Ebank. Chichvarkin wants to open a "dull" Bank Bashny.Net

As it became known to Kommersant, Russia's largest mobile retailer "Euroset" is going to enter the market of banking services. Having bought the bank and renamed it Ebank, the company plans to start issuing consumer loans, transfer funds and to offer mediation between the client and the other banks. According to experts, the bank will enable affiliated retailer saves 1, 5-2% of turnover, that "Euroset" spent on bank charges.
Kommersant has learned, the largest mobile retailer is negotiating to buy the bank. This information Kommersant confirmed the managing partner of "Euroset" Chichvarkin. "Now, all banks are boring, with inconspicuous logos, - explained the motive of the planned acquisition, Mr. Chichvarkin.- We decided to remedy this situation and to open Ebank. In addition, it seems to me unfair that Oleg Tinkoff Bank have, and I have (in the past year and restaurateur brewer Oleg Tinkoff Moscow acquired Himmashbank then renamed it 'Tinkoff Credit Systems' .- b b >). " More details about the plans for the banking business, Mr. Chichvarkin did not tell.

«Now all banks are boring, with inconspicuous logos, - explained the motive of the planned acquisition of Eugene Chichvarkin.- We decided to remedy this situation and to open Ebank» i>
According to Kommersant's information, the owners of "Euroset" are willing to spend on the purchase of a ready bank about $ 2-3 million. The main requirements for the bank that is going to get "Euroset" is the possession of a license to work with individuals and its entry in the mandatory deposit insurance system. With this acquisition, the retailer plans to begin issuing consumer loans, transfer funds, and to provide mediation services between the client and the other banks. This means that by paying a percentage of commission, the client may be on a fast track scheme to open an account at another bank.
"Euroset" - Russia's largest seller of mobile phones, occupied market share - 41, 7%). Now the network has more than 5,100 stores in the cities of Russia in 1200 (3670 stores), Belarus, Moldova, Kazakhstan, Kyrgyzstan, Uzbekistan, Ukraine, Azerbaijan, Armenia, Latvia, Estonia and Lithuania. The turnover in 2006 - $ 4, 6 billion, the proceeds - $ 3 billion, EBITDA - $ 116 million, net profit - $ 22 million. At the 100% owned by the Dutch Euroset Holding, owned by Evgeny Chichvarkin and Timur Artemyev. Monthly salons companies visited 45 million people.
According to Kommersant, "Euroset" is going to allocate for consumer crediting of physical persons $ 20-30 million. Taking into account that now the average effective rate in the consumer finance sector is 30-40%, the income of "Euroset" in monetary terms will be about $ 6-9 million in year. But in order to start making money, "Euroset" will have to invest on the order more. "Only to develop a scoring system (the system checks the solvency of the borrower) will require tens of millions of dollars, - says the managing director of the unit" Retail Business "Bank of Moscow Alexander Sherstyukov.- If you now to buy goods on credit in" Euroset "is only required to provide a passport, when consumer lending they will organize a tougher test of solvency of the borrower. " "In the existing offices of Euroset small issue really only express loans - said a board member of Raiffeisenbank Roman Vorobev.- At the same time, is now the major players are moving to less risky types of lending, such as credit cards."
However, these investments "Euroset" will be able to compensate for the lack of bank fees for payments. According to the analyst FC "Uralsib" Anton Tabah, the idea to buy a bank "Euroset" quite reasonable "is profitable for them to make financial transactions on their own. Still, those 1, 5-2, 0% of their turnover, which Euroset spends now banking costs amount to significant sums. " Based on last year's turnover of $ 4, 6 billion of the savings will be about $ 60 million.

INNA Z-Erokhin, Julia b-Chaikin



via kommersant.ru