The crisis has traditionally hit the banking system, especially in the context of sanctions, when stability is planned to be achieved by providing support to key organizations with the largest capitalization. There are 10 banks that the state will save through regular financial injections. Selected structures are classified as systemically important organizations that are subject to the requirements of the Basel-3 rules. The Central Bank, taking into account new requirements and due to crisis events, has determined a list of structures that can count on state support.
10. MDM Bank
The financial institution has a net worth of $ 33 billion and annually makes a profit of $ 520 million. The commercial structure provides services to representatives of medium and small businesses and cooperates with 3.5 million individuals. The bank has 180 branches throughout Russia and serves 12 thousand ATMs. Entering the list of 10 banks that the state will save, the organization received assistance in the amount of $ 9 billion.
9. Uralsib
It is one of the largest commercial banks in Russia and has its own capital in the amount of $ 45 billion, annually making a profit of 4 billion. The bank is allocated by a developed network of branches and mainly operates in 51 regions, especially its positions are strong in Bashkortostan, where social payment instruments are introduced - "Electronic universal card." The organization takes part in the implementation of social programs:
- "Education"
- "Children of Russia"
- "Health"
- “Affordable and comfortable housing”
Once in the list of 10 banks, the organization received $ 12 billion from the state.
8. Bank of Russia
The structure has a net worth of $ 27 billion and annually makes a profit of 2 billion. The organization specializes in controlling assets in various economic fields. The bank owns shares in the following organizations:
- SOGAZ
- "First channel"
- newspaper "Izvestia"
- Gazfond
The organization is under the sanctions of the United States, which has frozen the assets of the structure under the jurisdiction of this country. VISA, Mastercard international payment systems do not serve bank cards. Agency Standard & Poor’s rated the rating of the structure as negative - BB- / B. Given the current situation, financial institutions were included in the list of 10 banks that will be saved by the state in connection with a negative external background. The amount of assistance amounted to $ 13 billion.
7. Alpha Bank
The largest commercial bank in the country with a net worth of $ 215 billion and a profit of $ 74 billion per year. The organization cooperates with individuals and legal entities and has 110 branches located in Russia, the USA, Great Britain, and Cyprus. A group of credit organizations with the same name operating in Ukraine, Kazakhstan and Belarus has been created. Caught in the list of 10 banks that will receive state support, the financial structure received $ 62.8 billion.
6. Raiffeisenbank
Once among the 10 banks that will be saved by the state, Raiffeisenbank has an authorized capital of 36 trillion. $ and is distinguished by high reliability ratings in all categories:
- bbb- stability;
- deposit rating in rubles on a national scale - Aa2;
- Short-term foreign currency rating - F3.
Despite this, the organization received a negative long-term rating of deposits, both in rubles and in foreign currency - Ba2, credit risk received the same rating. Russians are advised to make deposits in rubles, because on a national scale, the long-term rating is rated AAA with a stable outlook. The bank fell into the program of additional capitalization, but has not yet made a decision to participate in it.
5. Promsvyazbank
Promsvyazbank, a member of the Promsvyaz Capital B.V. community, is considered to be rather modest, but quite reliable. The financial institution’s own funds reach 125 billion. The organization cooperates with 100,000 domestic enterprises and serves 2,000,000 private clients. The amount of assistance at the moment is not installed. Being included in the list of 10 banks that the state will save, the structure has sufficient assets and will receive assistance if there is a risk of a crisis.
4. Bank Opening
A universal retail structure with a net worth of $ 18 billion and an annual profit of $ 6 billion. The organization sponsors the activities of the Good Deeds, Vera social projects and collaborates with the Spartak Moscow football club. The Bank is part of the Otkritie group, which has a fully-functioning financial structure with assets in the amount of 2 trillion. The bank will receive $ 65 billion from the state.
3. Russian Agricultural Bank
The organization is in government ownership and has a net worth of $ 218 billion, with assets of $ 2 billion. The loan portfolio of the structure is 1 trillion. 270 billion. The Bank provides loans to small and medium-sized businesses and holds a leading position in lending to the agro-industrial complex. Since 2008, the total amount of loans issued amounted to 2.3 trillion. Caught in the list of 10 banks, which the state plans to rescue in the first place, the organization received aid worth $ 69 billion.
2. Gazprombank
One of the key organizations is Gazprombank, which is included in the list of 10 banks that will be saved by the state, thanks to a high level of capitalization of 272 billion. The annual profit is $ 34 billion, and the size of assets exceeds 3 trillion. The Bank operates in the gas industry and cooperates with individuals and legal entities. The organization sponsors the construction of the largest projects in the country:
- Blue Stream
- Yamal-Europe
- "The Power of Siberia"
The amount of state support is $ 125 billion.
1. VTB
A commercial organization 100% owned by the state and having its own capital in the amount of 950 billion. The bank's loss for the year is $ 800 million, and the size of assets reaches 12 trillion. Once in the list of 10 banks that will be saved by the state, the structure can count on $ 300 billion.
The organization actively cooperates with legal entities and individuals, participating in the implementation of all state social programs.