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Metcombank

N/A

Founded in

1990 (36 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Company Information

Get to know Metcombank

Company Information

Get to know Metcombank

Founded in 1990, Metcombank (Metallurgical Commercial Bank) was a significant universal bank in Russia, headquartered in Cherepovets. It provided a full spectrum of banking services to both corporate and retail clients, with a traditional focus on serving enterprises in the metallurgical industry. Over its 25+ years of operation, it grew to be one of the top 100 banks in Russia by assets. In 2016, Metcombank was acquired by PAO Sovcombank, and the operational and legal merger was completed, resulting in the Metcombank brand being retired and its business, clients, and branches being fully absorbed into the Sovcombank network.

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