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Vladimir Vinogradov died
His colleagues note that Inkombank - the largest Russian non-state retail bank of the 90s - was, if not the only, then the main brainchild of Vinogradov. They say that until the end of his life, the banker suffered from the collapse of Inkombank during the financial crisis of 1998, after which he was unable to recover from this loss, either morally or physically. After Sberbank, this bank was the leader in the country in the number of private depositors, and when, succumbing to mass panic, they rushed to withdraw their deposits, the bank, which did not have government support, was essentially doomed. True, in subsequent years, during the bankruptcy process, which ended only a few years ago, Inkombank gradually paid off its depositors - individuals, but was itself liquidated as a legal entity.
President of the Association of Russian Banks Garegin Tosunyan yesterday called Vladimir Vinogradov “one of the pioneers” of the Russian banking system. Mr. Vinogradov was the founder of the Moscow Banking Union and vice-president of the ARB. In the modern banking sector of Russia there is still not a single non-state credit institution comparable in scale and role to Inkombank, which it had in the last decade. Among a group of the country's leading businessmen, Mr. Vinogradov was a mandatory participant in meetings with then-President Boris Yeltsin. Difficult in character, Vladimir Vinogradov did not hide his critical views on some aspects of the ongoing economic reforms. In particular, he was one of the harsh critics of the famous “shares-for-shares auctions” of the 90s.
Farewell to Vladimir Vinogradov will take place in the Great Church of the Vagankovsky Cemetery in Moscow on Tuesday, July 1, at 11.00.