Otkritie bank is a universal commercial bank with diversified business structure. The Bank develops the following key business areas: corporate, investment, retail, small business and Private Banking.
Otkritie bank is a parent company of a financial group, which combines Trust bank and Rosgosstrakh bank, as well as companies which hold leading positions in the key segments of the Russian financial market: Rosgosstrakh Insurance Company (insurance business), LUKoil-Garant Non-state Pension Fund, Elektroenergetiki Non-state Pension Fund, RGS Non-state Pension Fund (pension funds asset management) and Otkritie Broker (brokerage services).
The client base of Otkritie bank comprises more than 270,000 legal entities and about 3.6 million of individuals, including high net worth individuals. The Bank has more than 440 offices of different forms, which are located in 61 economically important regions of Russia. The large portion of business is accounted for Moscow, Saint Petersburg, Tyumen Region (including Khanty-Mansiysk Region), Yekaterinburg, Novosibirsk Region, Khabarovsk and Volgograd Regions.
Otkritie bank is rated by international rating agencies S&P Global (В+) and Moody’s Investors Service (B2), as well as by Russian Analytical Credit Rating Agency (ACRA) BBB-(RU).
The Central Bank of the Russian Federation (Bank of Russia) is a major shareholder of Otkritie bank. In December 2017, the Bank of Russia has acquired over 99.99% of Otkritie bank’s ordinary shares as part of the measures being implemented to improve the financial stability of Otkritie bank since the end of August 2017. The Bank of Russia guarantees a going concern of Otkritie bank that continues its operations in an ordinary course fulfilling its obligations owed to clients and carrying out transactions.