Many Russians would be happy to keep their money in banks, but how do you know in which bank deposits will be most protected? And here will come to the rescue rating of Russian banks 2016 in terms of deposit reliability... It is compiled taking into account the reporting of Russian credit institutions (available on the Central Bank website).
All banks included in today's list are presented in the consolidated rating reliability of Russian banks in 2016 according to the Central Bank.
10. FC Otkritie
This credit institution, founded in 1993, is the parent bank of the Otkritie financial group, which has branches in 60 regions of the Russian Federation. At the end of June 2015, the group's client base numbered about 3.6 million individuals, 44,500 corporate customers and 117,135 small business customers.
9. "Promsvyazbank"
The rating of banks by deposits is continued by an organization that is included in the top 500 largest banks in the world. Its auditor is PricewaterhouseCoopers, one of the largest audit firms in the world. After the January holidays of 2016, a robbery took place in Promsvyazbank, the criminals opened 164 cells. However, the bank has already started paying compensation to the affected clients. If we take the best deposits in the banks included in this top 10, then Promsvyazbank has the highest interest rate for wealthy clients - 11.7% per annum on the premium deposit “Maximum Success Tradition”.
8. "B&N Bank"
A bank that has existed since 1993 and has 500 offices throughout Russia. It is one of the thirty largest Russian credit institutions according to the Central Bank. And in 2014 "B&N Bank" came out on top in terms of the number of acquired banks (such as "Akkobank", "Uralprivatbank", "DNB Bank", etc.).
7. Raiffeisenbank
A subsidiary of the Raiffeisen banking group (Austria). Raiffeisen has a long and venerable history, the first banks of this group appeared in the 19th century, when mutual aid funds were created to support peasants during economic turmoil.
Like Promsvyazbank, Raiffeisenbank's auditor is the international organization PricewaterhouseCoopers.
6. "Bank of Moscow"
The clients of this banking organization are 9 million private and 114 thousand corporate depositors. In 2016, the reorganization of the Bank of Moscow is planned, which will be carried out by VTB. This means that the bulk of the liabilities and assets of the Bank of Moscow will be allocated and merged with VTB.
5. "Rosselkhozbank"
All shares of the bank belong to the government of the Russian Federation and it is rightfully included in the best banks for deposits of individuals (11% per annum on the "Fabulous interest" deposit). In 2014, Rosselkhozbank entered the top bank reliability group according to Forbes.
4. "Alfa-Bank"
It has existed since 1990 and successfully survived the economic crisis of 1998, as well as the loss of 20% of private clients in 2004. It is in second place among Russian banks in terms of net profit. Serves 13.9 million individuals and 194,300 corporate clients. Research company Frank Research Group named Alfa-Bank the best bank for wealthy clients.
3. Gazprombank
He was included in the sanctions list of the USA and Ukraine, which does not prevent the bank from remaining among the largest and most reliable credit institutions in Russia. Its largest shareholders are such giants as Gazprom and NPF Gazfond.If we take the rating of Russian banks in terms of deposit reliability in 2015, then Gazprombank was in second place there.
2. "VTB-24"
If we talk about the best deposits in the banks of the Russian Federation, then one cannot do without mentioning VTB-24 (up to 9.3% per annum in rubles on the “Profitable” deposit). In terms of loans and deposits from individuals, VTB-24 is second only to the leader of the rating.
1. "Sberbank"
The bank, founded in 1841, in 2016 is the largest player in the Russian deposit market and the main creditor of the Russian economy. It ranks first in net profit, capital, loans and deposits of individuals and assets. As for the maximum rate on deposits, Sberbank offers 10% per annum on the Happy Year deposit.