The story
During the 1920s and 1930s, Soviet and numerous foreign sources referred to this bank as the Aero Bank (Russian: «Аеробанк») or Airbank in Paris (Russian: «Эйробанк» в Париже) and not the Aero-Bank SA which was a branch of the German bank Aerobank, which was known as the Bank der Deutschen Luftfahrt AG (BDL), and established in Paris by Nazi Germany during its occupation.
The Soviet Union used the bank to manage Spain's gold reserves during the Spanish Civil War.
After the fall of the Soviet Union, many persons involved with BCEN-Eurobank became leaders in Russian economy, banking, and finance.
The 1993 established Moscow bank "Evrofinance" was a subsidiary of Eurobank.
During the 1990s, BCEN – Eurobank was involved in the looting of Russia.
In 2005, Russia's Vneshtorgbank became the major shareholder. Later, Vneshtorgbank changed its name to VTB Bank, and BCEN-EUROBANK name was changed to VTB Bank (France) SA.
From Wikipedia’s article on Banque Commerciale pour l'Europe du Nord – Eurobank, shared under CC BY-SA 4.0.3
