Ak Bars Bank

Ak Bars Bank
Russian: Ак Барс Банк
Company typebank
IndustryBanking
Founded1993; 32 years ago (1993)
Fateactive
Headquarters,
Russia
Revenue120,760,000,000 Russian ruble (2024) Edit this on Wikidata
8,674,000,000 Russian ruble (2024) Edit this on Wikidata
7,269,000,000 Russian ruble (2024) Edit this on Wikidata
Total assets946,923,000,000 Russian ruble (2024) Edit this on Wikidata
OwnerGovernment of Tatarstan, Svyazinvestneftekhim, etc.
Number of employees
6300 (2022)
Rating«ruA», stable (Expert RA)[1]
Websiteakbars.ru

PJSC Ak Bars Bank (Russian: Ак Барс Банк) is one of the leading Russian regional universal banks headquartered in Kazan, Tatarstan.[2] The entity was registered on November 29, 1993, and as of June 2022 has 219 branches in 28 regions of the country.

Membership in professional organizations

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It's a member of SWIFT, Moscow Interbank Currency Exchange, Russian banks association etc.[citation needed]

Key foreign correspondent banks

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Partnerships

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It's a permanent partner of KAZANSUMMIT, Kazan Marathon, Kazan Digital Week and other regional events, previously was a partner of major sports events in Kazan, such as 2013 Summer Universiade, 2015 World Aquatics Championships, etc. Until the 2022 Russian invasion of Ukraine, the bank was audited by PricewaterhouseCoopers.[citation needed]

Ak Bars Holding

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The bank is known to have founded Ak Bars Holding back in 1998 as its investment banking subdivision,[3] spinning it off as a separate entity at the end of 2004,[4] whilst keeping 7.65% of its equity under own control.[3] In June 2022, it has officially ensured[5] that it is not a subsidiary, dependent or affiliated company of Ak Bars Holding once the latter has been included into the 2022 sanctioned entities list, presumably for ownership of Zelenodolsk Shipyard.

See also

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References

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  1. ^ "ПАО "АК БАРС" БАНК". Expert RA (in Russian). Retrieved February 25, 2024.
  2. ^ "Ak Bars Bank". www.cbr.ru (in Russian). Central Bank of Russia. Retrieved July 1, 2022.
  3. ^ a b Ак Барс (холдинг). TAdviser (in Russian). Retrieved July 1, 2022.
  4. ^ АО: ХОЛДИНГОВАЯ КОМПАНИЯ АК БАРС. РБК Компании (in Russian). Retrieved July 1, 2022.
  5. ^ "Ak Bars Bank: the bank is not a subsidiary or dependent company with the Ak Bars Holding". tass.com. Retrieved July 1, 2022.
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