Otkritie FC Bank is one of Russia’s top 10 major banks. Active in the financial market since 1993, Otkritie is a systemically important credit institution.
Otkritie FC Bank has a diversified business structure with a focus on corporate, investment, retail, SME and private banking.
which 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 asset management); and Otkritie Broker (brokerage services).
Otkritie Bank serves a client base of over 270,000 corporations and approximately 3.6 million individual customers, including high net worth clients. The Bank has 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.
The Bank has received credit ratings from S&P Global (B+), Moody’s Investors Service (B2) and the Russian national rating agency ACRA (BBB-(RU)).
The principal shareholder in Otkritie Bank is the Bank of Russia. In December 2017, as a result of a capital injection into Otkritie FC Bank, the Bank of Russia acquired 99.99% of Otkritie Bank’s shares. The recapitalization was carried out in the context of several measures taken since late August 2017 to improve the financial stability of Otkritie Bank. The Bank of Russia guarantees the continued, ongoing operations of Otkritie Bank. Otkritie will continue to work as usual, meeting all of its obligations toward its clients and entering into new transactions.