As of August 21, 2017, the banking license of the credit institution Joint Stock Commercial Bank North-East Alliance (Joint Stock Company) JSCB SVA (JSC) (registration No. 2768, Moscow) was revoked. According to the reporting data, as of August 1, 2017, the credit institution ranked 250th in the banking system of the Russian Federation in terms of assets. The Bank is not a member of the deposit insurance system.
JSCB "SVA" (JSC) turned out to be unable to fulfill its obligations to creditors in a timely manner, in connection with which the bank's activities arose grounds for taking measures to prevent insolvency (bankruptcy) and a real threat to the interests of its creditors.
The business model of JSCB "SVA" (JSC) was focused on serving the interests of its owners and was of a pronounced captive nature. High-risk lending to borrowers directly or indirectly related to the ultimate beneficiaries of the credit institution and not carrying out real activities has led to the formation of a significant amount of “non-performing” assets on the balance sheet of the credit institution. At the same time, the bank systematically underestimated the amount of accepted credit risk and evaded fulfilling the requirements of the supervisory authority on the formation of reserves for possible losses, adequate to the risks taken, through the "technical" transformation of assets.
The Bank of Russia repeatedly applied supervisory response measures to JSCB SVA (JSC), mainly related to additional formation of reserves for possible losses on various assets.
The lack of intentions on the part of the bank's owners to take real measures to stabilize its financial position testifies to the futility of the credit institution's further activities. Under the circumstances, the Bank of Russia decided to withdraw JSCB SVA (JSC) from the banking services market.
The decision of the Bank of Russia was made in connection with the credit institution’s failure to comply with federal laws regulating banking activities, as well as Bank of Russia regulations, given the repeated application within one year of the measures provided for by the Federal Law “On the Central Bank of the Russian Federation (Bank of Russia)”, taking into account attention to the presence of a real threat to the interests of creditors.
In accordance with Order No. OD-2377 of the Bank of Russia dated August 21, 2017, a temporary administration was appointed to JSCB SVA (JSC) until the date of appointment in accordance with the Federal Law "On Insolvency (Bankruptcy)" of a bankruptcy trustee or appointment in accordance with Article 23.1 of the Federal Law "On Banks and Banking Activity" of the liquidator. Powers executive bodies credit organization in accordance with federal laws are suspended.
North-East Alliance is a small Moscow-based bank founded on shares in 1995 to serve the defense industry and the oil and gas complex. It currently serves companies operating in the field of financial intermediation and does not attract funds from depositors. The main shareholders are five LLCs.
The Bank actively cooperates with corporate clients, providing them with guarantees for various purposes:
- Firms and individual entrepreneurs working on government orders for the purpose of participating in tenders and concluding contracts under No. 44-FZ, 223-FZ, 185-FZ. The minimum amount of remuneration for issuing a guarantee is 2300 rubles.
- For FEA participants, guarantees for the FCS, with which they secure their obligations for customs payments. The Bank is included in the list of credit institutions authorized to issue such guarantees. In favor of the customs control services, the bank issues guarantees:
- importers of tobacco products and alcohol to ensure their obligations to import these goods and to use excise stamps for the intended purpose;
- owners of temporary storage warehouses and customs, are provided with their obligations to pay customs duties;
- customs brokers are provided with their obligations to pay customs payments;
- to all participants in foreign economic activity on payment obligations in case of deferred fulfillment of obligations.
- Guarantees for the Federal Tax Service are provided:
- tax authorities on behalf of the principal-taxpayer, using the declarative procedure for VAT refunds and guaranteeing the return of tax overpaid by the budget;
- manufacturers of excisable products (alcohol-containing or alcoholic) that sell them as security for payment of excise duty and exemption from advance payment.
- Commercial guarantees for obligations arising from agreements (contracts) for goods, services, works:
- buyers before sellers on payment;
- sellers to buyers for delivery obligations;
- sellers to buyers to return the advance in its unused part or in full, if the seller has not fulfilled its obligations.
- Guarantees in favor of the FS regulating the alcohol market are issued to secure the obligation to use special federal stamps for their intended purpose in accordance with the law.
Online guarantees according to laws No. 44-FZ, No. 185-FZ and No. 223-FZ
JSCB "SVA" offers a convenient way for customers to issue guarantees online under contracts concluded with local and state structures (SVA "Optima") and commercial firms ("SVA Business", other obligations).
CVA "Optima"
The term is not more than 750 days, the amount is within 15 million rubles, the application is considered by the bank's specialists for no more than 3 hours, the fee is from 2300 rubles. According to the terms of the guarantee contract, the reduction of the contract value to an amount less than 25% of the maximum declared is not allowed. Documents are signed with digital signature. List of required documents presented here.
How to issue a guarantee
- Send by e-mail to the bank documents with EDS and an application with consent to join the regulation of electronic document management.
- After receiving the consent of the bank to issue a guarantee, pay a commission.
- Send the guarantor an agreement signed with an enhanced digital signature and receive the guarantee itself.
The client can also, using the feedback form, send a request to the bank. Having received it, the loan officer will contact the client and help to complete all the required documents, send a scan and the original of the guarantee.
SVA Business
Under this program, the bank issues all types of guarantees, including commercial ones, for an unlimited period. The amount of the guarantee may be more than 15 million rubles. The minimum amount of remuneration is 2300 rubles. It is allowed to receive an advance under the contract and, as a result of bidding, its price to be reduced from the maximum value by any share. The application is considered within the terms agreed by the bank and the principal. Documents for this program should be submitted according to this list.
How to get a
- Send by e-mail to the bank a list of completed similar contracts, a balance sheet (Form No. 1 and 2) for the last reporting year and quarter.
- After receiving the bank's approval to provide a guarantee, send scans of the required documents signed with an electronic signature to this address. It is also required to join the regulation of electronic document management.
- Obtain a guarantee agreement from the bank and pay the remuneration.
- Send the bank a guarantee agreement signed with an EDS, then receive the original and a scan of the guarantee.
You can send a request for a specific guarantee through the feedback form. Having received it, a specialist in loans and guarantees will contact the client and help in the preparation of all documents.
JSC "AKB "North-Eastern Alliance" (SVA) is a small Moscow bank in terms of assets, focused in its activities on lending legal entities, mainly providing financial intermediation services, as well as to work in the market valuable papers. The bank is not included in the deposit insurance system and is not interested in the development of the retail business.
The bank was established on a share basis in March 1994. Initially, the North-Eastern Alliance focused on servicing enterprises of the military-industrial and oil and gas complex, energy and leasing companies. In 2000, it became a joint stock company and received a general license from the Bank of Russia. In 2001 SVA worked closely with the St. Petersburg Promstroybank, or rather, used its resources, even considered the issue of merging banks on the basis of the latter, but this alliance did not take place. In 2002, Rosenergoatom and other enterprises of the nuclear industry opened bank accounts. It should be noted that the nuclear industry at that time was supervised by Deputy Prime Minister Ilya Klebanov, and until 2005 the main owner of the North-Eastern Alliance was the chairman of the board of directors of the bank, Sergei Kovanda, who belongs to Klebanov's close circle. In 2005, Vladimir Zotov, Alexander Kondrashin, and Dmitry Chirakadze, a partner of the disgraced businessman Mikhail Zhivilo, bought a significant share of SVA, including through participation in shareholder companies.
Currently, the main shareholders of the bank are five limited liability companies: Kaffir, Tsvetmetrezerv, Finko, SV-Development and Invest-Service (they each own 20% of the shares). The ultimate beneficiaries of the bank are Dmitry Chirakadze (18%), member of the board of directors Vyacheslav Lakhmostov (previously held various executive positions in the bank) and Natalia Goncharova (12.20% each), Lyubov Orlova (8.71%) Sergey Kovanda (8, 28%), Timur Valiev (6.82%), Igor Potapov (4.64%), Ilya Khoroshikh (4.63%), Andrey Umansky and Igor Aksenov (4% each), Sergey Semenov (3.93%) , Maxim Nesterov (1.09%). Another 11.5% of the shares is on the balance sheet of the bank itself. In the disclosed financial statements, Dmitry Chirakadze, Chairman of the Board of Directors, who also currently holds the position of General Director of CJSC Pravo.ru, is listed as a person of significant influence.
In addition to the head office located in Moscow, the bank has no structural divisions. It does not issue plastic cards, as a result of which there is also no own network of ATMs.
The bank's clients are offered the following types of services: settlement and cash services, lending (including a promissory note loan issued by SVA Bank's own promissory notes, factoring, SME loans), other operations with SVA Promissory Notes, bank guarantees, placement of free funds on deposits, brokerage and depository services, coins made of precious metals, collection, operations with securities, etc. The share of retail business on the balance sheet of the financial institution is minimal. Among the bank's clients in different time Techsnabexport JSC, Mashinostroitelny Zavod JSC, NPK Uralvagonzavod JSC, Rosdorleasing JSC, Rosoboronexport Federal State Unitary Enterprise, Kazan Helicopter Plant JSC, VNIIA im. N. L. Dukhov” and others. According to IFRS statements, the main borrowers of the bank are companies providing financial services and intermediation (37% of all loans), a significant share of the portfolio (16%) is also accounted for by borrowers from manufacturing industries.
The bank is focused on working with corporate clients and does not develop a retail business. Since 2005, the North-East Alliance is not entitled to raise funds individuals because he did not apply for participation in the deposit insurance scheme.
Since April 2017, the bank's net assets have decreased by 6.1% (0.5 billion rubles) and by April 1, 2017 amounted to 7.5 billion rubles. In the passive part of the balance for the specified period, there was a decrease own funds bank (-12.4%, or 0.4 billion rubles). The bank also redeemed a significant portion of its own promissory notes in circulation (-88.2%, or 0.1 billion rubles). The financial institution mainly repaid liabilities in liabilities by selling part of the securities portfolio, as well as by reducing the loan portfolio (-19.7%, or 0.8 billion rubles). At the same time, the bank increased the volume of investments in other assets (+22.8%, or 0.4 billion rubles) and highly liquid funds (+148.3%, or 0.1 billion rubles).
The bank's liabilities are poorly diversified by sources of attraction, more than 44% are represented by equity, funds of enterprises and organizations (both current account balances and deposits for a period of one to three years) amount to 21.3%, bills issued in total form less than 1%, the remaining part of the liabilities is largely represented by reserves. The client base is small, the turnover on customer accounts averages 3-4 billion rubles a month with a noticeable increase on quarterly dates (up to 10 billion rubles).
The main part of net assets falls on the loan portfolio (44.52%). Another 28.27% and 12.96% form other assets and investments in securities, respectively. Issued by interbank loans and highly liquid assets together account for about 6% of the credit institution's net assets.
As part of assets, 44.5% forms a loan portfolio, almost completely represented by loans issued to corporate clients. Loans are predominantly medium- and long-term. The bank has a minimum level of overdue debt (0.8% as of the reporting date, stable in dynamics) with extremely high level provisioning for loans (39.5%, declining in dynamics). It is worth noting the extremely low level of collateral for the loan portfolio - 9.2%.
Investments in other assets form 28.3% of the bank's net assets and are largely represented by claims on other operations and funds in settlements, while it should be noted that the portfolio of other assets is reserved by more than 87%. The securities portfolio forms about 13% of net assets. The main part of the securities is formed by the trading portfolio of shares of Russian issuers. At the same time, reserves for possible losses have also been created for the portfolio (almost a quarter of its volume). The rest of the papers are bonds of Russian banks and OFZs. Monthly turnovers on REPO transactions are minimal. The volume of highly liquid balances is the minimum share in net assets - 2.6%, which, however, corresponds to a low share of current account balances in liabilities and an almost complete absence of deposits from individuals exposed to the risk of early withdrawal on the balance sheet.
In the market of interbank loans and deposits, the CBA acts as a net creditor; recent times were in the range from 6.8 billion to 20.1 billion rubles. As of the reporting date, the entire volume of loans is placed in Russian banks for periods up to 30 days. The bank is active in carrying out currency transactions, turnover in March 2017 exceeded 16.0 billion rubles.
According to the reporting under RAS, at the end of 2016 the bank suffered a net loss in the amount of 107.7 million rubles (in 2015, the same indicator amounted to 662.8 million rubles). At the same time, the bank ended the first quarter of 2017 with a net profit of 239.3 million rubles. The main reason for the negative financial result in 2015-2016 was the bank's high expenses associated with the formation of reserves for possible losses and net losses from operations with securities.
Board of Directors: Dmitry Chirakadze (chairman), Yuri Mamchur, Inna Dvoretskaya, Sergey Semenov, Vladimir Zotov
Governing body: Vasily Golovinsky (chairman), Galina Bobrysheva, Olga Kalaida.
Alexander Kudryavtsev, banking analyst
Joint Stock Commercial Bank "North-East Alliance" (Joint Stock Company)
On the revocation of the banking license from the North-East Alliance credit organization and the appointment of an interim administration
By Order No. OD-2376 of the Bank of Russia dated August 21, 2017, from August 21, 2017, the banking license of the credit institution Joint Stock Commercial Bank North-Eastern Alliance (Joint Stock Company) JSCB SVA (JSC) was revoked (reg. No. 2768, Moscow city). According to the reporting data, as of August 1, 2017, the credit institution ranked 250th in the banking system of the Russian Federation in terms of assets. The Bank is not a member of the deposit insurance system.
JSCB "SVA" (JSC) turned out to be unable to fulfill its obligations to creditors in a timely manner, in connection with which the bank's activities arose grounds for taking measures to prevent insolvency (bankruptcy) and a real threat to the interests of its creditors.
The business model of JSCB "SVA" (JSC) was focused on serving the interests of its owners and was of a pronounced captive nature. High-risk lending to borrowers directly or indirectly related to the ultimate beneficiaries of the credit institution and not carrying out real activities has led to the formation of a significant amount of “non-performing” assets on the balance sheet of the credit institution. At the same time, the bank systematically underestimated the amount of accepted credit risk and evaded fulfilling the requirements of the supervisory authority on the formation of reserves for possible losses, adequate to the accepted risks, through the “technical” transformation of assets.
The Bank of Russia repeatedly applied supervisory response measures to JSCB SVA (JSC), mainly related to additional formation of reserves for possible losses on various assets.
The lack of intentions on the part of the bank's owners to take real measures to stabilize its financial position testifies to the futility of the credit institution's further activities. Under the circumstances, the Bank of Russia decided to withdraw JSCB SVA (JSC) from the banking services market.
The decision of the Bank of Russia was made in connection with the credit institution’s failure to comply with federal laws regulating banking activities, as well as Bank of Russia regulations, given the repeated application within one year of the measures provided for by the Federal Law “On the Central Bank of the Russian Federation (Bank of Russia)”, taking into account attention to the presence of a real threat to the interests of creditors.
In accordance with Order No. OD-2377 of the Bank of Russia dated August 21, 2017, a temporary administration was appointed to JSCB SVA (JSC) until the date of appointment in accordance with the Federal Law "On Insolvency (Bankruptcy)" of a bankruptcy trustee or appointment in accordance with Article 23.1 of the Federal Law "On Banks and Banking Activity" of the liquidator. The powers of the credit organization's executive bodies have been suspended in accordance with federal laws.
27.12.2019 :By the decision of the Moscow Arbitration Court dated November 29, 2017 in case No. А40-178542 / 2017-66-228 JSCB SVA (JSC) (hereinafter referred to as the Bank) (OGRN 1027739267390, TIN 7707288837, registration address: 127055, Moscow Moscow, Sushchevskaya street, 16, building 3) was declared insolvent (bankrupt) and bankruptcy proceedings were opened against him. The functions of the bankruptcy trustee are assigned to the state corporation "Deposit Insurance Agency" (hereinafter referred to as the Agency).
By the ruling of the Moscow Arbitration Court dated November 27, 2019, the term for bankruptcy proceedings against the Bank was extended by six months. Judicial sitting to consider the report of the bankruptcy trustee is scheduled for May 27, 2020.
Address for sending mail: 127055, Moscow, st. Lesnaya, 59, building 2.
In accordance with the requirements of paragraph 4 of Art. 61.1. Federal Law No. 127-FZ of October 26, 2002 “On Insolvency (Bankruptcy)” the Agency publishes information on the issuance of a judicial act based on the results of consideration of applications for declaring transactions invalid.
1. On April 25, 2019, the bankruptcy commissioner sent an application to the Moscow Arbitration Court to invalidate the compensation agreement No. Topaz" under loan agreement No. 66/17-k dated April 24, 2017.
By the decision of the Moscow Arbitration Court dated December 17, 2019, the application of the bankruptcy trustee was satisfied, the specified agreement was declared invalid and the consequences of its invalidity were applied in the form of recovery from Topaz LLC in favor of the Bank of promissory notes with a total nominal value of 14,550 thousand rubles, as well as restoration of the right to claim under the Bank's loan agreement to Topaz LLC.
2. On August 21, 2018, the bankruptcy trustee sent an application to the Moscow Arbitration Court to invalidate the banking operations dated July 27 and 28, 2017 for debiting from the settlement account of Invest-Service LLC opened with the Bank, Money in the amount of 3,130,364.06 rubles.
By the ruling of the Moscow Arbitration Court dated January 21, 2019, left unchanged by the decision of the Ninth Arbitration Court of Appeal dated March 25, 2019, the application of the bankruptcy trustee was denied.
By the decision of the Arbitration Court of the Moscow District of June 13, 2019, the ruling of the Arbitration Court of the City of Moscow of January 21, 2019 and the decision of the Ninth Arbitration Court of Appeal of March 25, 2019 were canceled, the separate dispute was sent for a new consideration
By the decision of the Moscow Arbitration Court dated December 17, 2019, the application of the bankruptcy trustee was satisfied, the banking operations dated July 27 and 28, 2017 were declared invalid and the consequences of their invalidity were applied in the form of recovery from Invest-Service LLC in favor of the Bank of funds in in the amount of RUB 3,130,364.06, as well as recovery of the Bank's debt to Invest-Service LLC in the specified amount.
3. On August 17, 2018, the bankruptcy commissioner sent an application to the Moscow Arbitration Court to invalidate banking operations dated August 14, 15, 16 and 17, 2017 on debiting from the correspondent account of the Bank in favor of REGIONGAZHOLDING JSC funds in the amount of RUB 78,704,234.51
By the decision of the Moscow Arbitration Court dated February 22, 2019, the application of the bankruptcy trustee of the Bank was partially satisfied, banking operations dated August 15, 16 and 17, 2017 were declared invalid and the consequences of their invalidity were applied in the form of recovery from REGIONGAZHOLDING JSC in favor of the Bank funds in the total amount of 72,585,988.73 rubles, as well as the recovery of the Bank's debt to REGIONGAZHOLDING JSC in the specified amount. The rest of the bankruptcy trustee's application was denied.
By the decision of the Moscow Arbitration Court dated December 17, 2019, the application of the bankruptcy trustee of the Bank was partially satisfied, Bank operation dated August 14, 2017 was declared invalid and the consequences of its invalidity were applied in the form of recovery from REGIONGAZHOLDING JSC in favor of the Bank of funds in the amount of 6,118,245.78 rubles, as well as the recovery of the Bank's debt to REGIONGAZHOLDING JSC in the specified amount.
