Otkritie 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 Bank has a diversified business structure with a focus on corporate, investment, retail, SME and private banking. Otkritie Bank is a part of financial group Otkritie, which 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, Non-State Pension Fund of the Electric Power Industry and Rosgosstrakh Non-State Pension Fund (pension asset management), and Otkritie Broker (brokerage services).
As of 2017 year-end, Otkritie Banking group served a client base of over 200,000 legal entities and approximately 2.7 million individual customers, including high net worth clients. The Group had more than 500 branch offices spread across 67 regions of Russia. 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.
The Bank has credit ratings assigned by Moody’s Investors Service at the level of B1 and the Russian rating agency ACRA at the level of A+(RU).
The principal shareholder of Otkritie Bank is the Bank of Russia with more than 99.99% of the share capital.
Currently, the key measures of the Bank’s financial rehabilitation have been completed: the Bank has been recapitalised, new Supervisory Board and Executive Bodies have been elected. The Bank operates its business under the terms and conditions which are common for other market participants.