Bank Otkritie
Since 1992
Russia
Central Federal District of the Russian Federation
Moscow
119021, st. Timura Frunze, d. 11, p. 13.
Assets | Owners |
+ Otkritie Bank (Otkritie FC) |
Aktivs
The bank operates under two brands: in regions where the recognition of the Khanty-Mansiysk Bank brand is historically high, primarily in the Khanty-Mansi Autonomous Okrug - this brand continues to be used, the Otkritie Bank brand operates in the rest of Russia.
- Discovery Broker
- Opening Factoring
- Otkritie Management Company
- Tochka Bank (remote service for small businesses)
- Rocketbank (mobile banking for individuals).
Financial performance
Main article: Financial performance of Otkritie Bank
Bank Information Systems
Main article: Otkritie Bank (information systems)
The article is devoted to the creation, development, operation and reliability of Otkritie Bank's information systems.
History
2024: Growth of cash turnover of VTB, Otkritie and RNKB combined ATM network by 3 times
The cash turnover of the combined ATM network VTB, Otkritie and RNKB has grown 3 times. Otkritie reported this on February 9, 2024. Read more here.
2023
T1 acquired IT-subsidiary of Otkritie Bank
In early July 2023, it became known that the multidisciplinary holding "T1" concluded an agreement on the acquisition of Discovery Labs, a subsidiary of the IT structure of Otkritie Bank. Read more here.
Director of the Krasnoyarsk branch of the bank detained for theft of 75 million rubles from customer accounts for 11 years
The director of the Krasnoyarsk branch of Otkritie FC Bank in April 2023 was detained for embezzlement of 75 million rubles from customer accounts. The machinations lasted 11 years. At the end of the deposit period, the director of the office offered the depositor "to extend it by reporting false information about interest." A bank employee provided fictitious certificates of accrued interest. The woman was detained and opened a case under Part 4 of Art. 159 of the Criminal Code of the Russian Federation "Fraud on an especially large scale."
Consolidation of VTB, Otkritie and RNKB ATM networks
From February 7, 2023, customers of VTB, Otkritie and RNKB will be able to deposit and withdraw cash from ATMs of all three credit institutions without commission. The creation of a single fleet of self-service devices will be the first stage in the integration of new banks into VTB Group and will bring the number of available ATMs for customers to almost 20 thousand. Read more here.
2022
Trust bought from Otkrytie requirements for ex-beneficiaries of Binbank and RGS for 375 billion rubles
At the end of December 2022, Trust bought from Otkritie the requirements for ex-beneficiaries of Binbank and RGS, as well as Otkritie FC for 375 billion rubles. Among the purchased, including the rights of claim against Vadim Belyaev, Mikail Shishkhanov, Mikhail Gutseriev and Danil Khachaturov.
 | The strategic goal of the bank of non-core assets "Trust" remains the same: to collect 482 billion rubles by the end of 2023. The fees provide multiple referrals, including court filings and settlements. The collection of debt on claims purchased from Otkritie FC will take place within the framework of ongoing lawsuits, and in which Trust is already participating, the Trust press service commented. At the same time, they refrained from disclosing the details of the deal. |  |
The fact that Trust bought from Otkritie the requirements for ex-beneficiaries of Binbank and RGS, as well as Otkritie FC, became known after the Central Bank of the Russian Federation and VTB signed an agreement on the implementation of Otkritie FC on December 22 for 340 billion rubles. The Bank of Russia withdrew from the capital of PJSC Otkritie FC Bank, VTB fulfilled its obligations to the Central Bank to pay for Otkritie shares in full, the regulator reports.
Earlier, the bank of non-core assets "Trust" set a record for the amount of claims against the former owners of sanitized banks, demanding about 329 billion rubles from the former co-owner and ex-leaders of Binbank. The first for 306 billion rubles was filed with the ex-co-owner of the bank Mikail Shishkhanov, the former first deputy chairman of the board Alexander Lukin, ex-member of the board Alexei Farafontov and ex-member of the board of directors Kirill Lyubentsov. The amount of claims for the second claim is approximately 22.7 billion rubles. The defendants in the case are Shishkhanov, Lukin and Lyubentsov, as well as businessman Vladimir Kiryusha, Forcipe Investments Ltd and Kinetic Services Corp.[1]
Mikhail Alekseev - the new head of Otkritie Bank
On December 22, 2022, it became known about the appointment of Mikhail Alekseev as the new chairman of the board of Otkritie Bank, the sale of which to VTB Bank was announced on the same day. The former deputy chairman of the board of the Central Bank as the head of Otkritie will replace Mikhail Zadornov and officially begin to fulfill his duties on January 1, 2023. Read more here.
VTB buys Otkritie for 352 billion rubles. Loss of the Central Bank - 203 billion rubles
On December 22, 2022, the Central Bank of the Russian Federation announced the sale of Otkritie to VTB Bank for 340 billion rubles. The corresponding decision was made by the board of directors of the regulator. The central bank suffered hundreds of billions in losses on the sale of Otkrytie. Later it was reported that VTB buys Otkritie Bank from the Central Bank for 352 billion rubles, and the regulator spent 555 billion rubles on its recovery. Thus, the loss of the Central Bank will amount to 203 billion rubles.
Under the terms of the agreement, 233 billion rubles will be paid in cash, another 106 billion rubles - federal loan bonds (OFZ). The parties agreed that the ownership of shares of PJSC Bank FC Otkritie will pass to VTB Bank no later than December 31, 2022, subject to the fulfillment of VTB Bank's obligations to pay in full, the Central Bank noted.
VTB announced on December 22, 2022 that nothing will change for Otkritie Bank customers in the near future, since all key products and services will be preserved. VTB Bank said that the plan for the integration of businesses will be approved after the closure of the transaction, and the development strategy will imply an increase in positions in the Russian market. The development of the product range and its competitive advantages will continue to be based on all the technological, product and financial capabilities of VTB Banking Group.
After the conclusion of the transaction, VTB shares grew during trading on the Moscow Exchange on December 22, 2022 rose in price by 5%
According to Vedomosti, the law was specially written under the deal, according to which the Central Bank can sell Otkritie to VTB Bank without bidding and agreeing on a deal with the Federal Antimonopoly Service (FAS). On December 13, 2022, the law was adopted, in particular, it states that the sale transaction can be completed until March 31, 2023 inclusive.
Mikhail Zadornov, Otkrytie CEO, opposed the sale of the bank to VTB Group. In his opinion, the deal will not allow achieving goals to increase capital stability and efficiency of the banking sector, and also has "a number of significant disadvantages," he wrote in a letter to the Ministry of Finance. Zadornov noted that other players and companies may be interested in Otkritie FC Bank.[2]
Otkritie Bank ceased to be a shareholder of Qiwi
Otkritie Bank left the owners of Qiwi, selling a package of 21 million shares - the price could be 9 billion rubles. The deal was closed in December 2022.
The bank's value is 1.7 times higher than VTB's capitalization: 359-386 billion rubles
According to the audit company Business Decisions and Technologies, the market value of the Otkritie FC Bank group (owned by the Central Bank) is in the range of 359-386 billion rubles, RBC writes with reference to the presentation of the appraiser.
According to appraisers, the asset owned by the Central Bank turned out to be 1.6-1.8 times more expensive than VTB's market capitalization, which at the end of the trading day on October 27 amounted to 218.4 billion rubles.
Britain imposed sanctions against the heads of "Discovery"
On May 4, 2022, Britain imposed sanctions against the head of Otkritie FC Bank Mikhail Zadornov.
The sanctions list also includes Otkritie deputy chairmen Tatyana Nesterenko (former first deputy head of the Ministry of Finance) and Dmitry Levin. All of the listed persons are also on the sanctions list of the US Treasury.
Disconnecting from SWIFT
In early March 2022 European Union , he disconnected from,, SWIFT banks VTB,, "Russia", and in "Opening" Novikombank Promsvyazbank Sovcombank response ВЭБ.РФ to the start of a special operation of the Russian Federation. More. here
Disconnecting from Apple Pay and Google Pay
At the end of February 2022, the Central Bank of the Russian Federation announced that Apple Pay and Google Pay were being disabled from users of VTB, Sovcombank, Promsvyazbank and Otkritie due to US sanctions. The latter were introduced due to the start of the military operation of the Russian Federation on the territory of Ukraine. Read more here.
Central Bank joins RGS Bank to Otkritie
On February 25, 2022, the Central Bank of the Russian Federation approved the accession of RGS Bank to Otkritie Bank. The regulator made such a decision as the only shareholder of Otkritie. Read more here.
US imposes sanctions on bank
On February 24, 2022, after Russia the start of the demilitarization operation Ukraine USA , sanctions were imposed against Sberbank and,, Otkritie VTB Gazprombank Bank, and. Sovcombank Novikombank
UniCredit announced its refusal to buy Otkritie Bank due to geopolitics
At the end of January 2022, UniCredit refused to buy Otkritie Bank due to geopolitics. This was stated by the chief executive officer of the Italian financial group Andrea Orchel.
According to him, delivered at a press conference on the publication of the financial statements of UniCredit, the bank refused to conduct due diligence (the procedure for a comprehensive independent assessment of the company) "Opening" after studying the issue of a possible purchase of the bank. The decision is linked to geopolitical tensions around Russia, Orcel said. At the same time, he expressed confidence that the combined bank could take a much stronger position in the market and gain a positive effect from synergy without the need to greatly increase its dependence on the Russian market.
UniCredit fears a possible escalation in tensions between Russia and Ukraine could affect the economic outlook, Bloomberg reported.
On January 11, 2022, the news agency, citing a source, reported that UniCredit may soon begin to conduct due diligence (comprehensive business analysis) of Otkritie Bank. On January 24, 2022, the Kommersant newspaper, citing sources close to the Bank of Russia, reported that UniCredit had already abandoned plans to acquire Otkrytie due to the fact that the United States could impose sanctions against the Russian Federation at high risk.
The Italian financial conglomerate announced its intention to buy the Russian bank Otkritie in early January 2022, sparking a heated discussion among its shareholders and external analysts. The amount of the proposed transaction was never disclosed.
UniCredit also mentioned geopolitical risks for the results of the bank's work in a message about the results of work in the fourth quarter of 2021. According to the bank, the main threat is the "energy shock," tensions in the financial market and - to a lesser extent - in trade.[3]
2021
Bank cashier in Ufa received 4.5 years in prison in the case of embezzlement of 70 million rubles
In October 2021, the Ufa court convicted a former Otkritie bank employee in the case of embezzlement of more than 70 million rubles.
The court sentenced her to 4.5 years in prison in a general regime colony. The cashier from December 2016 to July 2019, together with colleagues, formed warrants for the issuance of money without the consent of depositors and carried out these operations at the cash desk. Thus, more than 45 million rubles were stolen and divided.
Also, accomplices stole money from the bank's cash desk for a total of 15.8 million rubles, drawing up documents on withdrawing funds from customer accounts without their knowledge. For 23 clients, without their consent, accomplices issued policies and life insurance contracts, while payment - 1.3 million rubles was not paid to the cashier.
Also, Otkritie employees did not deposit depositors' funds into personal accounts when they opened and replenished deposits, and thus stole another 8.7 million rubles.
An employee of an office in Kazan was sentenced to 5 years for fraud
In October 2021, by five years in prison with a probationary period of 4 years, the former head of the service and sales group of the Kazan branch of Otkritie FC Liliyana Sadykova received for theft of 2.2 million rubles. The accused regularly raised the limits on her credit cards in the internal database of the bank, where she entered under the logins and passwords of her subordinates, spent money on travel and a beautiful life.
Launch of the financial marketplace
On October 4, 2021, it became known that Otkritie Bank had created its own financial marketplace. Probably, we are talking about the first such platform created by the credit institution itself. Read more here.
Start searching for Central Bank applicants for the purchase of Otkritie Bank
On August 3, 2021, it became known that the Bank of Russia is beginning preparations for the sale of Otkritie Bank shares at organized trading. As reported on the regulator's website, at the same time, the Central Bank is considering an alternative way to sell the bank's shares to a strategic investor, who plans to sell a controlling stake of at least 50% plus one share.
The Central Bank expects the sale of the package to one of the strategic investors. At the same time, the Bank of Russia is considering a possible option for structuring a transaction for the implementation of a package by selling it in parts within the framework of separate procedures for the sale of bank shares.
| | "Depending on the interest shown by strategic investors, it may also be possible to allocate the insurance business and (or) the pension business from the banking group before the sale of the bank's shares," the regulator said in a statement. | |
The total number of shares will be determined based on the analysis of messages received from interested parties. If there is interest, bidding is planned until the end of 2021, the Central Bank added.
The opening was the first major bank that fell under reorganization through the Banking Sector Consolidation Fund (FCBS) created by the Central Bank. In July 2019, the regulator recognized the reorganization as complete. At the end of 2020, Otkritie Bank's net profit amounted to 43.4 billion rubles.[4]
Purchase of 40% of Tochka for 5 billion rubles from Qiwi
On July 21, 2021, Qiwi Group announced the sale of 40% of Tochka JSC to Otkritie Bank. Qiwi's share was estimated at 4.95 billion rubles (based on the company's value of 11 billion rubles at the time the transaction was announced). At the same time, Qiwi clarifies that the assessment can be revised on the basis of the audited results of the "Point" for 2021, and is expected to be determined in the second quarter of 2022. Read more here.
Tatyana Nesterenko - new adviser to the apparatus of the bank's management
On April 21, 2021, it became known about the beginning of Tatyana Nesterenko's work at Otkritie Bank, in which the former First Deputy Minister of Finance took the post of adviser to the management apparatus. In the future, she will join the board of a credit institution, RBC reported in it. Read more here.
Investing in the Whoosh electric scooter rental service
In mid-February 2021, it became known about the attraction by the Whoosh service of more than 25 million (about 1.8 billion rubles at the current exchange rate) from the closed mutual investment fund VTB Capital pre-iPiO Fund and the structure of Otkritie Bank. Read more here.
Creation of digital bank "Luna"
On January 11, 2021, it became known about the new project of Otkritie Bank. We are talking about the digital bank "Luna," the head of which is appointed Deputy Board, Head of the Retail Block "Discovery" Veniamin Polyantsev. Read more here.
2020
Sale of VTB shares to Trust for 44.6 billion rubles
On December 29, 2020, Otkritie Bank conducted a deal to sell VTB shares to Trust for 44.6 billion rubles. How many securities are in question is not specified. Read more here.
Central Bank allocates 79.8 billion rubles to Trust for the purchase of non-core assets of Otkrytie
On November 27, 2020, the Central Bank of the Russian Federation announced that it was allocating financing to Trust Bank in the amount of up to 79.8 billion rubles for the purchase of non-core assets of Otkritie FC. These measures are aimed at preventing the bankruptcy of Trust. Read more here.
Rosgosstrakh completely came under the direct management of Otkritie Bank
In mid-November 2020, it became known that Rosgosstrakh had completely come under the direct management of Otkritie Bank. The latter increased its share in the insurance company from 50.28% to 99.44%, according to data disclosed by Rosgosstrakh. Officially, this happened on November 12. Read more here.
Settlement agreement with Samphar after the claim of the Central Bank for ₽85 billion
On September 22, 2020, the Samphar group of Mikhail Gutseriev announced the conclusion of an amicable agreement with the controlled CENTRAL BANK OF THE RUSSIAN FEDERATION banks Otkritie and Trust"." It is connected with the lawsuit of the regulator against a businessman for 85 billion, the rubles requirements for which are related to reorganization, B&N Bank where Gutseriev had a minority share. More. here
The court recovered 289 billion rubles from 4 ex-leaders of the bank
In September 2020, the Moscow Arbitration Court, at the suit of Otkritie FC Bank, represented by the Central Bank of the Russian Federation, recovered more than 289.5 billion rubles in losses from four former managers, as well as from the former main shareholder of Otkritie Bank, Otkritie Holding JSC.
This is a record claim in Russia for the amount of claims to recover losses from controlling persons of a credit institution, satisfied by the court.
Sergey Rusanov, Otkritie Bank: The transition to remote control is "not military operations, but close to a combat situation"
In May 2020, Sergey Rusanov, a member of the board, head of the IT block of Otkritie Bank, in an online interview with TAdviser answered questions about the transfer of 14 thousand employees to remote work. Read more here.
Ex-managers of Otkrytie returned 1.7 billion rubles of premiums to the bank
On April 20, 2020, it became known that the ex-managers of Otkrytie returned 1.7 billion rubles to the bank. These premiums were received by former executives shortly before the reorganization of the credit institution.
As Mikhail Zadornov, chairman of the board of Otkritie, explained to The Bell, the bank believes that the top management paid bonuses to itself, the board and the board of directors "in fact in a bankrupt bank."
| | This is the damage that the Central Bank received by replacing the capital of the former owners. Yes, this is a lawsuit against key owners, including Vadim Belyaev. There are arrests of property in Russia. Then they will look for property around the world, - said Mikhail Zadornov. | |
According to him, by April 20, 2020, the bankruptcy procedure of Otkritie Holding (the former owner of the bank) is being carried out, within the framework of which the financial investigation continues. The procedure will be used to search for those assets "that we do not yet see," he said.
Zadornov also recalled that the Central Bank of the Russian Federation, on behalf of Otkritie Bank, filed a lawsuit against the former owners for 290 billion rubles.
| | When they say that the damage is 290 billion rubles, an ordinary person thinks that it was people who stole 290 billion rubles. That's not the case. Unfortunately, until some point, this was typical behavior for some bankers: they feel that the bank cannot be saved, and instead of a normal bankruptcy procedure, they withdraw some money from its balance sheet, send it abroad and then run away themselves. It was such a role model, - explained Zadornov. | |
Earlier, Mikhail Zadornov told reporters that former top managers of Otkritie Bank voluntarily returned 840 million rubles of bonuses out of 1.4 billion rubles. He also expressed the hope that ultimately the overwhelming majority of these funds would return through negotiations - this path of the board called optimal. He also said that if the negotiations fail, lawsuits will be filed.[5]
Remote registration of mortgages
In mid-April 2020, Otkritie Bank said that remote mortgages are also already available to customers, and the credit institution intends to develop this technology and scale up to a wide range of borrowers. Read more here.
Increase in share in Rosgosstrakh to 99.6%
In January 2020, the bank became known that FC Otkritie brought its stake in Rosgosstrakh to 99.6%. The credit institution bought out the shares of the insurer from related organizations - from the bank of non-core assets "Trust" and the subsidiary pension fund (NPF) "Otkritie." The volume of transactions is estimated at 11.8 billion rubles. Read more here.
2019
The bank's loan portfolio amounted to 589 billion rubles
As of January 1, 2019, the loan portfolio of Otkritie Bank, combined with Binbank, amounted to 589 billion rubles, of which 400 billion were funds of legal entities, and 189 billion were funds of individuals. As of February 2019, the Bank serves 190 thousand entrepreneurs.
FAS found Otkritie Bank guilty of sending spam to corporate mail
At the end of December 2019, the Federal Antimonopoly Service (FAS) found Otkritie Bank guilty of sending spam to corporate mail. The decision was made after a complaint from the consulting company "STI Decision."
She turned to the FAS Office for St. Petersburg after she received a letter from Otkrytie in which the bank offered the company cooperation and banking services. In "STI Solutions" did not give the financial organization consent to receive the distribution.
According to Veronica Shaduro, CEO of STI Solution, as a rule, spam comes from representatives of small businesses and in such letters it is almost impossible to identify the sender.
| | But when letters come from large organizations that have a whole staff of lawyers, you understand that they have agreed to send ads, confident in their impunity. The letter contains all the data, a link to the license, - she said in a conversation with RBC. | |
Shaduro believes that on the example of such cases "it is necessary to show spammers that the punishment is real and even the staff of lawyers will not help to avoid responsibility."
OFAS found Otkritie Bank guilty of violating the Law on Advertising and transferred materials to initiate an administrative case and determine punishment.
However, Otkrytie does not agree with the decision of the OFAS - according to representatives of the bank, the mailing was of a one-time nature, and the email was in open sources. The company plans to appeal the decision of the department, the press service of the financial organization told RBC.
The bank said that the letter from STI Solution was "a custom of business circulation." The address was freely available on the site, and any person had the right to send letters with an offer.[6]
Dress code introduced for the color of burnt sugar
In September 2019, Otkritie Bank sent a new-old dress code to all offices. Now all employees from the rank-and-file operator to the managing director must walk in burnt sugar, which was fashionable back in 2011. Old black and white costumes were asked to throw away and buy new uniforms at their own expense. A penalty matrix has been introduced for refusing to purchase.
Recovery plan from former top managers of the property bank for 289 billion rubles
In July 2019, the Moscow Arbitration Court granted FC Otkritie's petition to seize property worth 289 billion rubles. former owners and top managers of the bank - former co-owner of the bank Vadim Belyaev, ex-president Ruben Aganbegyan, former CEO Yevgeny Dankevich, ex-board members: head of the retail business block Elena Budnik and head of the corporate block Gennady Zhuzhlev.
Ban on employees taking pictures of computer screens
On June 24, 2019, it became known that large banks in Russia banned their employees from photographing computer screens using personal mobile phones. According to RBC, restrictions were introduced at Sberbank, Unicredit Bank, Otkritie Bank and VTB. Read more here.
Central Bank plans to sell Otkritie Bank in 2021
This was announced in June 2019 on the air of the Russia-24 TV channel by the head of the Bank of Russia Elvira Nabiullina. According to her, the Central Bank would not like to sell Otkritie Bank at a big discount, but everything will depend on the situation.
E. Nabiullina also said that the experience of selling ATB (Asia-Pacific Bank) forced the regulator to reconsider approaches in order to apply various methods of sale for Otkritie Bank. Because, according to her, it is unrealistic, for example, to sell a large bank to one strategic shareholder at an auction.
E. Nabiullina also said that for banks put up for sale, the Central Bank plans to create a track record in order to demonstrate to the investor a steady positive financial result.
Credit line for Megafon for 15 billion rubles
On April 29, 2019, it became known that Otkritie Bank provided the operator Megaphone with "" financing for 15 billion in the rubles form of a three-year approved credit line. More. here
Combining the ATM network with Raiffeisen Bank
Raiffeisen Bank On April 8, 2019, he announced the merger of an ATM network with Otkritie Bank, thanks to which customers bank will be able to withdraw cash without a commission of 21 thousand devices throughout the country. The service is available to debit and credit card holders, and payment systems Visa. MasterCard "Mir" More. here
Joining the number of co-owners of the National Rating Agency with a share of 9.9%
On April 18, 2019, information appeared that Otkritie FC Bank became a co-owner of the National Rating Agency (NRA), as evidenced by data from the SPARK-Interfax system. The share of NRA LLC owned by the bank is 9.9%. Read more here.
Growth of the share in the "Customs card" to 96.79%
On March 13, 2019, it became known that Otkritie Bank consolidated 96.79% of the Customs Card by buying a 28.93% stake at a auction organized by the Deposit Insurance Agency.
Otkritie Bank became the winner of the public auction of the DIA for the lot "Sale of 28.93% of the shares of Customs Card LLC." Thus, the bank increased its stake in the operator of the payment system of the same name to 96.79%. The price offered by the winner amounted to 19.2 million rubles.
In May 2018, it was reported about the transition to the "Opening" of the controlling share in the payment system "Customs Card." Then the bank became the owner of 100% of Promfinance LLC, which owned a share of 67.81% of the Customs Card.
The auction was held as part of the sale of assets of JSCB Financial and Industrial Bank (Finprombank), which is in the process of liquidation. The owner of the remaining 3.21% of the "Customs Card" remains the National Association of Customs Representatives.
The Otkritie certificate emphasizes that "the nationally significant Customs Card payment system is an operator of customs payments in Russia, providing companies participating in foreign economic activity with the opportunity to quickly and conveniently make settlements with the Federal Customs Service." Otkritie Bank has been the settlement center of the Customs Card since March 2017[7]
Binbank Incorporation
On January 1, 2019, two credit institutions rehabilitated by the Central Bank of the Russian Federation - Otkritie FC Bank and Binbank - completed the merger process, which began in early 2018.
President - Chairman of the Board of Otkritie Mikhail Zadornov in mid-December 2018 noted that banks are already technologically ready for a merger.
The transformation of the networks of branches of the two credit institutions should be completed in April 2019, Zadornov said earlier. The costs of this are estimated at 500 million rubles, he added.
2018: Central Bank decides to merge Binbank and Otkritie
The Bank of Russia decided to merge Binbank and FC Otkritie. This was announced in February 2018 by the head of the Central Bank Elvira Nabiullina. She explained that banks will be merged into one credit institution "with the exception of some share, maybe bad assets." The new structure in 2018 should include the offices of Otkritie, Binbank and NB Trust, in 2019 - the offices of Rosgosstrakh Bank. The main objective of the merger is the transition to a universal management model, the key elements of which will be basic branches and regional operating offices.
2017
Net loss amounted to 426.8 billion rubles
The net loss of Otkritie FC Bank in 2017 amounted to 426.8 billion rubles against 1.5 billion rubles of net profit a year earlier. These are the data of the consolidated statements of the credit institution under IFRS.
The main reason for the bank's losses was the growth of provisions for impairment of loans - up to 359.89 billion rubles (from 34.3 billion rubles in 2016), expenses on other types of impairment and reserves increased to 94.48 billion rubles (from 2.25 billion rubles in 2016).
The bank's loan portfolio after deducting reserves for the year decreased to 716.2 billion rubles. Corporate loans issued under repurchase agreements decreased to 74.3 billion rubles. Customer funds in accounts with Otkritie FC Bank decreased over the reporting period to 870.1 billion rubles.
Rehabilitation and transfer of control over the bank to the Central Bank of the Russian Federation
Since August 29, 2017, the Bank of Russia has been the main investor in Otkritie FC Bank. A temporary administration was appointed to the bank, which included employees of the Central Bank and the Banking Sector Consolidation Fund.
"These actions were carried out as part of the implementation of the Bank of Russia's participation plan in the implementation of measures to prevent bankruptcy of PJSC Otkritie FC Bank , providing for the acquisition by the Bank of Russia of an additional issue of ordinary shares of the Bank in the amount of 456.2 billion rubles," the regulator said in a statement in December 2017.
Central Bank blacklists more than 120 managers of Otkritie
More than 120 managers of Otkritie FC Bank will be blacklisted by the Central Bank of the Russian Federation. The ban on the profession will affect the beneficiaries of the bank, members of the supervisory board and board, the chief accountant and his deputy, heads and chief accountants of branches.
"The decision has already been made and has already been brought to many managers," Kommersant quotes its sources. At the same time, most managers are unlikely to leave their jobs before the end of the interim administration. This is the most massive case in the history of reorganization.
The Central Bank's black list prohibits bankers from holding high positions in banks for at least five years. In addition, the new law on business reputation will close their entrance to leadership positions in other companies in the financial sector.
The regulator has kept a blacklist of bankers for more than a decade. It includes managers of banks declared bankrupt after the revocation of the license, as well as those credit institutions in respect of which measures are taken to prevent bankruptcy - reorganization. According to the Central Bank as of July 26, 2017, the list included 6.675 thousand people.
2016: Joining Khanty-Mansiysk Bank Otkritie
In August 2016, it became known that the Otkritie financial group completed the legal procedure for joining Otkritie Khanty-Mansiysk Bank to Otkritie FC Bank.
The association became the largest in the history of the Russian banking sector, its result is the emergence of the Otkritie Financial Corporation bank with assets of 3.1 trillion rubles. This is the largest private credit institution in Russia in terms of assets.
Full integration (including unification of product lines, operational processes and information systems) will be completed by the end of 2017.
The financial institution begins to operate under a single brand - Otkritie Bank. The existing brands under which client and regional areas operate have also been preserved.
In Western Siberia, in the Khanty-Mansiysk and Yamalo-Nenets Autonomous Okrugs, the Khanty-Mansiysk Bank brand is preserved. Keep their brands and projects "Point" (remote service for small businesses) and "Rocketbank" (mobile banking for individuals).
"The creation of a single bank is the final stage of our banking group's integration strategy. This step will help increase the stability and efficiency of our business, increase the quality[8] capital management and, as a result, further strengthen our position in the Russian banking market, "said Evgeny[8], Chairman of the Board of Otkritie Bank[8].
According to the Bank of Russia, Sberbank is the country's largest credit institution. Its assets almost reached 23 trillion rubles. VTB owns assets of 9.7 trillion rubles, Gazprombank - 5.1 trillion (data as of August 2016).
At this time, Otkritie is a universal commercial bank that develops such key business areas as: corporate, investment, retail, SME and Private Banking. Otkritie pays special attention to high-tech services: within the framework of the Rocketbank project, a completely remote service is offered for individuals, within the framework of the Tochka project, a completely remote service for entrepreneurs.
2015: The largest private bank in Russia with assets of 3.1 trillion rubles
Otkritie Financial Corporation Bank is the parent organization of Otkritie FC banking group, which ranks 1st among the largest private banking groups in Russia and 4th among all Russian banking groups in terms of assets according to the Interfax rating (Interfax-CEA according to RAS reporting as of June 30, 2015).
The consolidated assets of the group under IFRS as of June 30, 2015 amounted to 3,104,9 billion rubles, equity - 200.0 billion rubles.
The group includes Otkritie Financial Corporation Bank and Khanty-Mansi Otkritie.
2013: Consolidated Assets of Group Banks RUB 1.379 trillion
Owners of the bank for 2013:
- Otkritie Holding (formerly Otkritie FC) - 44.52
- Nomos Bank - 24.17
- International Finance Corporation - 14,3
- ERADA, CJSC - 17.0
The Group's consolidated assets under IFRS (including NOMOS-BANK, Otkritie Bank, Khanty-Mansiysk Bank, Novosibirsk Municipal Bank) as at 31 December 2013 amounted to RUB 1.379 trillion and equity amounted to RUB 139.4 billion.
2010
Priorities in the Bank's activities as of July 2010 are acceleration of settlements between corporate structures, clients and partners, reduction of transaction costs and operational risks.
2008
According to the results of 2008, the Bank's assets grew more than 2 times and amounted to more than 16.7 billion rubles. The increase in equity capital occurred at the same pace (2.4 times) and, as of the end of the year, this figure reached 2,461,1 million rubles.
2006: Khanty-Mansiysk Bank joined Otkritie FC
In 2006, Khanty-Mansiysk Bank became part of Otkritie FC.
Notes
- ↑ Trust bought from Otkritie requirements for ex-beneficiaries of Binbank and RGS
- ↑ Bank of Russia and VTB Bank (PJSC) signed an agreement on the implementation of Otkritie FC Bank PJSC
- ↑ UniCredit pulls out of potential bid for Russian bank over Ukraine tensions
- ↑ Central Bank announced the search for a buyer for Otkritie Bank
- ↑ FC Otkritie collected 1.7 billion rubles of premiums from former managers
- ↑ FAS found Otkritie Bank guilty of sending spam
- ↑ Otkritie Bank brought its stake in the Customs Card to 96.79%.
- ↑ 8,0 8,1 8,2 [https://lenta.ru/news/2016/08/23/openintegration/ of
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |