The Bank moves to a new building in 2010

On 18th September Bank "Saint Petersburg" and OOO "Settle City" obtained a permit to design and build a business center on Malaya Okhta. The decision made by the Government of Saint Petersburg has started the construction of a public and business center of the grade "A" with the total area 150 000 sq. m. on the Neva River embankment. Its dominant will be a 97-meter head office of the Bank (40 000 sq. m.), whose design has already been approved by the City Planning Board. The investment value of the project is near US$430 million. The first stage – the Bank’s office and 40 000 sq. m. of the commercial premises – will be completed by 2010, while the second by 2012.