Founded in 1990, Sovcombank has grown to become one of Russia's largest private banks and is designated as a systemically important financial institution by the Central Bank of Russia. The bank operates a universal business model, providing a comprehensive suite of financial services including retail banking (loans, deposits, and its popular "Halva" installment card), corporate and investment banking, and insurance. The company's strategy focuses on combining a wide regional network with advanced digital technologies to serve millions of customers across the Russian Federation.