Banks in country Russia

Capital city: Moscow

Population: 143 million

Currency: Russian ruble (RUR)

Languages: Russian, almost 100 minority languages

Internet country code: .ru

The global financial turmoil caused large capital outflows from Russia in recent months, resulting in a stock market slump and liquidity shortages on the Russian interbank market. There will be some concentration processes taking place in the Russian banking system.

However, thanks to the strong position of the large state-owned banks and the resolve of the authorities to tackle the problems – made possible by huge international and fiscal reserves – no systemic crisis will occur. Lower capital inflows resulting in tighter credit conditions will however combine with still high but lower oil prices to reduce investment appetite and income growth. As a consequence, real GDP growth will likely slow to 6.0 % in 2009 from 7.4 % in 2008.

Alfa-Banking Group is one of Russia’s largest privately owned banking groups in terms of equity, assets, branches, retail deposits and funds under management.

Founded in 1990, Alfa-Banking Grou ...

UralSib was founded in 1993 as an entity wholly-owned by the Republic of Bashkortostan (RoB), a mineral-rich autonomous region located in the east of the European part of Russia. Until 2000, when a 14% sta ...

Evrofinance Mosnarbank Moscow was established at the end of 2003 as a result of a merger of Evrofinance Bank and CB 'Mosnarbank'. Such amalgamation was a natural development due to the fact that Ba ...

J&T Bank (c 1994 to 2007 - CB «Third Rome») - a subsidiary of investment bank Slovak financial group J & T GROUP. As a universal bank servicing private individuals and legal persons, J ...

MDM Bank is a leading independent provider of banking services in Russia, comprised of two main banking units: Corporate Banking & Investment Banking (CIB), which encompasses Corporate Banking, Investm ...

Rosbank is the largest privately owned bank in Russia. The bank operates in Belorussia and Switzerland through Belrosbank (Minsk) and Rosbank (Geneva).

Societe Generale is the principal shareholger o ...

The Bank’s history of 165 years is  closely related to the economic and social development of the country. Numerous political and economic shifts affected the Bank but its role as the major prov ...

VTB is a recognized leader of the national financial industry having gained a sustained competitive edge in all segments of the banking market. As of June 30, 2008 according to IFRS (consolidated), its sha ...