The Leader in Forbes Ranking of Reliable Banks in Russia Has Changed
When compiling the list, the authors took into account the data of international (S&P, Moody's, Fitch) and Russian (ACRA, Expert RA) rating agencies accredited by the Central Bank. As a result, banks were divided into five reliability groups.
The first group with the highest degree of reliability included the largest Russian state-owned banks and subsidiaries of foreign banks - 25 credit organizations with ratings on the international BBB and BBB- scales and ratings on the national AAA scale. The third (after Raiffeisenbank and Unicredit) place, as in 2019, was Rosbank. Sberbank took the fourth row, and Citibank took the fifth. The top ten also included ING Bank (Eurasia), Nordea Bank, HSBC Bank (HSBC's Russian subsidiary), SEB Bank and Bank of China (subsidiary Bank of China).
The second group of reliability included 20 banks with ratings on the international scale BB+ and BB, on the Russian scale - AA+ and AA. As the magazine notes, the sustainability of these lending institutions depends largely on a favorable business environment. Among them are Alfa-Bank, Sovcombank, Moscow Credit Bank, Tinkoff Bank and others.