Best Banks in Russia

Alfa-Bank, Bank of Moscow, MDM Bank, VTB24, and ZAO Raiffeisenbank are the best banks in Russia:

Alfa-Bank has been recognized as the Best Bank in Russia in 2007 by Euromoney magazine. The Bank has set up many branches in Russia and the CIS, and has subsidiaries in Kazakhstan, the Netherlands, and the US. The Bank offers a full range of corporate, retail and investment banking services, asset management and trade finance.

The Bank of Moscow is one of the top universal commercial banks in the Russian Federation in terms of assets and capital and in terms of the volume of funds drawn from the population. Euromoney magazine named it Best Bank in Russia in 2000. The Bank of Moscow's Processing Center is certified by Visa International and MasterCard.

MDM Bank was founded in 1990 and is one of the largest banks in Russia. It has been awarded the title of 'Best Bank in Russia' by Euromoney magazine. In addition, the Bank was named 'Best Bank' and 'Best Investment Bank' in Russia and the CIS by Emerging Markets magazine.

VTB24 is one of the major players on the Russian banking services market. It has been named Best Bank in Russia according to Business New Europe.

ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG, and has been operating in Russia since 1996. It offers a comprehensive range of services to retail and corporate customers, both resident and non-resident, in roubles and foreign currencies. The Bank has won numerous awards and distinctions, some of which include:
- "Best Bank in Russia", Euromoney (2001)
- "Best FOREX Dealer in Russia", Moscow Interbank Currency Association.
- "Best Project Finance House", Global Finance
- Best Internet Bank in Russia, Global Finance magazine (2009)
- Best Restructuring Agent on the Russian Corporate Bond Market, Cbonds Award (2009)

* Next: Investment Banks in Russia