History

1989
— Established as Lenmebelbank

1991
— Operated under the name Lesopromyshlenny Bank

1999
— New team and owners, the name was changed to the “International bank of St-Petersburg” plc

2000
— IFRS Audit Big-4 started
— Full service branch established in Moscow
— Bank of the Year National Award

2002
— Sergey Viktorovich Bazhanov, President received Peter the Great National Award for the «important input into Russian Financial system development»; became: Member of the Board of the Russian Commercial Banking Association; Banker of the Year by “The Banker” magazine yearly nomination

2003
— Rated by Standard & Poors

2005
— Rated by Fitch;
— «Bank of the Year» National Award

2007
— S&P raised its long-term credit rating on IBSP to “B-”, IBSP Bank made a strategic decision to open branches in other Russian major cities outside St. Petersburg and Moscow

2008
— IBSP received Financial Olympus national award in the category “Corporate Bank: dynamic growth and effective strength”
— Full service branches established in Nizhny Novgorod
— S.V. Bazhanov left the position of General Manager in IBSP Bank to become a member of the Council of the Federation, RF

2009
— Full service branches established in Volgograd and Ulianovsk

2010
— For two consecutive years IBSP Bank became the winner of «the National bank award» in the nomination «the Best regional bank»

2012
— Full service branch established in Novosibirsk
— Standard & Poor’s affirmed the long-term credit rating of IBSP Bank as “B” on the international scale, as “ruBBB+” on the national scale, the outlook – “stable”.

2013
— Sergey Viktorovich Bazhanov, the bank’s main shareholder, became the President of IBSP Bank for which reason S.V. Bazhanov resigned as a member of the Council of the Federation of the Federal Assembly of the Russian Federation, where he served during last 5 years.