Ustaev Alexey Yakubovich is a Russian banker and financier, president of Commercial Bank “Viking" Stock Company. Born on April 12, 1960. Since 1984 worked in Lenhydroenergospetstroy, took part in the construction of complex of structures to protect the city from floods. In 1987 commenced engagement in business activities, became director general of the Soviet-Swedish enterprise "Viking" and chairman of the cooperative "Vera". In 1988 founded the First Russian Commercial bank "Viking", of which he is the president. Education 1982 – Graduated from the Tashkent Polytechnic Institute , with qualification as "Civil engineer". 1994 – Graduated from the Interdepartmental Institute of Professional Development at St. Petersburg, University of Economics and Finance, chosen field Finance and Credit, with a major specialization in "banking". 2004-2007 – Applicant seeking degree as Candidate in Economic Sciences at St. Petersburg University of Economics and Finance. 2007 – Defense of thesis on "Monitoring of Clients as a System Element of Bank Crediting", assignment of the scientific degree of Doctor of Economics. Creation of the first Russian commercial bank In August 1988 the first private commercial bank of Russia – "Viking" - was created in St. Petersburg as an experiment. The bank was granted license No. 2 (the first license was obtained by a bank in Kazakhstan which went out of business in the 1990s). From this point on the era of formation of a banking system began in the New Russia Alexey Ustaev hired statesmen as Anatoly Kurkov (former head of a central board of the KGB and the Ministry of Internal Affairs in Leningrad), Valery Zaborov (the former assistant prosecutor in the Leningrad region), Nikolay Sergeyenko (the former deputy chief of city tax inspection), Leonid Perekrestov (major general of the Municipal Department of Internal Affairs of St. Petersburg), Victor Halansky (the founder of the modern banking system in St. Petersburg, from 1990 to 1996 the chief of the Main Department of the Central Bank of RSFSR in Leningrad and St. Petersburg) and other outstanding people. From the moment of creation of Viking Bank, Alexey Ustaev defined the main principles of activity as an active work within the real sector of the economy, complete refusal of risky operations and an individual approach to each client. Work with the industrial enterprises The main activity of Alexey Ustaev is the work within the sphere of investment financing of enterprises in the real sector of the economy. Inside Viking Bank,