PJSC Sovcombank — Russian fast growing universal bank with total assets of 1,9 trln rubles — #3
privately-owned bank in Russia by total assets . Sovcombank is designated a systemically important
credit institution by the Central Bank of Russia. With more than 2,600 offices, Sovcombank operates one
of the largest (#3) retail distribution networks in Russia. Bank has vast experience and expertise in
corporate and investment banking and long track-record of successful M&A deals on Russian financial
market. Also Bank is the issuer of «Halva» card that is the first installment card on Russian credit card
market with more than 9,5 mln cardholders and 250 000 accredited merchants in partnership network.
Credit ratings by national scale ACRA — «AA-», «stable», «RAEX» — «ruАA», «stable», «NCR» — «АА-»,
Dmitry Gusev - Chief Executive Officer, Chairman of Management Board, PJSC Sovcombank
PhosAgro Group is among the global leaders in the production of phosphate-based mineral fertilizers and high-grade phosphate rock.
Free of concentrations of cadmium and other toxic substances that are hazardous to human health and soils, PhosAgro’s high-performance fertilizers are used to grow environmentally friendly crops in some 100 countries around the world.
The Company’s strategic priority is the Russian market, where for many years it has been a leader in the supply of all types of fertilizers and has acted as a guarantor of national food security.
In 2022, the Company ramped up its support for social and charitable projects by nearly 150%, to a record RUB 12.9 billion. In addition, PhosAgro’s tax payments increased by 50%, to over RUB 59 billion.
Over the next five years, PhosAgro plans to invest more than RUB 250 billion, including nearly RUB 67 billion in 2023, an increase of 6% over last year’s record capex.
Mikhail Rybnikov - CEO, member of the Management Board, and member of the Board of Directors of PJSC PhosAgro