The reliability of a credit institution depends on many factors: the amount of equity capital, the quality of the loan portfolio, etc. Therefore, the most correct way to determine a bank's stability is not subjective assessments and customer reviews, but the rating of an international agency (Fitch, S&P, Moody’s).
Today's top ten includes the most reliable banks in Russia in 2014... The leading positions were taken by subsidiaries of foreign financial companies, followed by banks with state participation. State banks were lower than their foreign subsidiaries, since their safety, according to international rating agencies, is limited by the country rating of the Russian Federation.
We suggest to study the list the most unreliable banksto secure your savings. We have also prepared an updated list the most reliable banks in Russia in 2015.
10. SME Bank (S&P rating - BBB)
The bank ranks 45th in terms of assets, 30th in terms of capital. At the same time, SME Bank has one of the highest capital adequacy ratios - 22.9%. BBB rating according to the Standard & Poors method means sufficient ability to fulfill financial obligations, but great sensitivity to unfavorable economic conditions.
9. ING Bank (Moody's rating - Baa2)
ING ranks 29th in Russia in terms of assets and 23rd in terms of capital. The Baa2 rating means that the bank is exposed to moderate credit risks. At the same time, a high percentage of capital adequacy - 22.8% - testifies to the stability of the credit institution.
8. Unicredit Bank (S&P rating - BBB)
The bank is among the ten largest in terms of assets, occupying the ninth line. The efficiency of operations is estimated by the return on equity at the level of 20.3%.
7. VTB24 (Moody's rating - Baa2)
The subsidiary of VTB Bank is the fourth in Russia in terms of assets, and also the sixth in terms of capital. In the case of international ratings, state participation plays against the bank - due to a decrease in the overall rating of the Russian Federation, VTB 24 may change its Baa2 rating to a less reliable one.
6. VTB Bank (S&P rating - BBB)
The bank ranks second in terms of assets and capital. Of the ten participants, VTB has a fairly low level of capital adequacy - 12.4%, but high stability is fully ensured by the participation of the state.
5. Sberbank (Fitch rating - BBB)
The leader of the Russian banking market in terms of assets and capital has a BBB rating, which according to the Fitch method means good creditworthiness and low expectations of credit risk experts, but the reliability of the state bank of Russia is not yet ideal.
4. Credit Agricole Kib (Fitch rating - BBB +)
The smallest bank in the top ten most reliable takes only 96th place in terms of assets. At the same time, the bank has the highest level of creditworthiness - 39%. And belonging to one of the leading financial groups in Europe (Credit Agricole Group) adds attractiveness to the credit institution in the eyes of experts.
3. HSBC (Fitch rating - BBB +)
The bank ranks 85th in terms of assets and 70th in terms of capital. The credit institution is a subsidiary of one of the largest financial holdings in the world - HSBC Holdings plc.
2. Nordea Bank (Fitch rating - BBB +)
The subsidiary of the Scandinavian banking group of the same name is ranked 25th in terms of assets and capital. The main source of the bank's resources is the funds of the "parent" organization. Bank recognized the most reliable in 2015 according to Forbes.
1. Citibank (Fitch rating - BBB +)
The most reliable Russian bank, according to international rating agencies, takes 19th place in terms of assets. The bank was founded by the American group Citigroup. In July 2014, Fitch assessed Citibank's rating outlook as stable.