Vostochny Bank
Vostochny Bank is a Russian financial company based in Blagoveshchensk, Amur Oblast. It was established in 1991.
Vostochny Bank focuses on the Siberian and Far Eastern markets, and ranks among the 30 largest Russian banks by assets. The private equity firm Baring Vostok owns a stake in Vostochny.
In 2010 it purchased Consumer Bank, a Russian subsidiary of Banco Santander, and Morgan Stanley's City Mortgage Bank. In 2015 the bank reduced its workforce by half, laying off 4,000 employees. In 2016 it merged with Uniastrum Bank.
