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Viking Bank
Viking Bank is a Russian regional bank with headquarters in Saint-Petersburg. Corporate Name - Commercial Bank "Viking" Closed Joint Stock Company. Viking Bank is a part of Russian Banking System; the Bank's work is governed by the applicable law of the Russian Federation, regulatory acts of the Central Bank of the Russian Federation, and the Charter. General Banking License No. 2 is issued by the State Bank of USSR on August 26, 1988. The Bank functions on the financial market as a universal credit institution, it offers banking services of all types to companies of various business legal structures and different branches of industry, and to people at large. ==History==
In August 1988 in USSR had begun the period when state banks of industry-specific branches were transformed into the commercial banks. During that period the first private commercial bank - Viking Bank - was established as an experiment (at the beginning the Bank's name was "Patent"). From that moment had commenced the era of formation of a new banking system in new Russia. At that time there was no law regulating banking activity and the first Charter of the bank was developed on the basis of the Cooperation Act. Viking Bank was given the General Banking License No.2 on August 26, 1988. License No.1 was given one day before to the Union Bank in Kazakhstan that went bankrupt. Consequently the Viking Bank is the First Commercial Bank on the territory of the post-Soviet Russia. The main strategy of the bank's development from the moment of its establishment was based on the work with the real sector of economy and on the principle of comprehensive approach and wholesale banking service.
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