In 2002, when Sovcombank (Buoykombank at the time) was acquired by Sergey Khotimskiy and a group of co-investors, it had one branch, 17 employees and ₽2 million equity. By the end of 2019, Sovcombank had become the No.3 largest privately-owned bank in Russia by total assets according to Interfax ranking based on RAS, had a branch network of 2 500 offices and employed 15 664 people, whilst the Group reported ₽139 billion total equity demonstrating its ability to grow over time.

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Sovcombank

Sovcombank's headquarters in Russian Federation

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