The name of our Bank has been changed According to amendments in the legislation of the Russian Federation the name of our Bank has been changed to Joint-Stock Commercial Bank “YAPI KREDI BANK MOSCOW” (Joint-Stock Company). Short name of the Bank is JSCB “YAPI KREDI BANK MOSCOW” (JSC).
About deposit insurance President of Russia Vladimir Putin signed a law under which the maximum amount of the indemnity paid by the Deposit Insurance Agency (DIA) doubled from 700 thousand up to 1.4 million Rubles. The law came into force on 29.12.2014.
Yapi Kredi Bank Moscow is the pioneer Turkish Bank in Russia; introduced as a Representtative Office in 1988, by 1993 it was granted General License.