Otkritie Bank

 

Otkritie Bank is one of Russia’s top 10 major banks and is a systemically important institution. The Bank has 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 large scale financial group with a great potential for further business growth. The group includes Rosgosstrakh Bank, as well as companies holding leading positions in key segments of the financial market: Rosgosstrakh (insurance), LUKOIL-Garant Non-State Pension Fund (pension fund), 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, the Bank now develops as an independent financial institution. The Bank operates on the same terms as all other market participants.

As at June 30, 2018, total assets of the Bank and its subsidiaries composed RUB 1,978.3 billion, equity capital comprised RUB 257.1 billion. Today, the Bank has a solid capital reserve and is Russia’s eighth1 largest bank by assets.

The number of ATM of Otkritie Bank is equal to 2,990 (additionally, ATM network of the subsidiary bank and the partner banks consists of 6,000 units) as at June 30, 2018.

Otkritie Bank has more than 440 offices, located in 61 constituent entities of the Russian Federation (taking into account the subsidiary bank and the partner banks – 69 regions and 930 offices).

The banking business is primarily concentrated in Moscow Region, St. Petersburg and Leningrad Region, the Tyumen Region (including the Khanty-Mansi Autonomous District), Yekaterinburg, and the Novosibirsk, Khabarovsk and Krasnodar Regions.

1 In accordance with RAEX banks ranking as at July 1, 2018