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ACB AK Bars PAO (Russia)

Main Activities: Commercial Banking
Full name: ACB AK Bars PAO Profile Updated: September 20, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Russian Download a sample report

Ak Bars Bank is a big universal lender with state participation that holds leadership positions on the banking services market in the Republic of Tatarstan. The lender’s core business focus is lending, cash settlement, deposit services provided to businesses and households. Ak Bars Bank was registered in Kazan in 1993. Since 1994 the lender has been the authorized bank of the Cabinet of the Republic of Tatarstan, and since November 1997 it has been the authorized body in charge of preserving the republic’s gold reserves that are designated to ensure investments in the republican economy. In 2000 the lender took over Interkamabank, based in Nizhnekamsk. In 2002 the lender was transformed into an open joint stock company. For a long time Ak Bars Bank’s major shareholders were large industrial enterprises based in the Republic of Tatarstan, republican off-budget funds, etc.

Headquarters
Street Dekabristov, 1
Kazan; Tatarstan Republic; Postal Code: 420066

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Website: http://www.akbars.ru

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 29, 1993
Key Executives
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Chairman of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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20.41%
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19.789%
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13.61%
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10.413%
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6.823%
Subsidiaries
Ak Bars Galereya OOO
100%
Ak Bars Galereya OOO
100%
Ak Bars Ipoteka OOO
100%
Company Performance
Financial values in the chart are available after ACB AK Bars PAO report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RUB. Absolute financial data is included in the purchased report.
Net interest income
15.43%
Net fee and commission income
14.22%
Operating profit (EBIT)
124.13%
Net Profit (Loss) for the Period
137.46%
Total assets
5.06%
Total equity
2.21%
Total Assets Trend
-1.53%
Net Interest Income Trend
-2.51%
Cost to Income Ratio
22.9%
Loans to Asset Ratio
-54.65%

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