Precious Metals

Dear customers, 

in connection with the entry into force on June 1, 2018 of Federal Law No. 212-FZ On Amendments to Parts One and Two of the Civil Code of the Russian Federation and Certain Legislative Acts of the Russian Federation dated July 26, 2017, new impersonal bullion accounts (term and demand accounts) can no longer be opened at Bank GPB (JSC) starting from June 1, 2018. Transactions on previously opened accounts will be executed in accordance with the respective agreements and current Russian law. In the near future, Bank GPB (JSC) will offer its customers new products designed to perform transactions with precious metals, including opening and maintaining accounts and deposits in precious metals.

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Bank GPB (JSC) is one of Russia’s leading banks on the bullion market.

Gazprombank holds all the documents and licenses required to engage in all types of precious metal trading operations permitted by the laws of the Russian Federation. 

The Bank offers its customers a full range of precious metal trading services:

• Buying precious metals online at prices pegged to the London Bullion Market from  mining and processing companies; 
• Selling gold, silver, platinum and palladium bullion to individuals and legal entities; 
• Providing commission services related to foreign trade bullion sales transactions on international markets; 
• Opening and maintaining impersonal bullion accounts in gold, silver, platinum and palladium for legal entities and individuals; 
• Financing working capital and investments of companies that operate in the precious metals mining and processing industry; 
• Extending bullion loans with physical delivery to the vault of Bank GPB (JSC). 

Bank GPB (JSC) has extensive experience in bullion market transactions both at home and abroad. The Bank’s experts can provide qualified assistance to customers of all categories in preparing and closing bullion transactions.

Contact information:

Call us for consultations at: +7 (495) 980-4173
FAX: +7 (495) 719-1574