OREANDA-NEWS. As of the 21st April united bank under the brand of "Absolut" has started to operate. As it was planned earlier, the deal with integrating KIT Finance to Absolut Bank has finished in the first half year of 2014.

We would like to remind, that the final decision regarding "Absolut bank" reorganization by annexing to it "KIT Finance", was taken by the shareholders on the 30th December 2013.

"After the integration, Absolut Bank plans to develop in all regions of presence as a universal bank. Priority business focuses are: providing services to corporate and medium-sized business clients, retail business development, focusing on mortgaging and providing services to affluent clients", - comments the CEO of Absolut Bank Andrey Degtyarev.

By the end of 2014, Absolut Bank is planning to join top 30 Russian Banks by assets, size of which, as expected, will exceed 25-26 bln RUR.

CB "Absolut Bank" (JSC) is a universal Bank founded in 1993. Shareholder - JSC "United credit systems" affiliated structure of non-State pension fund "Blagosostoyaniye".

It is running successfully in 15 regions of Russia: Moscow and Moscow region, Saint Petersburg, Chelyabinsk, Perm, Ekaterinburg, Samara, Kazan, Nizhny Novgorod, Rostov-na-Donu, Krasnodar, Novosibirsk and Omsk.

Absolut Bank is at the 11th place in top-100 of Russia's most reliable banks, by the opinion of business magazine "Profile".