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Created before Nov 2016
Last update: 2016-10-31 17:15:11
Ryan Brightwell, BankTrack
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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.
2/4 Letnikovskaya St.
Ruben Aganbegy |
|Annual report||Annual Report 2013|
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).
Voluntary initiativesOtkritie Bank has committed itself to the following voluntary standards:
Otkritie does not have any publicly available investment policies.