What is "transcapitalbank"

Transcapitalbank — is a Russian commercial bank with a share of foreign capital which includes the European Bank for Reconstruction and Development ( EBRD), German Investment Company DEG (100%-subsidiary of KfW) and International Finance Corporation ( IFC). Headquartered in Moscow, Transcapitalbank operates in more than 18 regions, providing financial services to 30,000 corporate customers and over 212,000 retail clients. Transcapitalbank is a top 50 bank in Russia by assets and by equity. The bank is also ranked #7 by lending to small and medium enterprises (SMEs). Transcapitalbank is a member of Deposit Insurance Agency. The principal business activity of Transcapitalbank is providing financing to corporate, retail and small and medium-sized enterprises in Russia through direct lending, trade and export credit agency finance, consumer loans, investment banking, factoring and leasing. Transcapitalbank is a full-service bank and offers its clients a wide range of banking services including international settlements, foreign exchange, deposits, custody services with precious metals, securities trading, plastic cards issuance and asset management.