BANKS DODGY DEALS CAMPAIGNS
About BankTrack
Visit us
Organisation
Our team
Our board
Guiding principles
Team up with us
Jobs at BankTrack
Our annual reports
Funding and finances
History
BankTrack in the media
Our privacy policy
Donate
2023-03-17 00:00:00
Briefing: The role of financial institutions in decarbonising the steel sector
2023-03-09 00:00:00
Dutch bank ING supports controversial pipeline to import gas from authoritarian Azerbaijan
2023-02-23 00:00:00
Financial institutions need to address steelmaking’s coal addiction
2023-02-07 00:00:00
What COP15 means for banks: meeting the Global Biodiversity Framework requires protecting Indigenous rights and divesting from harmful industries
2023-03-28 13:43:00
French bank Société Générale withdraws from Rio Grande LNG
2023-03-20 08:50:41
Who dares to finance Eni and Exxon’s dangerous Rovuma gas plans in Mozambique?
2023-03-14 14:59:00
New ING policy could spark bank shift away from financing oil and gas infrastructure
2023-02-24 13:46:14
Pego power station conversion plans halted
Connect
2022-11-22 00:00:00
Banking on Thin Ice: Two years in the heat
2022-11-17 00:00:00
BankTrack Global Human Rights Benchmark 2022
2022-10-21 00:00:00
Burning forests in the name of clean energy? How banks are failing to exclude the harmful wood biomass industry from finance
2022-06-28 00:00:00
The East African Crude Oil Pipeline (EACOP): Finance Risk Update No. 3
2022-04-05 00:00:00
The BankTrack Human Rights Benchmark Asia
2022-03-30 00:00:00
Banking on Climate Chaos 2022
See all publications
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate
Banks and Human Rights
Banks and Nature
Banks and Pandemics
Our projects
Tracking the NZBA
Banks and Putin's war in Ukraine
Tracking the Equator Principles
Tracking the PRBs
Banks and steel
Find a Better Bank
Banks and the OECD Guidelines
Media
News Publications
Fossil Banks No Thanks StopEACOP Forests & Finance Banks & Biodiversity Drop JBS Bank of Coal Don't Buy into Occupation
BankTrack
About BankTrack Visit us Organisation Our team Our board Guiding principles Team up with us Jobs at BankTrack Our annual reports Funding and finances History BankTrack in the media Our privacy policy Donate
Successes Contact BankTrack
Donate Mailing list Facebook Twitter Login
Home › Banks ›
Bank
Otkritie BankRussian Federation

On record

This profile is no longer actively maintained, with the information now possibly out of date
Last update: 2016-10-31 17:15:11
Contact:

Ryan Brightwell, BankTrack​humanrights@banktrack.org

On record

This profile is no longer actively maintained, with the information now possibly out of date
Last update: 2016-10-31 17:15:11
Contact:

Ryan Brightwell, BankTrack​humanrights@banktrack.org

About
Website http://www.openbank.ru
Headquarters
2/4 Letnikovskaya St.
115114 Moscow
Russian Federation
CEO/chair Ruben Aganbegy
CEO
Supervisor
Bank of Russia
Ownership
listed on MICEX

Otkritie Financial Corporation is the major shareholder of Otkritie bank with 61.50% of shares, the remaning shares are publicly traded on the Moscow Exchange (source) The following individuals and entities were shareholders in Otkritie at various times:Boris Mints (2004-2013), the Deposit Insurance Agency (2008 - 2013) VTB (2009 - 2013), the International Finance Corporation (IFC) (2011-2013) and Anatoly Chubais(2011-2013).

 

 

 

Otkritie Bank is a full-service commercial bank that provides traditional banking services and investment, retirement and insurance products. It was formed in 2010 when four banks merged under the Otkritie brand. It is among the top 30 Russian banks according to its assets. Otkritie was the first Russian bank to adopt the Equator Principles in April 2013. The current form of the bank is a result of the merger of Otkritie and NOMOS-Bank in 2013. It was renamed to Otkritie Financial Corporation Bank in 2014. 

Otkritie FC Bank is 61.50% owned by Otkritie Financial Corporation. The consolidated organization ranks among the top 6 financial organizations in Russia, with estimated total assets of RUB 1.2 trillion.

In April 2013 Otkritie became the first Russian bank to sign up to the Equator Principles, however they are no longer listed as an Equator Principles Financial Institution. 

Sustainability
Policies
Voluntary standards

Otkritie does not have any publicly available investment policies. 

Otkritie Bank has committed itself to the following voluntary standards:
2006 European directive on the management of waste from extractive industries Tags: oil and gas | mining and processing | waste management
Dodgy Deals

Otkritie Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Otkritie Bank's link to these deals.

News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

NGOs reveal top international companies, banks, and investors that fuel Russia's war machine

2022-04-04 | Berlin | urgewald, Ecodefense
BankTrack news BankTrack blog Partner news Partner blog

Russia's Arctic LNG 2 agrees loans worth 9.5 billion euros

Russian gas producer Novatek said its Arctic LNG 2 plant has signed loan agreements with foreign and Russian banks worth 9.5 billion euros ($10.8 billion), securing necessary external financing for the project.
2021-11-30 | Moscow | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Otkritie Bank Becomes the First Bank in Russia to Adopt the Equator Principles

2013-04-15 | Russia | Equator Principles
Resources
Documents
2015-04-08 00:00:00

Annual Report 2013

Annual report
2015-04-08 00:00:00 | Otkritie Financial Corporation
2012-12-31 00:00:00

Bank Otkritie 2012 Annual Report (Russian)

Annual report
2012-12-31 00:00:00 | Bank Otkritie
2012-12-31 00:00:00

Otkritie Finance Corporation Annual Report 2012 (Russian)

Annual report
2012-12-31 00:00:00 | Bank Otkritie
Accountability

This page evaluates Otkritie Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 200

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 200
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 318
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once


Average

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 209

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 209
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 318
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN%
NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 217

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 217
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 318
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 220

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 220
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 318
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 223

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 223
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 318
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN
Send feedback on this profile
Sections
Banks Policies Dodgy Deals Campaigns
Our campaigns
Banks and Climate Banks and Human Rights Banks and Nature Banks and Pandemics
Our projects
Tracking the NZBA Banks and Putin's war in Ukraine Tracking the Equator Principles Tracking the PRBs Banks and steel Find a Better Bank Banks and the OECD Guidelines
Media
News Publications
Fossil Banks No Thanks StopEACOP Forests & Finance Banks & Biodiversity Drop JBS Bank of Coal Don't Buy into Occupation
BankTrack
About BankTrack Visit us Organisation Our team Our board Guiding principles Team up with us Jobs at BankTrack Our annual reports Funding and finances History BankTrack in the media Our privacy policy Donate
Successes Contact BankTrack
Vismarkt 15
6511 VJ Nijmegen
The Netherlands
Tel: +31 24 324 9220
Contact@banktrack.org
Donate Mailing list Facebook Twitter
©2022 BankTrack
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted