Top Largest Banks in Russia

Following are the top largest banks of Russia:

International Industrial Bank (IIB)
- It was established in 1992. IIB is constantly ranked among the Top 5 largest Russian banks in terms of main financial ratios, demonstrating steady dynamic development.
- IIB has been ranked 369th in the Top 1000 World Banks published by The Banker, a creditable British magazine (No. 4 among Russian banks).
- It is a full member of the international card payment associations VISA International and MasterCard International, as well as of a number of international and domestic financial organizations.

OTP Bank in Russia
- As of 1 April 2010 the assets of OTP Bank (Russia) equaled to over RUR 96 bln, while the equity capital amounted to RUR 12 bln, it is one of the Top 50 largest Russian banks.
- OTP Bank was one of the first Russian credit institutions to begin a purposeful development of the retail business.

Alfa-Bank Russia
- It is one of the largest privately owned banks in Russia and a member of Alfa Group Consortium.
- Alfa-Bank has many branches in Russia and the CIS, and subsidiaries in Kazakhstan, the Netherlands, and the United States.
- Alfa Banking Group has maintained its position as the top Russian private bank by total assets, total equity and customer accounts. In the first half of 2010 Alfa Banking Group continued its development as a universal bank with the following core business lines: corporate and investment banking including SME, trade finance and leasing, retail banking (including branch banking, auto and mortgage lending).

Sberbank
- It is the largest credit institution in Russia and CIS, accounting for 27% of the aggregate Russian banking assets and 26% of banking capital. According to The Banker magazine, Sberbank was ranked 43rd in the world in terms of Tier 1 capital as of 1 July 2010.
- Sberbank’s strong business reputation is confirmed by its international ratings of: “BBB” long term issuer default rating from Fitch Ratings and a long term foreign currency deposit rating of “Baa1” from Moody’s Investors Service.

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