Bank Avangard is one of the twenty most efficient banks in our country. The credit institution is constantly actively developing, offering its customers innovative banking services.
Modern positions of the bank
Avangard Bank was established 24 years ago and initially operated under the name of Sadr Joint-Stock Commercial Bank. Since the summer of 1996, the bank began to bear the modern name "Vanguard". Today, it is part of a large group of agricultural enterprises and financial companies. The members of the group are such powerful enterprises as Avangard-Agro OJSC and Avangard-Garant CJSC. Avangard-Agro is one of the largest agricultural producers in our country. He specializes in growing crops, producing malt.
Bank Avangard is a universal commercial bank providing a full range of banking services. At the same time, judging by the reviews about Avangard, the credit institution has developed high-tech financial products unique to the Russian market.
The president and chairman of the bank’s board is Kirill Minovalov, who owns a controlling stake. Other minority shareholders account for less than one percent of the shares.
Avangard can offer individuals deposits, bank cards, car loans, transfers, operations with securities. The institution has already issued more than three million bank cards of Visa and MasterCard payment systems.
Legal entities serviced by the bank are available credit, collection, acquiring, remote servicing, issuing corporate cards and much more. Among the bank's customers were such powerful large companies as Sedin, OJSC Gidropress, Samara Valve Plant. Bank Avangard has more than one hundred thousand corporate and one million private customers.
According to the results of the first half of last 2017, the bank's assets showed a decrease of almost seven billion rubles. The decrease in assets was due to the repayment of obligations on own securities by 2.5 billion rubles, as well as a decrease in the portfolio of borrowed loans by more than three billion rubles and an outflow of funds from legal entities by almost one million rubles. There was an increase in equity by almost a million rubles, retail deposits and balances on correspondent accounts. In the active part of the balance, a decrease in the loan portfolio is observed.
The winner of the “Best Corporate Bank of Russia 2017” and “Best Internet Bank of Russia 2017” awards is Avangard Bank. According to customer reviews of the institution, it is not for nothing that they carry these honorary titles. This financial institution was recognized last year as a leader in the national rating of the Banki.ru portal.
Reviews about working at Avangard Bank on the already mentioned site are mostly positive.
Normative indicators
This winter, the rating agency Moody's Investors Service affirmed the bank's rating at B2 / NP.
"Vanguard" is a major institution in our country. At the beginning of the year he takes:
- 56th place in terms of assets;
- fortieth place in terms of equity;
- seventeenth place in the ratio of profit to average assets for the previous year;
- 23rd place in the ratio of profit to average capital for the previous year.
Customer reviews of loans and deposits of "Vanguard" indicate a developed line of banking products developed in this lending institution.
head office
According to reviews of Avangard Bank, Moscow has offices in all areas of the capital, which is very convenient. The offices are located near transport stops (buses, subway) and highways.
The central office of the bank is located at: Sadovnicheskaya street, 12 in Moscow.
Feedback from Avangard Bank employees confirms that there are several dozens of branches operating in the capital, serving daily a huge flow of individuals and legal entities that are already clients of this credit institution or just want to become one.
The bank's network of branches includes a branch in the northern capital, St. Petersburg, nineteen representative offices, 98 offices, fourteen operating cash desks outside the cash center, 135 credit and cash offices and thirteen operating offices. The ATM network of Avangard Bank has more than six hundred payment devices.
Work in the bank "Vanguard"
Reviews about the employer ("Vanguard") are mostly positive. The average number of bank employees is 4446 people. In personnel policy, the bank focuses primarily on a combination of professionalism with enthusiasm, banking experience with the ambitions of novice employees who do not have experience in the banking sector.
According to corporate reviews of Avangard bank employees about the employer, it can be determined that work in the institution brings stability, good earnings and the development of professional skills.
To become an employee of one of the largest financial institutions in the country, you must meet the following requirements:
- Purposefulness, activity.
- Ability to quickly make decisions, bear responsibility for them.
- The desire to work in a team.
According to Avangard Bank employees, the management of this financial institution appreciates energy, initiative, intelligence, ability and willingness to learn new directions in the bank and holding companies. Today, the dynamically developing Avangard is actively recruiting professionals, considering candidates' CVs in areas of interest to it. If a citizen has banking experience and it is interesting to try yourself at Avangard Bank, then you must send a resume to the email address indicated on the bank’s official website.
Deposits
In the Avangard Bank, for any client, they will select the most convenient and profitable deposits. According to customers of Avangard Bank, the institution has developed a whole range of deposits:
- The currency of deposits can be rubles, dollars or euros.
- The periods of placement of funds vary from ten days to two years.
- The opportunity to open a deposit is available at the bank office and through the Internet bank.
- Interest may be paid at the end of the deposit period or on a monthly basis.
- Automatic prolongation is provided for all deposits opened in bank branches.
According to customer reviews of Avangard Bank about the institution’s services, it can be found out that all customers opening a deposit are offered a debit card as a gift, to which interest can be transferred.
Deposits that can be opened at the bank’s offices are called Basic and Rentier. Deposits that can be opened in the Internet bank are called Basic Internet and Multicurrency Internet.
According to reviews of the Avangard bank, the extension of the Savings Book deposit is still allowed. New contributions to this program do not open.
Bank Avangard is included in the register of banks that are participants in the deposit insurance system on a mandatory basis under number 128. Deposits of a credit institution are insured in accordance with the law on insurance of deposits of citizens of the country in financial institutions.
Bank cards
The main area of work with private clients is the issue of bank cards:
- Avangard Bank is the first credit institution in our country to offer credit cards with a lending period of up to two hundred days without interest.
- The bank also offers a range of financial services for travel lovers.
- Using Vanguard cards, you can receive privileges for using the card when purchasing goods. For bonuses, you can, for example, purchase tickets for trains and planes in the Internet Bank.
Avangard Bank issues payment cards of all payment systems. According to reviews of the Avangard bank, cards provide an opportunity:
- To withdraw cash own funds at bank ATMs without a commission.
- Use programs and additional services for cardholders.
- Receive bonuses for purchases on the card.
Payment cards allow you to make any payments on the card within the limits of the funds available on it. Terms of processing a debit card at Avangard Bank:
- The processing time is five business days.
- Notification via phone and Internet banking is provided to customers free of charge.
Joint projects
Avangard Bank together with some companies and public organizations issues unique design bank cards that provide their holders with additional features:
- An opportunity to buy goods, use services from partners of the bank and receive discounts and bonuses from Avangard bank. Discounts reach thirty percent on the purchase of goods.
- Use of additional services. For example, when applying for a Priority Pass card, a client gets access to first-class lounges, premium service lounges or business lounges at airports in all parts of the world. An international airline passenger community card entitles you to receive discounts when staying in hotels around the world.
- The possibility of lending with a grace period of up to fifty days.
- Notification via phone and Internet banking is provided to customers free of charge.
Promotion "Bring Friends"
The "Vanguard" bank launched the "Bring Friends" program. A citizen can get free miles for a recommendation given to a friend or friend, get a bank credit card. In the framework of the program:
- The card is issued only to new customers of a credit institution who have never before had a Avangard bank card.
- If the client is a bank card holder, then its service until the end of the validity period will become free for him.
Credits on the security of the car
Avangard Bank offers its customers car loans on the following conditions:
- On the purchase of cars of foreign brands made abroad or in our country, without mileage.
- For the purchase of passenger cars of foreign brands made abroad or in our country, without mileage.
- There is no requirement for mandatory transport insurance and customer insurance.
- There is no requirement to provide a certificate of income for the client.
The feedback of Avangard bank employees testifies to the demand for car loans issued at Avangard bank. A loan is issued by transferring funds to a Visa Auto credit card.
Criteria for lending on the security of a car at Avangard Bank:
- A loan is issued for a period of one to five years for the purchase of a passenger car and for a period of one to two years for the purchase of a passenger commercial vehicle.
- The currency of the loan may be rubles, dollars or euros.
- The interest rate is eleven percent in obtaining a loan in foreign currency and eighteen percent in rubles.
- The down payment must be at least thirty percent of the value of the car.
- The term for considering a loan application is no more than three business days from the date of submission to the credit institution of all the required documents.
- The fee for the transfer of payment for transport when paying with a Visa Auto card is not charged. If the payment is made by bank transfer, the commission will be two percent of the loan amount.
Getting a car loan consists of six steps:
- Filling out an application for a loan at a bank branch or on its website.
- Receive a message on the decision of the credit institution within three business days from the date of the provision of a full package of required documents.
- Choosing a car to buy at any car dealership. Registration of a contract of sale between a client and a car dealership.
- Transfer of an initial installment for a car purchase from the borrower's own funds.
- Signing a loan agreement with a bank. According to customer reviews, the bank "Vanguard" requires the presence of the spouse of the borrower when signing a loan agreement.
- Getting a loan. Payment for the selected car.
The advantages of a Visa Auto card are the following points:
- Free card issue.
- Establishing a credit limit for each client individually.
- The grace period is up to fifty days.
- Notification by means of messages to the phone and the Internet bank is provided to customers free of charge.
- The ability to receive bonuses from the bank in the form of a return to the card of one percent of the amount of purchases made.
- An annual gift from the bank in the form of crediting 250 rubles to the customer’s card.
- Providing a discount of 25 percent on goods and services under a discount program of a credit institution.
- Additional bonuses and discounts on the program "Visa Bonus".
Credit Limit Cards
Credit cards of Avangard Bank, according to consumer reviews, allow you to use a credit limit at any time. The loan conditions are as follows:
- The first grace period for loans is two hundred days and is provided free of charge.
- In the future, grace periods of credit are up to fifty days free of charge.
- A credit card takes five business days.
- Notification by means of messages to the phone and the Internet bank is provided to customers free of charge.
Corporate sector
For legal entities, Avangard Bank provides a wide range of services. A credit institution always, first of all, focuses on integrated settlement and cash services for its corporate clients. The bulk of the customer base of Avangard Bank are small and medium-sized enterprises, as well as individual entrepreneurs. There are large holdings, especially in the agricultural sector, which use the settlement and cash services of a credit institution. The Bank provides an opportunity for large organizations in real time to receive full reporting on all subsidiaries.
The main advantage of the "Vanguard" services operating in real time is that all possible operations are transferred to the remote service system. This does not require a trip of employees of organizations to a credit institution and, accordingly, distracting them from work in the office. Every day, the bank makes over fifty thousand payments through the virtual Internet network in all regions of the credit institution's presence.
Avangard Bank takes care of each of its corporate clients, therefore, it tries to open accounts in the required currency in a short time. The Bank serves legal entities, individual entrepreneurs, residents and non-residents of our country in 75 cities.
More than one hundred thousand legal entities are currently in cash settlement services at Avangard Bank. The main advantages of settlement and cash services in a credit institution are:
- Low cost of service at the bank.
- Very convenient and affordable online banking.
- Settlement and cash services are carried out in three hundred bank offices.
- Convenient informing by means of messages on the phone for IP.
Reviews about the Avangard bank characterize a credit institution as a first-class institution for mutually beneficial cooperation.
An application for opening a current account by a legal entity or business owner is carried out promptly in three stages on the bank's website:
- An application is filled out on the official website of the institution.
- The necessary documents are loaded.
- The client comes to the bank office with the original documents and opens an account.
Summary
According to staff reviews, Avangard Bank is a dynamically developing credit institution. The strongest side of the bank is the widespread use of innovative banking technologies in the institution. Products developed by the bank’s specialists are unique and inimitable. Judging by the reviews, the Avangard bank is constantly developing, expanding the list of services provided.