Fitch Ratings withdrew LT Int. Scale (local curr.) credit rating for AK BARS Bank on June 16, 2017 previously rated "B".
AK BARS Bank is listed amongst Russia’s Top-20 banks. It was rated 16th in terms of equity and 18th* in terms of assets out of all Russian banks (*according to ‘Profile’ magazine as of 01.08.2014).
On the 1st of September 2014, the authorised capital of the Bank amounted to 28.2 billion rubles (862.09 US$ million). AK BARS Bank (Open JointStock Company) is registered with the Central Bank of Russia and has been operating successfully on the Russian financial market since 1993.
AK BARS Bank is a universal bank which develops corporate, retail and investment businesses.
As of September 2014, the Bank’s network included 40 branches, 233 representative offices, 13 operational offices and 110 stand-alone cash desks operating in 30 regions of the Russian Federation.
|B2/Stable||LT- foreign currency||05/12/2017|
|B2/Stable||LT- local currency||05/12/2017|
|Withdrawn/||LT Int. Scale (foreign curr.)||06/16/2017|
|Withdrawn/||National Scale (Russia)||02/06/2017|
|Withdrawn/||LT Int. Scale (local curr.)||06/16/2017|
|Withdrawn/||National Scale (Russia)||03/18/2016|
|Withdrawn/||National Scale (Russia)||11/30/2009|
|Withdrawn/||National scale (Russia)||10/21/2016|