About bank

About the bank

Commercial bank "Ellips bank" - Limited Partnership was founded in 1992. It is one of the most dynamically developing privately owned banks of Nizhny Novgorod. In 1997 the bank enlarged the group of its sharing partners which included financial institutions, industrial enterprises and private individuals. New ideas and business procedures, ample financial resources created a good impulse for the bank's development in the future. We stick to the concept of a universal bank and rely on commission yielding operations and introduction of new technologies. This conception works well on Russian financial markets.

The date 25th of July 2001 was a major landmark in the bank's history. " Ellips bank" changed its juridical status to Joint Stock Company in an effort to ensure a constant rise of the bank's financial stability.

The bank's priorities are effective decision making policy, customer-centric approach, flexible fees. Adoption of the named strategy allowed the bank to attract a large number of new clients among which you can find enterprises involved in alcoholic drinks and foodstuffs production, leather and chemical industry, agricultural sector. Ellips bank aims to provide services on Russian markets in compliance with the highest standards of international business practice.

Correspondent relationship established with the biggest banks of Russia and CIS and European banks enables Ellips bank to wire money in the shortest time, perform exchange operations with free convertible and inconvertible currencies at the most profitable market rates.

Individual, systemic approach and integrated solutions for customers are basic characteristics to be underlined while speaking about services provided by Ellips bank for medium- and small- size enterprises and individuals. In the year 2002 this criterion was predominant in terms of further improvement of the level of services rendered by the bank to corporate companies and individuals.

The aforesaid trends of collaboration help our clients make business successfully, observe commercial secrecy, make the process of customising easier and reduce expenses.

One of the bank's services is to provide a way for importers having contractual obligations based on prepayment with foreign contractors to avoid 20% deposit of funds required for a purchase of currency while making payments for imported goods. Distinctive features of such forms of co-operation are simplicity, individual approach, effective decisions making, low rates.

The staff of the bank is a united group of efficient people, experienced specialists who have been working in banking for 5-10 years and more, that's why we manage to combine our experience with the most advanced bank technologies.

Ellips bank shows a good balance. A high degree of liquidity specific to Ellips bank enables the latter to discharge liabilities towards all its creditors on the first demand. The bank carries out its business activity in compliance with 14 standards fixed by the Central Bank of Russia.

JSC CB " Ellips bank" invites for co-operation everyone interested in a reliable and high-quality services