Established in 1990 Promselhozbank is a universal dynamic bank offering a wide range of services to corporate and private clients. Over the years the bank manage to considerably strengthen its positions in all lines of business, particularly in the segment of corporate lending, and to show positive trend by increasing its key financial indicators.
Positive development trend allowed Promselhozbank to keep a respectable place in the domestic banking market and improved its positions in ratings. In 2015 RAEX confirmed the bank's "A" rating (high credit level).
Promselhozbank began its history in the distant 1905. Then, a credit partnership was opened in the suburb of Pokrov (now Engels city ) for the needs of the Volga region Germans. Since then, the bank has repeatedly changed its name: mutual benefit, the bank of ASSR of the Volga region Germans, Engels branch of the State Bank, Zhilsotsbank. In 1990 Engels Zhilsotsbank office was transformed into a commercial bank "Engels - bank". Its current name Promselhozbank acquired on April 12th, 2010. In the same 2010, the bank changed its permanent place of residence and the head office moved to Moscow.
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