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.
Today, Otkritie is a large scale financial group with a great potential for further business growth. The group 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 (pension fund), and Otkritie Broker (brokerage services).
As at June 30, 2018, total assets of the Bank and its subsidiaries composed RUB 1,978.3 billion, equity capital comprised RUB 257.1 billion. Today, the Bank has a solid capital reserve and is Russia’s eighth1 largest bank by assets.
The number of ATM of Otkritie Bank is equal to 2,990 (additionally, ATM network of the subsidiary bank and the partner banks consists of 6,000 units) as at June 30, 2018.
Otkritie Bank has 364 offices, located in 55 constituent entities of the Russian Federation (taking into account the subsidiary bank and the partner banks – 69 regions and 930 offices).
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.
Solid financial stability of the Bank is proved by ratings assigned by Russian agencies ACRA («А+(RU)») and RAEX («ruA»), as well as international rating agency Moody’s («B1»).
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.
1 In accordance with RAEX banks ranking as at July 1, 2018