disappearance of Mr. Smirnov, they came to his house, reminded the mother and sister of the financier about outstanding loans and started demanding a refund. At the same time, the visitors offered to compensate part of the debt by transferring the rights to a large apartment in a house under construction, in the Grunwald complex in the village of Zarechye located just outside the Moscow Ring Road. Real estate, the value of which under the contract was more than 15 million rubles, was registered in the name of Mr. Smirnov's mother. At the time of the visit of RRDB employees, the family paid the developers half the cost of the apartment.
As Mr. Smirnov's mother later explained, she knew about her son's loans and therefore agreed to sign documents on the assignment of rights to the apartment in favor of Vadim Borunov, the driver-bodyguard of the bank's president. However, as it became known later, the assignment of housing did not affect the reimbursement of loans. Then the Smirnovs wrote a statement about fraud. The case was initiated, but it was repeatedly suspended, terminated and transferred from one department to another.
Dmitry Shapovalov himself claimed that he really talked with Smirnov’s mother, but was only interested in the whereabouts of her son, with whom he had a conflict “due to fraud” by a subordinate with loans and “forgery of the RRDB seal”. And Vadim Borunov said that in front of witnesses he gave Mrs. Smirnova a bag with more than 15 million rubles in five thousand banknotes, which he borrowed from businessmen he knew. However, witnesses did not confirm the transfer of money.
Short closing time
The lawyer of one of the convicts, Dmitry Gavrilin, said that he and his colleagues consider the verdict unfair and unreasonable, and promised to appeal it to the regional court. Meanwhile, the victims are only partially satisfied. Nikolai Smirnov's sister, Maria Smirnova, explained that she went to the hearings in the hope that the defendants would apologize and express a desire to somehow compensate for the moral and material damage caused. “I would not want anyone to be behind bars, and two years is enough for technical perpetrators of the crime,” she said, adding that only one of the four episodes of the criminal case reached the court. Ms. Smirnova expressed her hope that the investigation would continue and that the defendant "would be the one who gave them instructions."
It should be noted that the immediate boss of Vadim Borunov, ex-president of the RRDB Dmitry Titov, was also previously convicted. Initially, he was accused of fraudulently embezzling more than 400 million rubles issued by the RRDB as obviously bad loans. In the summer of 2015, the former head of the bank (he resigned in 2010) was detained and placed in a pre-trial detention center (he was later placed under house arrest). Then the charge was reclassified as abuse of power, Mr. Titov fully admitted his guilt and, with the help of his acquaintances, paid off almost all the damage caused. As a result, in a special order, he received three years and was soon released on parole.
At the moment, the main shareholders of RRDB are Rosneft Oil Company PJSC (9.17%) and the Group's subsidiaries - Orenburgneft PJSC (24.32%), Samotlorneftegaz JSC (24.32%), LLC RN -Uvatneftegaz" (22.29%), JSC "RN-Nyaganneftegaz" (18.24%). The ultimate beneficiaries of the bank are also two individuals- Sergey Sudarikov (1.50%) and Andrey Zhuykov (0.16%), both of them are also related to Rosneft and its head Igor Sechin, as well as to the Region group of companies.
Bank people
As previously reported by the Ruspres agency, the Nordstar Tower, which previously belonged to the developer, became the property of the company three years ago. After Blazhko refused to renegotiate the terms of the lease of office space for the Rosneft subsidiary TNK-BP, Igor Sechin bought out Blazhko’s accumulated debts to Sberbank through front companies and began litigation, as a result of which a front offshore company became the owner of the tower RT&I, the beneficiaries of which were declared the owners of the "Region" Sergey Sudarikov and Andrey Zhuikov.
The Bank's Supervisory Board includes: Boris Kovalchuk, Avril Conroy, Yuri Kurilin, Rostislav Latysh, Dmitry Lebedev, Dina Malikova, Kirill Seleznev, Alexander Sokolov, Dmitry Torba, Ildar Fayzutdinov.
The board of the bank includes Dina Malikova (chairman, president of the bank), Vladimir Andrianov, Nina Zhuravleva, Dmitry Kashlakov, Sergei Naumov, Mikhail Rozin, Natalia Rostovtseva, Mikhail Rozin, Yulia Titova.
Boris Yuryevich Kovalchuk is the Chairman of the Board of JSC Inter RAO UES, the son of Yury Kovalchuk, a shareholder of Rossiya Bank.
Avril Marie Ann Conroy - Director of the Regional Sales Department of Rosneft, Kirill Seleznev - General Director of Gazprom Mezhregiongaz, Svyatoslav Slavinsky - Vice President for Economics and Finance of Rosneft, Dmitry Lebedev - Chairman of the Board of Directors of Rossiya Bank, Alexey Rybnikov - head of the St. Petersburg International Commodity and Raw Materials Exchange.
Dmitry Andrianov is the director of the strategic analysis and development department of the State Corporation Bank for the Development of Foreign Economic Affairs (Vnesheconombank). Previously, he worked as an assistant for economic and foreign economic issues to Dmitry Medvedev.
Alexander Sokolov heads the financial department of Rosneft. According to the Ruspres agency, he is listed as the director of the Cyprus offshore, to which Igor Sechin's plane is registered.
The Central Bank introduced representatives of the All-Russian Bank for Regional Development (RRDB), controlled by Rosneft, into the temporary administration of Peresvet Bank. RRDB is considered the main contender for the reorganization of Peresvet Bank
Representatives of the Rosneft-controlled All-Russian Regional Development Bank (RRDB), which is considered the main contender for the reorganization of Peresvet Bank, became part of the temporary administration for managing the bank, follows from the message of the Bank of Russia.
The temporary administration of Peresvet, in particular, included RRDB Vice President Mikhail Polunin and Deputy Head of the RRDB Economic Security Department Alexander Vinokurov.
From October 21, 2016, the Bank of Russia introduced a moratorium on satisfying the claims of Peresvet creditors for a period of three months. That deadline ends this week. Consequently, the Central Bank will need to make a decision on the future fate of the bank - to introduce reorganization or revoke the license.
A source in one of Peresvet's creditor banks told RBC that the decision of the Central Bank is expected this week. “The announcement of changes in the provisional administration may precede the resolution of the bank or be a smooth transfer of control, the final stage of due diligence (assets valuation. — RBC),” he said, noting that he had previously seen managers appointed to the temporary administration of Peresvet at meetings of creditors.
According to another creditor of Peresvet Bank, the situation is leaning in favor of bail-in. “But the decision of the Central Bank is needed, it is not yet available,” RBC’s interlocutor notes. According to him, most creditors agree to convert their funds into subordinated debt to the bank, but they would like to receive part of their investment in cash. “Various options are being considered, the minimum requirements of creditors so that at least 10% of the invested funds are returned to them,” the businessman said.
Alexander Danilov, director of financial institutions at the Fitch rating agency, agrees that the “movements” speak in favor of the fact that agreements on a voluntary bail-in have been reached. “The largest creditors have probably agreed to a voluntary debt write-off to restore capitalization,” says Danilov. According to him, if this is the case, then as soon as the sanation is announced, information will appear on how much funds will be provided by the Central Bank, how much - by other creditors. From this it will be possible to draw a conclusion regarding the scale of the problems at Peresvet.
At the end of December 2016, Prime Minister Dmitry Medvedev supported the appeal of the largest creditors of the bank "Peresvet" for reorganization. As RBC sources on the market, the All-Russian Bank for Regional Development (RRDB), owned by Rosneft structures, can act as a sanatorium. Shareholders are ready to convert 90% of the claims into the bank's capital by placing a 15-year subordinated deposit, and the remaining amount can be provided by the bank. In November 2016, the "hole" in the balance sheet of Peresvet Bank was estimated at 80-85 billion rubles.
Since October 2016, Peresvet Bank has had a temporary administration appointed by the Central Bank due to the fact that it did not meet the requirements of creditors. The main shareholder of the bank is the Russian Orthodox Church. According to the financial statements of Peresvet Bank, funds from Inter RAO and RusHydro structures were placed on its accounts. The board of directors of both structures includes the head of Rosneft, Igor Sechin.
01/23/2017 | Politkom.RU
The subsidiary of Rosneft will save Peresvet Bank
From October 21, 2016, the Bank of Russia introduced a moratorium on satisfying the claims of Peresvet creditors for a period of three months. On January 21, this period ends. Consequently, the Central Bank will need to make a decision on the future fate of the bank - to introduce reorganization or revoke the license. Apparently, the decision has already been made;
On January 17, the Central Bank appointed representatives of the Rosneft-controlled RRDB to the temporary administration of Peresvet Bank. They included, in particular, RRDB Vice President Mikhail Polunin and Deputy Head of the RRDB Economic Security Department Alexander Vinokurov.
As one of the creditors of Peresvet Bank told RBC, the situation is leaning in favor of bail-in. “But the decision of the Central Bank is needed, it is not yet available,” he noted. According to him, most creditors agree to convert their funds into subordinated debt to the bank, but they would like to receive part of their investment in cash. "Various options are being considered, the minimum requirements of creditors to return at least 10% of the invested funds," the businessman said. The bail-in mechanism is the forced conversion of creditor claims into subordinated loans or authorized capital to cover a hole in the bank's capital. This could be an alternative to liquidating a bank, which puts creditors at risk of losing everything. However, this also does not mean the reorganization of the bank, which makes the situation extremely difficult for creditors.
The main shareholder of the bank is the Russian Orthodox Church. According to the financial statements of the bank "Peresvet", the funds of the structure "Inter RAO" and "RusHydro" were placed on its accounts. The proposal to sanitize Peresvet was made by the heads of the bank's largest creditors - the chief executive officer of Rosneft and the chairman of the board of directors of Inter RAO Igor Sechin, the president of the Chamber of Commerce and Industry Sergey Katyrin and the head of RusHydro Nikolai Shulginov. At the end of December 2016, Prime Minister Dmitry Medvedev supported the appeal. The shareholders are ready to convert 90% of the claims into the bank's capital by placing a 15-year subordinated deposit, and the remaining amount can be provided by the bank, an Interfax source said.
In mid-November, Peresvet creditors said that the Central Bank was trying to negotiate with banks and companies that held funds in accounts with Peresvet on converting debt into a subordinated deposit for a period of 15 years. At the same time, representatives of creditors asked for help from the Central Bank, but the regulator was ready to allocate funds only in an amount comparable to the portfolio of deposits of individuals, which is about 12-13 billion rubles. However, the creditors were not satisfied with the offer, since, according to preliminary data, the volume of problems in Peresvet Bank may turn out to be quite significant - 80-85 billion rubles. Also, the reorganization scheme proposed by the Central Bank did not suit the creditor banks, among which, in particular, Otkritie and Sovcombank were named.
“The situation is complicated by the fact that time is running out and no decision on the future of Peresvet is being made, this negatively affects the quality of the bank’s assets and increases the risks for creditors,” RBC’s interlocutor said. The negative capital of Peresvet Bank, 49.7% of whose shares are owned by the Russian Orthodox Church, grew by 10.7 billion rubles in December. (or 30%). In December, Rosneft structures invested 88 billion rubles in the capital of RRDB, increasing it fourfold, Moody's analyst Semyon Isakov recalls that the bank's financial position allows it to reorganize Peresvet.
VIP depositors kept funds in the bank: Peresvet attracted 22.5 billion rubles from individuals. deposits, but the insurance of the Deposit Insurance Agency (DIA) covered a little more than 6 billion. In January, a lawsuit was filed by the wife of the former vice-governor of St. Petersburg, Vasily Kichedzhi, against Peresvet for 47.6 million rubles, Interfax reported. There were practically no “random” clients in the bank, a former employee told Vedomosti.
This is the first time that the Central Bank is under such significant pressure to decide on the fate of a troubled bank. Until now, the Central Bank has pursued an extremely tough policy, despite the presence of influential creditors in liquidated banks. At the same time, the bail-in procedure began to be introduced only in 2016 - it was proposed at the beginning of last year as an alternative to reorganization for banks whose liquidation could threaten stability large enterprises. It is unlikely that the situation is so critical for Igor Sechin's companies. At the same time, this is one of the first such political trials for the Central Bank, connected with resistance to its policies by such influential figures as the head of Rosneft, Igor Sechin. From the Central Bank, this will require greater flexibility and compromise, especially given the weak positions of the government.
Photo: Alexander Shcherbak/TASS
Representatives of the All-Russian Regional Development Bank became part of the temporary administration of Peresvet. This indicates preparations for reorganization according to the scheme proposed earlier by his creditors, experts say.
Representatives of the All-Russian Regional Development Bank (RRDB) became part of the temporary administration of Peresvet Bank, follows from the materials on the website of the Bank of Russia. In particular, the RRDB Vice President Mikhail Polunin and the Deputy Head of the RRDB Economic Security Department Alexander Vinokurov were included in the temporary administration.
Bank "Peresvet" major shareholders which are the Russian Orthodox Church (36.54%) and the CCI-affiliated company Expocentre (24.36%), ran into problems in October 2016. In connection with the failure to satisfy the claims of creditors in due time, a temporary administration was introduced in Peresvet and a moratorium was imposed on satisfying the claims of creditors for a period of three months.
In December, the head of the Chamber of Commerce and Industry Sergey Katyrin, Igor Sechin (as chairman of the board of directors of Inter RAO) and the head of RusHydro Nikolai Shulginov sent a letter to Prime Minister Dmitry Medvedev with a proposal to reorganize Peresvet on the basis of the All-Russian Bank for Regional Development and with the conversion of part of the creditors' funds.
Sanitation mechanism
The Central Bank was the first to propose to rehabilitate the bank through the bail-in procedure. According to Kommersant, it was assumed that the 28 main creditors of the bank with a balance of 61.93 billion rubles as of November 1 would convert 85% of these funds (52.6 billion rubles) into a subordinated loan at 0.51% for a period of 15 years .
In addition, 18.6 billion rubles (90%) of Peresvet's debt to the four largest shareholders with the amount of funds in it of 20.6 billion rubles will be converted under the same conditions. As sources familiar with the course of negotiations told the publication, then the DIA chose a sanator among the banks - creditors of Peresvet, which include Sovcombank, Rosselkhozbank, FC Otkritie and Tatfondbank.
However, in December, a new proposal was put forward to reorganize Peresvet on the basis of the All-Russian Regional Development Bank and with the conversion of part of the creditors' funds. “The introduction of RRDB employees into the temporary administration for the management of Peresvet Bank is very similar to a prelude to the rehabilitation of this credit institution. In addition, it was RRDB that has repeatedly appeared in the media as a possible sanatorium for Peresvet," commented Alexey Pavlov, chief specialist of the Otkritie Broker market analysis department.
“Judging by indirect signs, the process may be launched, which means that, probably, it was possible to achieve the consent of large creditors to a voluntary bail-in, that is, in fact, the loss of part of their deposits in favor of the bank remaining among the living, and was not liquidated,” said the senior director of the analytical group on financial institutions Fitch Ratings Alexander Danilov.
Shares of major shareholders
In the event of a reorganization under the bail-in scenario, the shares of the main shareholders of Peresvet will inevitably decrease. In particular, the plan involves reducing the share of the Russian Orthodox Church and Expocentre, although there is no talk of their complete exit from the capital.
“Of course it will go down. Not an exit, a decline. They will remain shareholders, but the scale of participation will be different. But this can only be discussed when the reorganization plan is approved,” Katyrin said.
