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Top Russian Banks 2011

Top Banks in Russia, ranked by total assets.
Sberbank is the largest bank of Russia (as of December 31, 2011).

* Changes compared to December 31, 2010 (RUB).
Rank Bank Total Assets
US$ billion
Total Assets
RUB billion
Change *
1 Sberbank 335.02 10,777
21.25%
2 VTB 127.33 4,096
49.95%
3 Gazprombank 75.54 2,430
34.14%
4 Russian Agricultural Bank 45.20 1,454
35.98%
5 Bank of Moscow 41.47 1,334
44.53%
6 VTB24 37.37 1,202
30.24%
7 Alfa Bank 29.91 962
13.08%
8 UniCredit Bank Russia 27.42 882
29.95%
9 Rosbank 19.80 637
36.94%
10 Raiffeisenbank Russia 18.19 585
15.85%
11 Promsvyazbank 17.72 570
16.23%
12 TransCreditBank 15.76 507
34.08%
13 Nomos Bank 14.64 471
25.48%
14 Uralsib 13.71 441
3.08%
15 MDM Bank 11.41 367
7.38%
16 Bank Saint Petersburg 9.98 321
13.83%
17 Bank Rossiya 9.51 306
17.30%
18 Nordea Bank Russia 8.58 276
43.55%
19 AK BARS Bank 8.46 272
17.77%
20 Citibank Russia 8.39 270
10.63%
21 Credit Bank of Moscow 7.52 242
55.87%
22 Sviaz-Bank 7.06 227
25.88%
23 Bank ZENIT 6.40 206
29.47%
24 Bank of Khanty-Mansiysk 6.31 203
21.29%
25 Bank Petrocommerc 6.22 200
11.00%
26 Russian Standard Bank 5.97 192
30.67%
27 Vozrozhdenie Bank 5.84 188
9.62%
28 ING Bank (Eurasia) 5.38 173
47.46%
29 Globex Bank 5.35 172
54.91%
30 National Bank TRUST 5.32 171
22.89%

As on December 31, 2011: 1 USD = 32.1682 RUB

Financial News

 China Overtakes the USA as the World’s Largest ATM Market - 04.04.2014
Chinese Financial News, an authoritative media of financial industry in China, released the report of Chinese ATM Market Overview 2013.
Source: GRG Banking Equipment
 The Global Islamic Microfinance Forum Ready to Set New Standards - 16.09.2013
The Forum will determine the Standards and strategic policies for Sustainable Islamic Microfinance Development.
Source: AlHuda Centre of Islamic Banking and Economics
 New Chairman for Mediterranean Bank Network (MBN) - 17.05.2013
Mr. Hassan El Basri has been elected as chairman of the Mediterranean Bank Network (MBN).
Source: Mediterranean Bank Network
 Islamic banking assets to surpass $1.8 trillion globally in 2013 - 05.02.2013
Global Islamic banking assets are forecast to cross $1.8 trillion in 2013 up from $1.3 trillion in 2011, Ernst & Young said in its World Islamic Banking Competitiveness Report 2013.
Source: zawya.com
 No more queues in front of ATMs - 23.01.2013
Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
 Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013
Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities.
Source: BBC
 Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012
Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one.
Source: Reuters

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