"Sovcombank, according to reviews, is one of the five largest commercial banks in Russia in terms of key indicators: the size of assets, the number of offices. The strategy of a credit institution is to achieve the planned performance in the niches of providing services to private and corporate clients.
Bank History
Sovcombank today is active in three main segments:
- The provision of retail services to the population. Lending services are provided mainly to citizens in cities with a population of less than one hundred thousand people. As of January 1 of this year, a commercial bank provided services to more than three million customers.
- Interaction with corporate clients (five hundred largest corporations, three hundred and fifty thousand small and medium enterprises).
- Investment.
Credit ratings
The financial stability of Sovcombank is evaluated by five rating agencies. Credit ratings and agency reports are presented below:
- In the spring of this year, Fitch Ratings affirmed the long-term credit rating at “BB-”.
- In the spring of the same year, S&P Global Ratings affirmed its long-term credit rating of BB-.
- In March of this year, Moody's Investors Service confirmed the rating at Ba3.
Work in Sovcombank
The bank currently employs more than eleven thousand people. According to employee reviews, Sovcombank has established itself as a responsible employer. Work at the bank brings material stability and professional development. What does it take to become an employee of one of the largest financial institutions in the country? Requirements for candidates are as follows:
- Initiative and determination.
- The ability to quickly make the right decisions and take responsibility for them.
- Skill to work in team.
- According to reviews, Sovcombank is pleased to see highly qualified specialists in its team who want to work and develop rapidly. To consider a candidate for a vacancy, it is necessary to send a resume to the bank by e-mail or through the form on the official website of the bank.
According to reviews about Sovcombank, a career in a credit institution can be built by anyone who knows how to set goals and achieve them.
Deposits
A business related to servicing private clients is one of the fundamental areas of work of Sovcombank credit institution. According to customers of Sovcombank, the scale of attracting funds from individuals is increasing at an increasing rate today. Clients are provided with a full range of services: deposits, cards, and so on. We will answer a very common question about who can open a contribution:
- A person can become a contributor if he is fourteen years old.
- A person can make a deposit in his own name or send his representative to a credit institution by giving him a power of attorney.
- Foreigners and stateless citizens can open a deposit if desired.
We list the main types of deposits offered by Sovcombank:
- "Maximum income with Halva. The minimum deposit amount should be thirty thousand rubles. Interest is paid upon the expiration of the deposit on the Halva installment card. According to reviews about Sovcombank, this is the most sought-after deposit among bank customers.
- "Maximum revenue." Deposit for customers who want to receive income on placed funds in the bank by a certain date.
- "Fixed income". A deposit with interest paid on a monthly basis. The accrued interest is paid on the opening date (prolongation) of the deposit or on the expiration date of the deposit by transferring Sovcombank to the Halva installment card. The minimum amount is one thousand, the maximum is thirty thousand rubles.
- "Interest on interest." The deposit amount varies from one to thirty thousand rubles. During the validity period of the deposit, the amount of all contributions may not exceed the initial amount paid during the first ten calendar days from the date of opening the deposit. Both cash and non-cash replenishment methods are possible. Deposit with a monthly capitalization of interest. Accrued interest is added to the deposit, increasing its amount.
- "Always at hand." Under this program of funds allocation, the most flexible conditions are provided: free replenishment and withdrawal of funds up to the minimum agreed balance in the account. The amount of the deposit varies from thirty thousand to three million rubles.
- "Automotive". Contribution for customers planning to purchase a car. The term of the deposit is one year. The rate varies from 6.6 to 7.6 percent. The deposit amount varies from one to thirty thousand rubles. A deposit is issued upon presentation of a driver’s license or title for a vehicle. When using funds from a deposit to purchase a car from dealers that are partners of Sovcombank, the deposit rate increases by one percent per annum, starting from the seventh month until the expiration date of the deposit. The rate may increase with the provision of documents on the purchase of a vehicle from Sovcombank partners.
Loans
Judging by customer reviews of Sovcombank, a credit institution offers favorable conditions for all retail lending products:
- Mortgage.
- Car loans.
- Customer credit.
A loan for the purchase of real estate is issued on the following conditions:
- The age of the borrower must be from twenty years at the time of receiving the loan, up to eighty-five years at the time the loan expires.
- The borrowers have permanent registration on the territory of one region of the country.
- Real estate must be located in Moscow or the Moscow region.
- The amount of the loan should be up to one hundred million rubles.
A loan secured by real estate is issued on the following conditions:
- The age of the borrower must be from twenty years at the time of receiving the loan, up to eighty-five years at the time the loan expires.
- The borrowers have permanent registration on the territory of one region of the country.
- There is a personal contact mobile phone number.
- Types of real estate suitable for registration of collateral: apartments, rooms, houses, buildings with a land plot.
- A credit institution is entitled to request an additional guarantee of a natural person as security.
- If the property being pledged is in common joint or common shared ownership, then the presence of co-borrowers on the transaction is necessary to obtain a loan.
- The ability to connect to the guaranteed minimum rate of 11.9 percent per annum.
A loan secured by a vehicle is provided on the following conditions:
- A loan is provided for the purchase of vehicles, which will be a guarantee.
- You can buy a car at car dealerships that are partners of the bank.
- The age of the borrower must be from twenty-two years at the time of receipt of the loan, up to eighty-five years at the time the loan expires.
- The client must have the citizenship of our country and registration in Russia for at least the last four months.
- The borrower has a stationary work or home telephone.
- The borrower must be officially employed and his work experience at the last place of work must be at least four months.
- Requirements for the subject of pledge: movable motor vehicle of category "A", "B", "C" and "D" not older than seventeen years for cars of the first category and not older than ten years for cars of the second category. The second category includes VAZ, VIS, Bogdan, GAZ and other cars produced in our country, Chinese brands. The first category includes all cars that do not fall under the second.
- Documents required for considering a loan application are a passport of a citizen of the country, SNILS, a driver’s license, military ID, income certificate or a certificate in the form of a bank. In the absence of a military card, a guarantee of parents or other adult relatives is required for men aged twenty-two to twenty-six. A certificate in the form of 2 personal income tax is mandatory for a loan amount of eight hundred thousand rubles.
Lifebuoy
In the customer reviews of loans in Sovcombank, it is noted that it is possible to resume lending to customers using a three-stage credit history improvement program. The credit institution guarantees every next step, subject to the rules for using products. We describe the main steps of the procedure:
- First step. According to reviews about Sovcombank, the Credit Doctor is an individual program to improve the client’s credit history with proper fulfillment of obligations. The client must use a set of purchased services and make loan payments without delay. To apply for the program, you must contact the bank with a passport of a citizen. According to reviews of Credit Doctor at Sovcombank, the program has helped more than a dozen people to start using credit services again. There are two types of programs. The first is valid from three months to six months, costs 4999 rubles, and the second is valid from six months to nine months and costs 9999 rubles. The interest rate for using cash under the program is 33.3 percent.
- The second step is called "Money at stake." The loan term is six months. The loan amount is from ten to twenty thousand rubles. The interest rate is 33.3 percent.
- The third step is called Express Plus. The loan term is six months, a year or a year and a half. There are two types of Express Plus programs: according to the first credit limit from thirty to forty thousand rubles, and according to the second limit from thirty to sixty thousand rubles. Sovcombank gives a guarantee of credit after the end of the program "Improvement of credit history" if all the rules for using bank products are observed.
Credit cards
According to user reviews, Sovcombank offers very favorable credit card conditions. You can apply for a card through the form on the website of the credit institution.
Halva Card
The Halva card issued by Sovcombank credit institution provides its customers with the opportunity to make installment purchases for up to twelve months without down payment and fees in stores that are partners of the bank.
According to user reviews, the Halva card of Sovcombank has a number of undeniable advantages over other cards:
- Purchase of goods by installments in stores that are partners of Sovcombank.
- Providing installments for a calendar year without interest.
- The possibility of setting a lending limit of three hundred and fifty thousand rubles.
- Contactless payments.
- No commission for annual card maintenance.
- Accrual of interest on the cash balance on the card. Interest rate from 6.5 percent.
- Receiving a detailed report on all operations performed on the card.
According to user reviews, "Halva" "Sovcombank" has three types of cards:
- Halva Halal.
- Halva Bonus.
- "AutoHalva".
Halva Halal
Halva Halal provides the following benefits to users:
- The possibility of interest-free installments when purchasing goods in an affiliate network of stores for a period of twelve months. The partners of Sovcombank are sixty thousand stores in our country.
- The possibility of establishing a credit limit of three hundred and fifty thousand rubles.
- Lack of commissions when processing a card.
- Refund of the amount of remuneration (cash-back) to the card for any purchases at the expense of the client in the affiliate network.
According to reviews, the Halva installment card of Sovcombank allows you to make profitable purchases in the most popular and sought-after outlets in the country.
Halva Bonus
Halva Bonus is a unique gift. When activating the card, the client receives a gift in the form of bonuses in the amount of one thousand rubles. There is an opportunity to add funds to the card and thereby increase the gift amount. We list the main conditions for using the card:
- To activate the Halva Bonus card, you must apply for a card at the bank office.
- Upon activation, a bonus of one thousand rubles is credited to the card. Money is available the day after replenishment of the card.
- The client can deposit funds to the card and make purchases. The maximum volume of purchases per month should not exceed forty thousand rubles, and per day - fifteen thousand rubles.
- Cash withdrawals, transfers from Halva Bonus cards to other cards are not possible.
- The first purchase is made using a contact chip. Further, contactless payment for purchases is possible in the amount of up to one thousand rubles.
- At the end of the validity period, the Halva Bonus becomes invalid.
- The card is not refundable or exchangeable. The client can receive the Halva Bonus card once, then it is possible to exchange for the Halva installment card.
- The purchase of goods using the Halva-Bonus card is possible only in stores that are partners of the bank.
"AutoHalva"
"AutoHalva" is an extended version of the installment card. This is the perfect choice for family car enthusiasts. We list the main conditions for using the card:
- The possibility of interest-free installments when purchasing goods in an affiliate network of points of sale for a period of twelve months.
- Additional installments for two months in stores affiliate network category of car dealerships and gas stations.
- The possibility of establishing a credit limit of three hundred and fifty thousand rubles.
- Lack of commissions when processing a card.
- Accrual of interest on the cash balance on the card. Interest rate from 7.5 percent.
- Refund of the amount of remuneration (cash-back) to the card for any purchases at the expense of the client’s funds in the affiliate network.
Motorists leave positive feedback about the Halva of Sovcombank, noting the opportunity to service and refuel the car on very favorable terms.
Summary
Reviews about Sovcombank indicate that this financial institution is successfully developing as a universal bank. Sovcombank offers a huge selection of services for private and corporate clients. A financial institution is developing dynamically and demonstrates the stability of all indicators. The work of the professional team is aimed at the result, that is, at the development of the bank in the financial markets. The regional network of Sovcombank covers a significant part of the territory of Russia. This allows customers to receive the full range of high-quality banking services, regardless of where in the country they live or are located. According to reviews of Sovcombank, all of its branches are conveniently located relative to highways and public transport.