10 most reliable banks in Russia

While the global and Russian economies are in a state of shock, Tinkoff is showing very good results. We offer a mini-analysis of ratings for May: assets increased by 4.4% to 667,182 million rubles, net assets - up to 672,123.7 million (+ 4.48% and moving up one line in the ranking according to reports from the website Central Bank), while deposits increased to 196,370 million (+4.5%).

The current report on financial results for the first quarter of this year from TCS Group Holding PLC has already been published. Chairman of the Board Oliver Hughes spoke about the growth of net profit by 26% to 9 billion rubles and the opening of a million new accounts, including due to the migration of customers from RocketBank. Even during the period of adaptation to new conditions, the return on equity is 37.5%, which is one of the best values ​​in the world. A comfortable capital adequacy ratio is expected for the remainder of the year and a stable overall loan portfolio.

In terms of assets, PostBank closes the top twenty financial institutions in Russia and only slightly loses its former positions (according to the results of May, it became 519,998 million rubles, and 1.8% per month was taken away in percentage terms).As for deposits, the situation is developing even more rapidly - the bank loses ‒4.8% in May, “sliding” to 205,314 million rubles. And on net assets, the statistics are not encouraging: there was a drop of 1.70% from April to May. In simple words, if we calculate what remains of the property after the bank repays all obligations, the amount is 512,713,111 thousand rubles.

This is not critical, and Post Bank remains at its usual 24th place in the net assets rating, but the trend is unpleasant for such a large financial institution. The advantages of the company are revealed in a wide range of investments. So, you can invest in gold, life insurance, mutual funds or federal loan bonds for the population (income up to 7.35%, reliability is confirmed by a state guarantee of a refund).

Sovcombank has finally entered the top ten in terms of net assets, displacing Raiffeisenbank. As of the end of May, there is ‒32,963,008 thousand rubles, that is, an outflow of net assets by 2.32% was recorded, compared with April data. Also today, the indicators of deposits for individuals fell slightly to 389,898 million rubles, or minus 0.1% / month - the bank continues to hold the 8th position in the deposit list.

In terms of net profit, an unprecedented breakthrough was made at the end of spring: +309.76% and +42 positions in the overall standings in Russia. Return On Equity (ROE) shows what percentage of return an investor will receive. In banking, the best ROE ratios are about 2 times the deposit rate. If we compare, then indeed, Return On Equity is 23.8%, and the rate is 6.25%.The reliability of capital is confirmed by the adequacy ratio of 14.7% (according to the norms of the Central Bank, it is necessary to provide at least 8%).

All last year, well-known agencies (Moody's, Expert RA, ACRA) raised Otkritie in their ratings, and in July 2019, the Central Bank completed the financial recovery procedure. Today, the bank shows good growth in terms of financial attractiveness. May net assets increased by 0.16% (in monetary terms, they correspond to +4,268,067 thousand rubles per month and in total - 2,723,185,052 thousand). Assets are stable, remain unchanged. As for deposits, experts are forced to state a decline to 620,420 million rubles. or ‒2.9%/month. In the current situation, this fate overtook almost all leading banks.

The Central Bank classifies FC Otkritie as a systemically important credit institution. The Bank of Russia is also a key shareholder (by 99.99%), and this is already a serious guarantee of the reliability of deposits. The map of presence on the territory of the Russian Federation is constantly expanding: now it includes 73 regions, 244 cities, 615 offices and 5 thousand ATMs.

Until now, Credit Bank of Moscow has actively attracted investors and boasted a tripling of its market share over the past five years. The American business magazine Forbes, one of the publications shaping the economic agenda, last year placed the institution in the first position among Russian credit institutions in the World's Best Banks rating.And in terms of service level, MKB is very good: in the TOP-10 on the Banki.ru portal and named the best banking service in the Russian Federation according to the Euromoney Cash Management Survey.

However, today the position of the financial institution has partially shaken. Spring net assets fell by 6.51% to RUB 2,705,369,187 thousand. (statistics for May on the website of the Central Bank according to the results of reporting). Assets sank by 5.9% over the month to the level of 2,665,124 million rubles. And the deposits of individuals show a negative trend of -1.1% per month, but if you look at the top twenty leaders, this is a good indicator.

Alfa-Bank is considered one of the largest private banks. At the same time, it is systemically important for the Russian banking sector. Today's capital is 562 465 965 000 rubles - Alfa-Bank almost caught up with the next highest rating institution. But so far, he lacks resources, even though he has increased the level of capital by 32.2% over the past 3 years. The bank's assets as of May 2020 are 4 062 135 485 000 rubles. For 12 months they have grown, and this trend continues for several years, so there is no doubt about the stability of the bank.

But the profit of Alfa-Bank is not too encouraging - in a month it amounted to 104 314 015 000 rubles is 26.04% less than in the past, but in monetary terms it overtakes many participants in the rating. The slow but steady increase in the amount of personal capital and assets of the bank over the past year suggests that this trend will not continue for a long time, and soon Alfa-Bank may well be seen on a higher rung of the top.

Rosselkhozbank is a bank with 100% state participation. Simply put, it is wholly owned by Russia. Thanks to competent management and good capital, it maintains a level corresponding to the rank - according to the ratings of the Central Bank, today it is in sixth place in terms of capital and assets. In terms of income, unfortunately, it is only in nineteenth place, but this does not matter - they are slowly but surely growing.

And now more specifically. The capital of Rosselkhozbank as of May 2020 amounted to 496,244,391,000 rubles. It noticeably loses to the leading organizations of the country, but is able to compete for its own place. But the level of profit for the last month at the institution is not the highest - 2 182 862 000 rubles, which is noticeably lower than that of other organizations - according to this indicator, Rosselkhozbank takes off from the TOP-10, ranking 23rd. But he gained assets on 3 662 500 285 000 rubles. So do not expect Rosselkhozbank to quickly lose ground.

Opens the top three banks with state participation by 35.5%. Gazprombank is an institution that seeks to actively develop and increase its client base. He has not left the TOP-3 for quite a long time, but still does not compete with the obvious leaders. Capital 731 598 588 000 rubles is noticeably less than the first two places in the top, but it is gradually growing and allows you to confidently stay afloat and provide guarantees to customers. And if you consider that this is another bank with state participation, then a very attractive picture emerges.

The amount of assets is impressive - 7 040 497 326 000 rubles - and emphasizes the stability and success of the institution.In addition, they are growing, so the institution clearly does not intend to stop developing. For this month, Gazprombank's profit was at the level 17 912 841 000 rubles. Compared to last month, it increased by 118,53%. This is more than all other banks in the rating. The institution is actively earning and becoming more reliable and successful every day. So deservedly takes third place and opens the ranking of winners.

Vice-leader of the top of the Central Bank with 60.9% state participation, not inferior to the well-deserved "silver" for many years. Today, VTB easily retains its place due to almost the same extensive network of services for citizens as Sberbank, competent management and cooperation with large businesses. Almost the most successful and reliable bank in Russia, but still inferior to the main financial institution of the country - the amount of capital amounted to 1 725 803 765 000 rubles. But it is actively growing, perhaps soon the first and second places in the ranking will have to be changed.

VTB assets inspire respect - the bank's balance sheet includes 15 311 636 223 000 rubles. Compared to April 2020, they have not changed much, but the institution continues to actively develop and accumulate funds, including from the money of depositors. VTB has surpassed all rating banks in this parameter. Profit for the last month was 50,791,100,000 rubles, which is 31.95% more than the previous one. The bank is increasing its turnover, so that its clients definitely do not need to fear for their deposits in the next few years.

Sberbank deservedly occupies the first place in the Central Bank rating today and does not plan to move from it in the coming years. The most famous and popular bank in Russia confidently holds the title of the best in all respects, from capital size to customer reviews. This institution is 52% owned by the state and is systemic, that is, even in the event of a terrible crisis, the government will strive to support Sberbank. However, he does not need this - a capital of more than four trillion (or more precisely, then 4 675 646 947 000 rubles) will cope with any problem.

In addition to the best capital ratios, Sberbank also has the largest assets - 31 081 925 636 000 rubles. That is, people willingly trust the institution with their money, open deposits, and so on, and the institution itself competently uses any funds at its disposal. In addition, the volume of assets increased by 0.28% over the month. Net profit for the month amounted to 11 497 277 000 rubles, which is also the best figure in the country, and exceeded the figure of the previous month by 5.26%. Therefore, there is no reason not to trust the bank.