Gazprombank (Transnistria)
Encyclopedia
Gazprombank is a large Transnistria
Transnistria
Transnistria is a breakaway territory located mostly on a strip of land between the Dniester River and the eastern Moldovan border to Ukraine...

n bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

 with headquarters in Tiraspol
Tiraspol
Tiraspol is the second largest city in Moldova and is the capital and administrative centre of the unrecognized Pridnestrovian Moldavian Republic . The city is located on the eastern bank of the Dniester River...

. It was established in 1993 with a capital of US$ 5.5 million. It is claimed to be a subsidiary of Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

's Gazprombank
Gazprombank
Gazprombank is the largest Russian non-state owned bank, which is among the three largest banks in Russia. It is a joint stock bank founded in 1990. The bank is owned by the Russian gas company Gazprom, which controls 62.59% of shares directly and also retains shares through its subsidiaries...

 , although Gazprombank has not confirmed the ownership officially.

It has approximately 500 corporate clients in Transnistria, among them Tiraspoltransgas
Tiraspoltransgas
Tiraspoltransgas-Pridnestrovie is the leading gas supplier in Transnistria, with headquarters in Tiraspol. It was established in 1993.The majority shares of Tiraspoltransgas is probably controlled by Russia's Gazprom, although Gazprom has not confirmed the ownership officially.Tiraspoltransgas...

. In addition to its corporate clients, the bank is also a retail bank, offering mortgages and credit cards through branches in Transnistria's major cities.

The bank works with five corresponding banks abroad. It is also a Transnistrian partner of a number of international payment systems: Western Union
Western Union
The Western Union Company is a financial services and communications company based in the United States. Its North American headquarters is in Englewood, Colorado. Up until 2006, Western Union was the best-known U.S...

, MIGOM, Anelik, Fast Mail, Contact and Leader for money transfers.
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