Forbes named the most reliable banks in Russia

Citibank topped the list of most reliable banks in Russia, published by Forbes on Thursday, March 17. In the top three of Forbes has also included Nordea Bank and HSBC-Bi-si Bank.

Just a group of the most reliable according to Forbes banks included 12 organizations. Most of them are “daughters” of foreign banks, in particular, credit Agricole CIB, Banca Intesa, UniCredit Bank, Raiffeisen Bank. In the first group there is one Russian Bank, came under Western sanctions is Sberbank. He rounded out the top-10 list. Under sanctions VTB, VTB24, Bank of Moscow, Gazprombank, Rosselkhozbank Forbes gave the second, “less reliable” group.

Citibank was a leader in the ranking of most reliable banks according to Forbes in 2013 and 2014. In 2015, Citibank conceded first place in the rating of Nordea Bank.

In November 2015 has published a ranking of the fastest-growing over the past three years banks. The first three leaders entered the Bank “FC OTKRITIE”, Sovcombank and “BKM OTKRITIE”.

During the year licenses lost 106 Russian banks, says Forbes. Record regarding the size of the hole in the balance sheet assets broke Vneshprombank, occupied the 40th place in the Russian banking system, but devoid of a license in January. In early March, the Central Bank said that the capital hole in Vneshprombank is approximately 210,115 billion rubles.