About the Bank
Otkritie Bank is a full-service commercial bank benefiting from a diversified business structure. It is recognized by the CBR as a systemically important financial institution.
regions of Russia
combined ATM network of Otkritie Bank and its partners
Otkritie bank is one of top 10 major banks in Russia and a systemically important credit institution, which offers a full range of cutting-edge financial services to its corporate, retail, SMEs and Private banking clients.
The single shareholder of Otkritie bank is the Central Bank of the Russian Federation with 100% interest in the share capital.
Otkritie bank operates through 497 offices in 224 cities located in 73 regions of the Russian Federation.
Solid financial stability of the bank is proved by credit ratings assigned by domestic agencies ACRA (АА(RU)), RAEX (ruAA) and NCR (AA+.ru), as well as international rating agencies Fitch Ratings (BB+) and Moody’s (Ba2).
Today, Otkritie is a large-scale financial group with a great potential for the further business growth. The companies of the group hold leading positions in the Russian financial market, such as Rosgosstrakh and Rosgosstrakh Life insurance companies, Otkritie Non-State Pension Fund, Otkritie Asset Management Company, Otkritie Broker, Baltic Leasing, Customs Payment System, and Tochka — bank for entrepreneurs and enterprises.
History of the bank
June. International rating agency Fitch Ratings CIS Ltd assigned Otkritie bank long-term Issuer Default Ratings (IDRs) in local and foreign currency of BB+ with stable outlook.
May. Russian rating agency “Expert RA” upgraded Otkritie bank’s credit rating by 1 notch to ruAA.
December. Russian agency ACRA (Analytical Credit Rating Agency) upgraded Otkritie bank’s credit rating by 1 notch to AA(RU).
June. Russian agency NCR (Nacional Credit Ratings) assigned Otkritie bank an AA+.ru credit rating.
July. The Central Bank of the Russian Federation announced the completion of financial rehabilitation procedures of Otkritie Bank.
May. ACRA Russian rating agency upgraded Bank Otkritie’s credit rating to AA-(RU).
April. Expert RA Russian rating agency upgraded Bank Otkritie’s credit rating by 2 notches up to ruAA-.
March. Otkritie Bank consolidated 96.79% shares of Customs Payment System.
February. Moody’s international rating agency upgraded Otkritie Bank’s rating by 2 notches to Ba2.
January. On January 1, 2019 Otkritie Financial Group completed the legal procedure of B&N Bank PJSC and B&N Bank Digital JSC merger with Bank Otkritie Financial Corporation. The new reliable and modern bank with the potential to become a leader in the Russian banking sector appeared in the market.
December. Otkritie Group gained a 100% control in Baltic Leasing JSC and Ergo Life.
November. Otkritie Bank transferred non-core assets in the amount of RUB 438 billion to National Bank TRUST and returned deposits issued by the Bank of Russia for the purpose of its financial rehabilitation.
October. Otkritie Group completed insurance assets consolidation by means of the merger of Kapital Insurance OJSC, Kapital Re-Insurance CJSC and KS-Holding CJSC.
September. Otkritie Bank completed the formation of the full-service Corporate and Investment Business segment. The Bank received control over Otkritie Management Company, which became the part of the Corporate and Investment Business segement.
August. Non-state pension funds of Otkritie Group were consolidated. Non-State Pension Fund of the Electric Power Industry and Non State Pension Fund RGS merged with Non-state pension fund LUKOIL-GARANT. Since December 2018 the consolidated fund has been operating under Non-State Pension Fund Otkritie brand name.
May. The Supervisory Board of the Bank approved the development strategy till 2020 year-end.
December. The Central Bank of the Russian Federation, which since August 2017 has been implementing a number of measures to improve the financial stability of Otkritie Bank, becomes Otkritie Bank’s key shareholder with a 99.9% stake.
February. Otkritie Bank is one of the first Russian banks to adopt blockchain technology in order to ensure maximum transparency and security of its operations, while also reducing costs and the risk of document forgery. Together with the Bank of Russia, Otkritie participated in the execution of the first Masterchain transactions.
March. Otkritie Bank is the first in Russia to introduce a personal identification system both at its branch offices and in its mobile banking application. Remote biometrics-based identification technologies make it possible for clients to use the mobile application to authenticate their identities and access financial services without having to visit a branch office.
August. Otkritie Group completes the merger of Khanty-Mansiysk Otkritie Bank into Otkritie FC Bank.
April. Otkritie FC Bank group reports a 12.4% increase in net profit for 2015 to 6.6 billion roubles.
March. Dmitry Romaev chairs the Supervisory Board of Otkritie Bank; Evgeny Dankevich is appointed Chairman of the Management Board.
December. Otkritie FC Bank obtains a USD 185 million syndicated loan from a pool of international investors becoming the only Russian bank to raise such financing in 2015.
October. The Russian Central Bank lists Otkritie FC Bank among national systematically important credit institutions.
June. Otkritie Group finalises Petrocommerce integration through its merger into Otkritie FC Bank.
December. The Bank of Russia and the Russian Deposit Insurance Agency select Otkritie FC Bank and Otkritie Holding to co-finance the financial rehabilitation of Trust Bank.
November. Otkritie Group completes its retail business reorganisation. Otkritie Bank and Novosibirsk Municipal Bank are merged into the Bank of Khanty-Mansiysk and the resulting bank is named Khanty-Mansiysk Otkritie Bank.
September. Otkritie FC Bank completes its delisting from the London Stock Exchange.
June. Cristiano Ronaldo becomes the face of Otkritie Group World Cup advertising campaign. As part of Otkritie rebranding, NOMOS BANK is renamed and becomes Otkritie FC Bank. As part of Otkritie rebranding, NOMOS BANK is renamed and becomes Otkritie FC Bank.
April. Standard & Poor’s for the first time ever rates NOMOS BANK assigning it BB- long-term credit rating.
October. Otkritie FC Bank completes a successful SPO on the Moscow Exchange adding RUB 19.08 billion to its equity.
September. Otkritie Holding (the parent company of Otkritie Group, known as Otkritie Financial Corporation until June 2014) consolidates a controlling stake in Otkritie FC Bank.
April. Otkritie FC Bank completes the first stage of Otkritie banking consolidation by integrating its subsidiary banks in Novosibirsk and Khabarovsk.
Otkritie announces its acquisition of Otkritie FC Bank as part of its effort to build the largest private financial group.
NOMOS BANK becomes the first Russian private bank to successfully complete an IPO on the London Stock Exchange (LSE) and the Moscow Exchange.
Otkritie FC Bank becomes a controlling shareholder in the Khanty-Mansiysk Banking Group (which includes, in addition to the Bank of Khanty-Mansiysk, Novosibirsk Municipal Bank), one of the major national players and the market leader in Western Siberia.
Otkritie starts developing its banking business: the Group acquires a 100% interest in Russian Development Bank (Russkiy Bank Razvitiya) and rebrands it as Otkritie Bank. Otkritie becomes a shareholder in Petrovsky Bank (Saint Petersburg) and Sverdlovsky Gubernsky Bank (Yekaterinburg) as part of their financial recovery effort and eventually consolidates them.
Otkritie establishes a company in London to become a leader by volume of trade in Russian securities.
Otkritie FC Bank acquires a controlling stake in Regionbank, a leading bank in the Russian Far East.
Otkritie commences its expansion in the financial market. The Company starts to grow as a full-service financial group which, in addition to brokerage, also includes banking, insurance, and asset management arms.
Fitch and Moody’s for the first time rate Otkritie FC Bank at B and B1, respectively.
Vadim Belyaev founds Otkritie, a retail brokerage operating on the Moscow exchange.