The reliability of a credit institution depends on many factors: the amount of equity capital, the quality of the loan portfolio, etc. Therefore, the most correct way to determine the stability of the bank is not subjective assessments and customer reviews, but the rating of an international agency( Fitch, S & P, Moody's).
Today's top ten included the most reliable banks of Russia in 2014 .Leading positions were taken by subsidiaries of foreign financial companies, followed by banks with government participation. State-owned banks turned out to be lower than foreign "daughters", becausetheir security, according to international rating agencies, is limited to the country rating of the Russian Federation.
We offer to study the list of the most Unreliable banks in order to secure their savings. We also prepared an updated list of the most reliable banks in Russia in 2015.
Contents:
- 10. SME Bank( S & P - BBB)
- 9. ING Bank( Moody's rating - Baa2)
- 8. Unicredit Bank( S & P - BBB)
- 7. VTB24( Moody's rating - Baa2)
- 6. VTB Bank( S & P - BBB)
- 5. Sberbank( Fitch - BBB)
- 4. Credit Agricole Kib( Fitch rating - BBB +)
- 3. HSBC( Fitch rating - BBB +)
- 2. Nordea Bank( Fitch rating - BBB +)
- 1. Citibank( Fitch rating - BBB +)
10. SME Bank( S & P-BBB)
The Bank ranks 45th in assets, 30th in terms of assetsamount of capital. At the same time SME Bank has one of the highest capital adequacy indicators - 22.9%.The BBB rating by Standard & Poors means sufficient ability to meet financial obligations, but greater sensitivity to unfavorable economic conditions.
9. ING Bank( Moody's - Baa2)
ING ranks 29th in the Russian Federation in terms of assets and 23rd in terms of capital. The Baa2 rating means that the bank is exposed to moderate credit risks. At the same time, a high percentage of capital adequacy is indicative of the stability of the credit organization - 22.8%.
8. Unicredit Bank( S & P - BBB)
The Bank is among the top ten largest assets, occupying the ninth line. Efficiency of activity is estimated by return on equity at 20.3%.
7. VTB24( Moody's - Baa2)
VTB Bank's subsidiary is the fourth in Russia in terms of assets and sixth in terms of capital. State participation in the case of international ratings plays against the bank - because of the decline in the overall rating of the Russian Federation, VTB 24 can change the Baa2 rating to less reliable.
6. VTB Bank( S & P - BBB)
The bank ranks second, both in terms of assets and capital. Of the dozens, VTB has a rather low capital adequacy ratio of 12.4%, but high stability is fully secured by the state.
5. Sberbank( Fitch rating - BBB)
The leader of the Russian banking market in terms of assets and capital has a BBB rating, which, by Fitch methodology, means good creditworthiness and low expectations of credit risk experts, but the reliability of the state bank of Russia is not perfect.
4. Credit Agricole Kib( rating Fitch - BBB +)
The smallest bank in the top ten most reliable is only 96th in terms of assets. At the same time, the bank has the highest level of creditworthiness - 39%.And belonging to one of the leading financial groups in Europe( Credit Agricole Group) adds to the credit organization's attractiveness in the eyes of experts.
3. HSBC( Fitch rating - BBB +)
The Bank ranks 85th in terms of assets and 70th in terms of capital. The credit organization is the "daughter" of one of the world's largest financial holdings - HSBC Holdings plc.
2. Nordea Bank( Fitch rating - BBB +)
"Daughter" of the Scandinavian banking group of the same name ranks 25th in terms of both assets and capital. The main source of the bank's resources is the funds of the "parent" organization. The bank is recognized as the most reliable in 2015 according to the Forbes edition.
1. Citibank( Fitch - BBB +)
The most reliable Russian bank , according to international rating agencies, ranks 19th in terms of assets. The founder of the bank is the American group Citigroup. In July 2014, Fitch agency rated the outlook for Citibank's rating as stable.