At the same time, LLC "Resort Bank" received the status of a bank…
At the same time, LLC "Resort Bank" received the status of a bank with a basic license; the registered capital of the credit organization amounts to 967.4 million rubles.
Consensus
- The microfinance company 'Cashdrive' changed its name to 'Resort Bank'.
- Resort Bank received a basic banking license from the Central Bank of Russia.
- The license allows Resort Bank to conduct operations in rubles and foreign currencies and with precious metals.
- Resort Bank cannot accept deposits from individuals.
- Cashdrive is a subsidiary of Expobank.
- Expobank owns 92.5% of Resort Bank.
- The authorized capital of Resort Bank is 967.4 million rubles.
- The rebranding and licensing occurred in early August.
- The company's portfolio of loans as of March 31 was 1.65 billion rubles.
Points of divergence
- The owners of Resort Bank do not plan to continue the business of lending to individuals secured by vehicles. — kommersant
- The main purpose of the rebranding is to package the largely overdue assets of 'Cashdrive' into a bank with a clean license for a higher sale price. — kommersant
- The ready-made license for Resort Bank could be sold for a capital plus $1.5–2.5 million on the M&A market. — kommersant
- Resort Bank is building infrastructure for sustainable financial solutions for legal entities. — interfax
- Expobank ranked 28th in the 'Interfax-100' ranking as of the second quarter of 2026 with assets of 346.5 billion rubles. — interfax
- The main shareholder of Expobank is businessman Igor Kim. — interfax
Coverage (2 sources)
- Expobank turned a subsidiary MFK "Cashdrive" into a bank — Коммерсантъ
- MFK belonging to Expobank received status of a bank with a basic license — Интерфакс