Sovcombank

One of the largest banks in the top 15 of the Central Bank of Russia's ranking

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Data updated on 14.10.24

Best bank offers

1
  • Max. amount
    80 000 ₽
  • Min. amount
    1 500 ₽
  • Rate, %
    0%
  • Loan term
    from 3 years
1
  • Limit
    300 000 ₽
  • 0% interest
    180 days
  • Cashback
    10%
  • Rate
    from 39.9 %
1
  • Limit
    300 000 ₽
  • 0% interest
    180 days
  • Cashback
    No
  • Rate
    from 39.9 %
4
20
  • Limit
    500 000 ₽
  • 0% interest
    300 days
  • Cashback
    10%
  • Rate
    from 15 %
0
  • Max. amount
    30 000 000 ₽
  • Min. amount
    300 000 ₽
  • Rate, %
    14,9%
  • Loan term
    from 15 years
3.5
12
  • Max. amount
    5 000 000 ₽
  • Min. amount
    150 000 ₽
  • Rate, %
    14,9%
  • Loan term
    from 5 years
4.5
5
  • Max. amount
    30 000 000 ₽
  • Min. amount
    30 000 ₽
  • Rate, %
    14.9%
  • Loan term
    from 15 years
1
  • Max. amount
    30 000 000 ₽
  • Min. amount
    30 000 ₽
  • Rate, %
    14,9%
  • Loan term
    from 15 years
1
  • Max. amount
    5 000 000 ₽
  • Min. amount
    100 000 ₽
  • Rate, %
    35.9%
  • Loan term
    from 5 years
0
  • No-fee cash withdrawals
    Up to 150,000 RUB
  • Interest on balance
    Up to 0 %
  • Cashback type
    Points
  • Cashback
    up to 10 %
1
  • No-fee cash withdrawals
    Up to 150,000 RUB
  • Interest on balance
    Up to 6 %
  • Cashback type
    Points
  • Cashback
    up to 10 %
3.67
20
  • Limit
    500 000 ₽
  • 0% interest
    2 years
  • Cashback
    10%
  • Rate
    from 0 %

About the bank

The bank known today as Sovcombank was originally registered in 1990 as Buykombank. For many years, it operated within the Kostroma region without widespread reach. However, the situation changed in 2002. Russian entrepreneurs Sergey Khotimsky and Mikhail Klyukin bought Buykombank and renamed it Sovcombank in early 2003. Since then, the bank has operated under this name. Throughout 2003, Sovcombank's services were provided through a single branch in the city of Kostroma. In 2004, the bank began active expansion, opening new branches not only in Kostroma but also in other cities of the region.

Until 2007, Sovcombank served clients in the Kostroma region. However, it was not popular because larger financial organizations also had branches in the same region.

In 2007, the foreign company TBIC Financial Services BV bought exactly half of the bank's shares, which allowed for an increase in capital, expansion of the organization's area of operation, growth of the client base, and much more. In 2012, TBIC Financial Services BV sold its stake to other Sovcombank shareholders.

Today, Sovcombank is one of the largest and most stable credit institutions in Russia. The bank holds a strong position in the market, and millions of people use its services. The bank is also known for its offers for pensioners, who make up a significant portion of its clients.

The Chairman of the Board of Sovcombank is Dmitry Gusev, who owned a 7.67% stake in the bank at the end of 2019. The primary and ultimate shareholder is the Dutch company SovCo Capital Partners N.V. Other investors are located in Russia, Saudi Arabia, China, Japan, and other countries in the Middle East and Asia. Additionally, a portion of the shares belongs to former RosEuroBank shareholders Ilya Brodsky and Andrey Suzdaltsev.

Sovcombank provides standard services and products to individuals:

  • Loans: "Cash Loan", "Loan Refinancing", "Card Loan", "For Pensioners", "Secured Loan", "Loan Secured by Real Estate", "Loan Secured by Auto", "Auto Loans", and many others.
  • Debit and credit cards: "Halva", "PAY Sticker", "Halvenok", "Halva Salary Card", "Trade Union Card", and more.
  • Mortgages: "Mortgage with State Support", "Mortgage for Secondary Housing", "Mortgage for Families with Children", "Mortgage for IT Specialists", "Mortgage for New Construction", "Mortgage Refinancing", and so on.
  • Deposits and savings accounts: "Winter Interest with Halva", "Convenient", "Savings Account".
  • Investments: brokerage account, IIS, bonds, mutual funds, precious metal accounts, precious metal bullion.
  • Insurance: "CASCO Auto Insurance", "OSAGO Auto Insurance", "Traveler Protection", "Multi-protection for Family", "Endowment Insurance", and many others.

The bank also offers a wide range of services for corporate clients in various industries.

Sovcombank features and benefits:

  1. Commercial foundation — Sovcombank operates without state participation and is managed by shareholders.
  2. Standard products — the bank offers credit and debit cards, mortgages, cash loans, and savings products for retail clients.
  3. Business services — the bank provides services to small, medium, and large businesses, including loans, factoring, leasing, and trade finance.
  4. Auto loans — Sovcombank actively offers auto loans to individuals, making it one of the few banks providing this service.
  5. Technological advancement — the bank actively uses modern technologies to improve its services, including mobile apps and online banking.
  6. Reliability — Sovcombank has a stable reputation and good creditworthiness, making it attractive to clients.

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Reviews of the bank's products

All
Sovcombank
3.33
21
15.10.24 / 20:50
Halva credit card from Sovcombank

I've been using this card for several months. Everything is fine, money is refunded, and cashback also arrives without any issues. Card-to-card transfers work well too. Online banking is simple and easy to use. And customer service is top-notch. No problems so far.

Sovcombank
3.33
21
13.10.24 / 04:50
Halva credit card from Sovcombank

I got the card, initially I was scared of the interest rates, but then I realized it's quite normal. The limit is good, plus pleasant cashback. There were no issues with customer service, all questions were resolved quickly. Online banking is convenient, I set up auto-payments without any problems. It improves the credit history, so overall I'm satisfied!

Sovcombank
3.33
21
14.08.24 / 12:11
Halva credit card from Sovcombank

I have been using the Halva credit card from Sovcombank for six months to pay for everyday purchases and services. It is very convenient that there is a installment plan of up to 6 months. The mobile app is clear and user-friendly. Service is flawless, thank you to the bank for quality service!

No reviews yet.

Sovcombank
3.33
21
14.11.24 / 10:54
Sovcombank "Halva" installment card

Got Halva, so far satisfied. Everything is simple, it even helps with installment payments for taxes. The online bank is convenient, everything is always visible: balance, statements. Money refunds without problems. I recommend it!

Sovcombank
3.33
21
15.10.24 / 22:08
Sovcombank "Halva" installment card

I used the "Halva" card from Sovcombank to buy appliances in installments. Everything was simple and convenient, with no hidden fees. An excellent tool for unexpected expenses.

Sovcombank
3.33
21
15.10.24 / 17:14
Sovcombank "Halva" installment card

I used the "Halva" card from Sovcombank to buy appliances on an installment plan. The application process was fast, and the terms are transparent. I was satisfied with everything. I recommend it!

Sovcombank
3.33
21
16.09.26 / 10:02
Credit Doctor from Sovcombank

Editorial auto-review: Sovcombank's "Credit Doctor" program is aimed at citizens over 18 who need to fix or build their credit history. The bank offers terms of up to 3 years with a maximum loan amount of up to 80,000 RUB (the minimum amount is 1,500 RUB). Application review takes from 15 minutes. The product is a phased set of measures for consistently restoring the borrower's financial reputation before applying for standard banking products.

Sovcombank
3.33
21
14.09.26 / 16:01
Loan for major goals at Sovcombank

Editorial auto-review: Sovcombank's Loan for Big Goals offers financing for amounts from 30,000 to 30,000,000 RUB. The agreement term can reach up to 15 years, allowing for flexible monthly payment planning. The interest rate starts from 14.9% per annum. A decision on the application is made promptly — from 15 minutes. The program is available to clients over 18 years old and is focused on major purchases or the realization of significant life plans. Lending terms depend on the borrower's solvency and may be adjusted by the bank. Before applying, it is recommended to check the current tariffs and document requirements on the financial institution's official website.

Sovcombank
3.33
21
13.09.26 / 19:03
Loan for individual entrepreneurs at Sovcombank

Editorial auto-review: Sovcombank's SME loan is aimed at individual entrepreneurs who need funds for business development. The maximum loan amount is up to 5 million RUB for a term of up to 5 years. The rate is set at 35.9% per annum, and the bank makes a preliminary decision quickly—starting from 15 minutes. The product is suitable for promptly solving the company's current financial tasks. Requirements for borrowers include a business age of at least 18 months.

Customer reviews of the bank

Leave a review
author Amelia Ryzhanova
Amelia Ryzhanova
Guest
Sovcombank
Service is top-notch, loan rates are lower than in other banks. Cashback and bonuses are a nice perk. However, they could have increased the credit limit.
author EchoEthereal
EchoEthereal
Guest
Sovcombank
My girlfriends suggested Sovcombank to me when I needed a loan. I applied, and they gave me a higher limit than expected! I use the services via the app — simple and convenient. I recommend it!
author StellarSpell
StellarSpell
Guest
Sovcombank
Hello everyone! I recently applied to Sovcombank for a loan. A friend advised me, saying they have good terms. And indeed, the interest is lower than others, and they take a flexible approach to each client. I submitted an application, and it was reviewed and approved the same day. Pleasantly surprised! They also introduced a new loyalty program, just right for people like me with families and kids. All terms are transparent, no hidden fees. I make payments through the app, very convenient. Overall, I am satisfied. I advise it!
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