Otkritie Bank

Otkritie Bank

Otkritie Bank
Official website:www.open.ru/en

Otkritie Bank is the largest Russian privately-owned bank ranking fourth among all Russian banking groups by assets.

Active in the market since 1993, Otkritie Bank is the largest Russian privately-owned bank ranking fourth among all Russian banking groups by assets.

As at 30 June 2016, IFRS-based assets of the Bank and its subsidiaries totalled RUB 3,087.6 billion while its equity was reported at RUB 217.8 billion.

Otkritie is a full-service commercial bank benefiting fr om a resilient diversified business structure and efficient equity management. The Bank focuses on corporate and investment banking, retail business, SMEs and private banking, with high-tech services being its top priority. Its Rocketbank and Tochka projects offer online-only banking services to individuals and business owners.

Otkritie Bank was formed through the merger of more than ten banks of various sizes, including such major nation-wide institutions as NOMOS-BANK, the Bank of Khanty-Mansiysk, and Petrocommerce Bank.

Otkritie Bank is one of the ten systemically important credit institutions according to the Russian Central Bank, and was named among the world’s major companies by Forbes Global 2000.

The Bank’s sound credit standing is recognised by S&P Global (ВВ-) and Moody’s Investors Service (Ba3).

The Bank’s client base comprises more than 30,000 corporations, 165,000 SMEs, and about 3.2 million individual customers (including high net worth clients). Its 470 offices with varying functionality spread across 53 Russian regions of economic importance. The Bank’s business is mostly concentrated in Moscow, Saint Petersburg, the Tyumen Region (including the Khanty-Mansi Autonomous District wh ere the Bank operates under the Bank of Khanty-Mansiysk brand which has won high recognition in the region over the years), Yekaterinburg, the Novosibirsk Region, the Khabarovsk Region, and the Volgograd Region.

Otkritie Bank’s major shareholder is Otkritie Holding with its 64.7% of voting shares. Otkritie Holding is beneficially owned by Vadim Belyaev, IFD Kapital Group, VTB Bank, ICT Holding, Ruben Aganbegyan, and Alexander Mamut. The Bank’s securities are publicly traded at the Moscow Exchange.

Dmitry Romaev chairs the Supervisory Board of Otkritie Bank; Evgeny Dankevich is the Chairman of the Management Board.

Otkritie Bank takes an active part in the implementation of various social projects by supporting sciences (Polytechnic Museum), education (Lomonosov Moscow State University, European University in Saint Petersburg), culture (support to the Maly Theatre and collaboration with Yuri Norshtein, author of The Hedgehog in the Fog cartoon), healthcare (VERA Hospice Charity Foundation), and sports (strategic partnership with Spartak Moscow Football Club, the Ugra Ski Marathon).

1According to the Interfax-CEA ranking based on the RAS financial statements for Q2 2016.