Otkritie Bank

 

Otkritie Bank is one of Russia’s top 10 major banks and is a systemically important institution. We have been active in the financial market since 1993.

Otkritie is a full-service bank with a sustainable, diversified business structure and a focus on corporate, investment, retail, SME and private banking.

Today, Otkritie is a fully diversified financial group with a great potential for further business growth. The group includes Trust Bank and Rosgosstrakh Bank, as well as companies holding leading positions in key segments of the financial market: Rosgosstrakh (insurance); LUKOIL-Garant Non-State Pension Fund, Non-State Pension Fund of the Electric Power Industry and Rosgosstrakh Non-State Pension Fund (pension funds); and Otkritie Broker (brokerage services).

The critical stages of Otkritie Bank’s financial rehabilitation have now been completed: the Bank has been recapitalised and management teams have been put in place. As a result, we may now develop as an independent financial institution. The Bank operates on the same terms as all other market participants.

As at 1 March, Otkritie Bank had equity capital of RUB 201 billion and total assets of RUB 1.6 trillion (both figures under RAS). Today, the Bank has a solid capital reserve and is Russia’s sixth largest bank by assets.

Otkritie Bank serves a client base of over 190,000 corporations and more than 2.7 million individual customers, including high net worth clients. We have more than 440 branch offices in a variety of formats spread across 61 economically important regions of Russia. The Bank’s business is primarily concentrated in Moscow, St. Petersburg, the Tyumen Region (including the Khanty-Mansi Autonomous District), Yekaterinburg, and the Novosibirsk, Khabarovsk and Volgograd Regions.