Ak Bars Bank
Russian commercial bank, headquartered in Kazan, Tatarstan, Russia
From Wikipedia, the free encyclopedia
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.
| |
 Ak Bars Bank headquarters | |
| Company type | bank |
|---|---|
| Industry | Banking |
| Founded | 1993 |
| Fate | active |
| Headquarters | , Russia |
| Revenue | 120,760,000,000 Russian ruble (2024)  |
| 8,674,000,000 Russian ruble (2024) | |
| 7,269,000,000 Russian ruble (2024) | |
| Total assets | 946,923,000,000 Russian ruble (2024) |
| Owner | Government of Tatarstan, Svyazinvestneftekhim, etc. |
Number of employees | 6300 (2022) |
| Rating | «ruA», stable (Expert RA)[1] |
| Website | akbars |
Membership in professional organizations
It's a member of SWIFT, Moscow Interbank Currency Exchange, Russian banks association etc.[citation needed]
Key foreign correspondent banks
- Commerzbank AG (Germany),
- Deutsche Bank AG (Germany),
- Industrial and Commercial Bank of China (China),
- UBS AG (Switzerland),
- JPMorgan Chase Bank NA (United States),
- Deutsche Bank Trust Company Americas (United States),
- Türkiye İş Bankası A.S. (Turkey),
- MUFG Bank (Japan),
- OTP Bank Plc (Hungary),
- Agricultural Bank of China (China)
Partnerships
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
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.
