Bank "Avangard": reviews, conditions, features and services

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

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.

Current bank positions

Bank "Avangard" was established 24 years ago and initially carried out its activities under the name of JSCB "Sadr". Since the summer of 1996, the bank began to bear the modern name "Avangard". Today it is part of a large group that includes agro-industrial enterprises and financial companies. The members of the group are such powerful enterprises as OJSC "Avangard-Agro" and CJSC "Avangard-Garant". "Avangard-Agro" is one of the largest producers of agricultural products in our country. It specializes in crop cultivation, m alt production.

Bank "Avangard" is a universal commercial bank that provides a full range of banking services. At the same time, judging by the reviews about Avangard, creditThe institution has developed high-tech financial products unique for the Russian market.

The president and chairman of the board of the bank today is Kirill Minovalov, who owns a controlling stake. Other minority shareholders account for less than one percent of the shares.

For individuals "Avangard" can offer deposits, bank cards, car loans, transfers, transactions with securities. The institution has already issued more than three million bank cards of Visa and MasterCard payment systems.

Legal entities served by the bank have access to lending, cash collection, acquiring, remote servicing, corporate card issuance and much more. Among the bank's clients were such powerful large companies as Sedin, JSC Gidropress, Samara Valve Plant. Avangard Bank has more than one hundred thousand corporate and one million private clients.

According to the results of the first half of last year 2017, the bank's assets showed a reduction of almost seven billion rubles. The decrease in assets was due to the redemption of liabilities on own securities by 2.5 billion rubles, as well as a reduction in the portfolio of attracted 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, there is a reduction in the loan portfolio.

Winner of "Best Corporate Bank" awardsRussia 2017" and "The Best Internet Bank of Russia 2017" is Avangard Bank. According to customer reviews of the institution, it does not bear these honorary titles for nothing. This financial institution was recognized last year as the leader in the national rating of the Banki.ru portal.

Reviews about working at Avangard Bank on the already mentioned site are mostly positive.

Regulatory indicators

This winter, the Moody's Investors Service rating agency confirmed the bank's rating at B2/NP.

"Vanguard" is a major institution of our country. At the beginning of the year it takes:

• 56 in terms of assets;
• 40 in terms of net worth;
• 17th in terms of profit to average assets for the previous year;
• 23rd in terms of earnings to average capital for the previous year.

Client feedback on loans and deposits of Avangard testifies to the developed line of banking products developed in this credit institution.

Headquarters

According to reviews of Avangard Bank, Moscow offices are located in all districts of the capital, which is very convenient. Branches are located near transport stops (buses, metro) and highways.

The bank's central office is located at 12 Sadovnicheskaya Street in Moscow.

Reviews from Avangard Bank employees confirm thatseveral dozen branches daily serving a huge flow of individuals and legal entities who are already customers of this credit institution or just want to become them.

The bank's branch network 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 operational offices. The ATM network of Avangard Bank has more than six hundred payment devices.

Working at Avangard Bank

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 the corporate reviews of Avangard Bank employees about the employer, it can be determined that working in an institution brings stability, good earnings and development of professional skills.

To become an employee of one of the largest financial institutions in the country, you must meet the following requirements:

• Dedication, activity.
• The ability to make decisions quickly and be responsible for them.
• Desire to work in a team.

According to the feedback from Avangard Bank employees, the management of this financial institution appreciatesenergy, initiative, intellect, ability and readiness to master new directions in the bank and holding companies. Today, the dynamically developing "Avangard" is actively recruiting professionals, considering resumes of candidates in areas of interest to it. If a citizen has banking experience and is interested in trying himself at Avangard Bank, then you need to send a resume to the email address indicated on the official website of the bank.

Contributions

Avangard Bank will select the most convenient and profitable deposits for any client. According to the feedback from Avangard Bank clients, the institution has developed a whole line of deposits:

• Deposit currency can be rubles, dollars or euros.
• Funding periods range from ten days to two years.
• The opportunity to open a deposit is available at the bank office and through the Internet bank.
• Payment of interest can be made at the end of the term of the deposit or on a monthly basis.
• Automatic prolongation is provided for all deposits opened at bank branches.

According to the feedback from Avangard Bank clients about the services of the institution, it can be found out that all clients who open a deposit are offered a debit card as a gift, to which interest can be transferred.

Deposits that can be opened at bank offices are called "Basic" and "Rentier". The deposits that can be opened in Internet Banking are called "Basic-Internet" and "Multicurrency-Internet".

According to the reviews of the Avangard bank, the prolongation of the Savings book deposit is still allowed. New deposits under this program are not opened.

Bank "Avangard" is included in the register of banks that are members of 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 direction of work with private clients is the issuance of bank cards:

• Bank "Avangard" is the first credit institution in our country to offer credit cards with a credit period of up to two hundred days without interest.
• The bank offers another range of financial services for travel lovers.
• With Avangard cards, you can get privileges for using the card when purchasing goods. For bonuses, you can, for example, purchase train and plane tickets in the Internet bank.

Bank "Avangard" issues settlement bank cards of all payment systems. According to reviews about the bank "Avangard", the cards make it possible:

• Withdraw cash from bank's ATMs without commission.
• Use programs and additional services for cardholders.
• Receive bonuses for card purchases.

Debit cards allow you to make any payments on the card within the limits available on itfunds. Conditions for issuing a debit card at Avangard Bank:

• The processing time is five business days.
• Alerts via messages to the phone and Internet banking are provided to customers free of charge.

Joint projects

Bank "Avangard", together with some companies and public organizations, issues bank cards of a unique design, which provide their holders with additional opportunities:

• The opportunity to buy goods, use the services of the bank's partners and receive discounts and bonuses from the Avangard bank. Discounts reach thirty percent on the purchase of goods.
• Using additional services. For example, when applying for a Priority Pass card, the client gets access to first-class lounges, premium lounges or business lounges at airports all over the world. The International Aviation Passenger Community Card en titles you to discounted hotel accommodations around the world.
• Possibility of lending with a grace period of up to fifty days.
• Alerts via messages to the phone and Internet banking are provided to customers free of charge.

Promotion "Bring your friends"

Avangard Bank launched the "Bring Friends" program. A citizen can receive free miles for a recommendation given to a friend or a friend, to issue a bank credit card. Within the program:

• Mapissued only to new clients of a credit institution who have never had an Avangard bank card before.
• If the client is a bank card holder, then its service until the end of the validity period will be free for him.

Car Loans

Bank "Avangard" offers its customers car loans on the following terms:

• For the purchase of cars of foreign brands, produced abroad or in our country, without mileage.
• For the purchase of passenger cars of foreign brands, produced abroad or in our country, without mileage.
• No requirement for mandatory transport and customer insurance.
• No requirement to provide proof of client income.

Reviews of Avangard bank employees testify to the demand for car loans issued by Avangard bank. The loan is issued by transferring funds to a Visa Auto credit card.

Criteria for lending secured by a car at Avangard Bank:

• A loan is issued for a period of one to five years for the purchase of a car and for a period of one to two years for the purchase of light commercial vehicles.
• The currency of the loan can be rubles, dollars or euros.
• The interest rate is eleven percent when obtaining a loan in foreign currency and eighteen percent - in rubles.
• The down payment must be at least thirty percent ofcar cost.
• The term for consideration of an application for a loan is no more than three business days from the date of submission of all required documents to a credit institution.
• Commission for the transfer to pay 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:

1. Filling out an application for a loan at a bank branch or on its website.
2. Receive a message about the decision of the credit institution within three working days from the date of submission of the full package of required documents.
3. Choosing a car to buy in any car dealership. Registration of a sales contract between a client and a car dealership.
4. Transfer of the down payment for the purchase of a car from the borrower's own funds.
5. Signing a loan agreement with a bank. According to customer reviews, the Avangard Bank requires the obligatory presence of the spouse or spouse of the borrower when signing the loan agreement.
6. Getting a loan. Payment for the selected vehicle.

The advantages of the Visa Auto card are the following points:

• Free card issue.
• Setting a credit limit for each client on an individual basis.
• Grace period for crediting up to fifty days.
• Alerts via messages to the phone and Internet banking are provided to customers free of charge.
• The possibility of receiving bonuses from the bank in the formreturn to the card of one percent of the amount of purchases made.
• Annual gift from the bank in the form of crediting 250 rubles to the client's card.
• Providing a 25 percent discount on goods and services under the credit institution's discount program.
• Additional bonuses and discounts under the "Visa Bonus" program.

Cards with a credit limit

Credit cards of Avangard Bank, according to consumers, allow you to use the credit limit at any time. The loan terms are as follows:

• The first grace period is two hundred days and is free of charge.
• Further grace periods of credit are up to fifty days free of charge.
• Credit card processing takes five business days.
• Alerts via messages to the phone and Internet banking are 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 complex settlement and cash services for its corporate clients. The bulk of Avangard Bank's client base is made up of small and medium-sized businesses, as well as individual entrepreneurs. There are also large holdings, especially those of the agro-industrial sector, which use the settlement and cash services of a credit institution. The bank provides an opportunitylarge organizations in real time to receive full reporting on all subsidiaries.

The main advantage of Avangard's real-time services is that all possible operations are transferred to the remote service system. This does not require employees of organizations to go to a credit institution and, accordingly, distract them from work in the office. Every day, the bank conducts more than fifty thousand payments through the virtual Internet network, made in all regions of the presence of a credit institution.

Bank "Avangard" takes care of each of its corporate clients, so it tries to open accounts for them 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 100,000 legal entities are currently on settlement and cash services at Avangard Bank. The main advantages of settlement and cash services in a credit institution are:

• Low bank service charges.
• Very convenient and affordable internet banking setup.
• Settlement and cash services are provided in three hundred bank offices.
• Convenient information through messages on the phone for IP.

Reviews about the bank "Avangard" characterize the credit institution as a first-class institution for mutually beneficial cooperation.

Application for opening a current account by a legal entity or business ownertakes place promptly in three stages on the bank's website:

1. Fill out an application on the official website of the institution.
2. Necessary documents are being uploaded.
3. The client comes to the bank office with original documents and opens an account.

Results

According to the feedback from employees, Avangard Bank is a dynamically developing credit institution. The strongest side of the bank is the widespread use of innovative banking technologies in the activities of the institution. The products developed by the bank's specialists are unique and inimitable. Judging by the reviews, Avangard Bank is constantly developing, expanding the list of services provided.