OREANDA-NEWS. January 18, 2008. RusRating has confirmed the ratings of B.I.N.BANK at "BB+" with Stable outlook, according its to Financial Statements from 11 January 2008, the bank's press service reported.

B.I.N.BANK is a commercial bank organised as an open joint stock company under the laws of the Russian Federation. B.I.N.BANK provides wide range of corporate banking services (including lending to large corporate clients & SME lending, payment and account services, international settlements, trade finance and ECA-backed finance, payroll services, leasing, etc), retail banking services (deposits, credit and debit cards, overdraft facilities, car, consumer and mortgage loans, etc) and financial markets activities.

B.I.N. Bank serves more than 30 regions within Russia and has extensive relationships with foreign banks and export credit agencies (ECAs). In 2004, the Bank was admitted into the Russian Central Bank Deposit Insurance Program, which provides insurance for customer deposits with state and private Russian banks in case of a bank bankruptcy. As of April 2007, the bank had over 2,300 employees.