GAZPROMBANK

Gazprombank (in Russian: Газпромбанк)(Open Joint-Stock Company) or GPB (OJSC) is the third largest bank in the Russian Federation. The Bank’s principal business areas are corporate banking, retail banking, investment banking and depositary services. Its banking activities also include securities trading, foreign exchange operations, precious metals operations, clearing operations and settlement services. The Bank has a distribution network of 43 branches and over 260 banking outlets... located throughout the Russian Federation. GPB also has ownership interests in three other Russian banks. In addition Gazprombank is represented in the markets of Belarus, Armenia and Switzerland through ownership interests in three foreign banks: Belgazprombank (Belarus), AREXIMBANK-GAZPROMBANK GROUP (Armenia) and Gazprombank (Switzerland) Ltd. Gazprombank also has representative offices in Mongolia, China and India. In August 2005, it purchased Gazprom Media, the largest Russian media holding, which includes the NTV channel and Izvestia newspaper, from the bank's parent company Gazprom.More