The Russian Forbes studied the greatly reduced banking population of the Russian Federation and identified the kings of the financial jungle, on which both the oligarch and the simple worker can rely on a reliable shoulder. Introducing you list of the 100 most reliable banks in Russia in 2019.

The last five years have been difficult for Russian banks. From the financial market, fans began to disappear to launder money, as well as hotheads who were ready to stake their tits for the sake of the hope of catching a crane. As a result, four hundred banks ceased to exist, and this year, according to financial experts, their number will be reduced by another fifty. And the "survivors" urgently try to solve the accumulated problems, sometimes rooted in the times of dubious capital of the first half of the nineties.

Traditionally, we dwell on the top 10 most reliable banks.

10. Credit Agricole

Credit rating Fitch: BBB-
AKPA: AAA

The top ten most reliable banks operating in Russia in 2019 included exclusively subsidiaries of large foreign financial corporations and only the largest and most famous Russian banks. Credit Agricole was no exception to this rule.

The Green Bank (once raised on agricultural loans to French peasants) is considered one of the largest in France, based on the size of assets and the number of customers. However, ordinary Russians will not have the opportunity to take money into it - “Credit Agricole” has only two branches (in St. Petersburg and Moscow), and its clients are overwhelmingly legal entities.

9. HSBC Bank

Fitch: BBB-
AKPA: AAA

After the French, Britons are next in the list of the most reliable banks in the Russian Federation in 2019. HSBC Bank, aka HSBC, is the Russian representative office of one of England's largest financial corporations. HSBC is one of the most expensive banking brands, ranked seventh in the world in terms of assets, and its customers are citizens of 70 countries.

However, three years ago it turned out that the bank provided popularity to itself, including through active assistance to clients in competent tax evasion. This kind of “charity” cost the bank a fine of 40 million Swiss francs. And, like the French, in Russia, the British prefer to work with corporations - there have been no "private owners" among the bank's clients since 2011.

8. Nordea

Fitch: BBB-
AKPA: AAA

The Nordea financial group emerged as a result of the purchase or merger of large banks in Denmark, Norway, Sweden and Finland at the turn of the century. Nordea is most represented in Europe, however, it is also trying to develop the Chinese financial market and Singaporean. There is a branch of this bank in the USA.

Nordea appeared in Russia in 2006, when the Finns bought 86% of the shares of Orgresbank. However, it seems that the Scandinavians will not stay in Russia for long - they are afraid of suspicions of money laundering, as well as the possible threat of being involved in cases with sanctions. Slowly, Nordea is closing its work with Russian clients and is switching to Scandinavian clients.

7. Ing Bank (Eurasia)

Fitch: BBB-
AKPA: AAA

The headquarters of the parent corporation, whose subsidiary is the Russian Ing Bank, is located in the country of tulips and windmills - Holland. There, in a building of an unusual shape, nicknamed the “boot” by Amsterdam, financial movers are managing the accounts of 37.4 million customers from more than 40 countries around the world.

However, not everything is fine in the Dutch kingdom: the growing financial scandal is about to fall on them. The pages of The Financial Times have already voiced accusations that, through Ing Bank, money laundering has also been launched. It is still unknown how the bank’s management will react to this and whether it would prefer to follow the example of Nordea.

6. Citibank

Fitch: BBB-
AKPA: AAA

This is a subsidiary of a large financial corporation headquartered in New York. Citigroup is one of the largest financial corporations worldwide, its customers are more than 200 million private and legal entities, and bank branches are located in 160 countries around the globe.

In Russia, Citibank is doing well, and, unlike previous participants in the banks' reliability rating, this financial institution does not hesitate to take money from individuals. It serves more than 600 thousand "private traders".

Although Citibank plans to close a number of branches in Moscow in 2019, this does not mean that Citigroup is going to leave Russia. It’s just that the bank is switching to a digital service model.

5. VTB

Fitch: —
AKPA: —

If not foreign, then state - the fifth place in the ranking of the most reliable banks according to Forbes is occupied by VTB Bank. The owner of the bank is the government of the Russian Federation, which owns more than half of the shares.

And even sanctions are not able to harm the financial giant. Although the world rating agencies of VTB refused to evaluate, but the British magazine The Banker, which is considered by financiers around the world, last year awarded VTB Bank of the Year Award.

4. Sberbank

Fitch: BBB-
AKPA: AAA

On the fourth place of the Forbes banking list is the undisputed leader of Russian banks according to the Central Bank. The bank has more than 2 million corporate accounts. What can we say about the accounts of individuals - here Sberbank reigns supreme, single-handedly holding almost half of the market.

Bank customers in Russia are more than 88 million people, and bank employees can populate a medium-sized city (there are almost 300 thousand of them). Judging by the results of 2018, things are going well with the main Russian bank. According to its head, last year Sberbank earned record profits, and return on equity increased by almost a quarter. And this despite the difficult international relations. For example, the Ukrainian version of Sberbank cannot withdraw capital outside the country by direct decree of the local president, and we won’t even talk about American sanctions.

3. Rosbank (Societe Generale)

Fitch: BBB-
AKPA: AAA

The vast majority of Rosbank shares, namely 99.95%, belong to the French financial corporation Societe Generale. The headquarters of the corporation is located in Paris, in three company-owned skyscrapers, the largest of which reaches a height of 183 meters. A worthy haven for a serious financial organization.

The Russian subsidiary serves both corporate clients (more than 100 thousand accounts) and individuals (3.3 million people). And in the first half of 2019, Rosbank will merge with another Societe Generale subsidiary, Deltacredit. Previously, this bank was engaged exclusively in mortgages.

2. Raiffeisenbank

Fitch: BBB-
AKPA: AAA

The Austrians appeared on the Russian market in the mid-nineties, however, they became serious players only ten years later, after the merger of ImpexBank. The parent company, Raiffeisen Bank Group, is considered one of the largest banking corporations in Austria in terms of assets and is in the top 200 banks around the world according to The Banker magazine.

However, the presence of Raiffeisen Bank Group in the financial market is mainly limited to Eastern Europe, including both the Balkans and the countries of the former USSR. Like most other European banks, Raiffeisenbank was affected by a wave of paranoia about the possible laundering of Russian money. In early March, one of the British financial organizations even filed a complaint with the Austrian prosecutor's office regarding the activities of the bank, but no suspicious transactions were found by inspectors.

1. Unicredit Bank

Fitch: BBB-
AKPA: AAA

According to Forbes, the first place among the most reliable banks in Russia in 2019 is the next subsidiary of a foreign financial corporation. This time it is Italians - 100% of Unicredit Bank shares are owned by UniCredit financial group.

For the most part, UniCredit operates in the European market, mainly in its central and eastern parts, covering the countries of the former USSR. However, not everything is cloudless on the Italian-Russian banking horizon. In November last year, the reputable rating agency S&P Global Ratings changed its assessment of Unicredit Bank, changing its outlook from “stable” to “negative”. The reason for this decision lies not in the fact that in 2018, the profit of the Russian version of the bank decreased by 7.5%, but in a change in the creditworthiness of the parent bank, which is currently experiencing some difficulties.

Watch the video: The Epic Collapse of GE, How the Stock Market MeltUp Ends, u0026 Student Loan Chaos (November 2024).