Banks and Banking Hours


Banks in the country are normally open from 9:30 am to 5:30pm Monday to Friday. Numerous foreign banks are available in big metropolises of Russia in which most foreign business and employees use for their local banking needs. Listed below are some well-known banks in the country.

  1. Central Bank of Russian Federation- also known as the Bank of Russia. This central bank is founded on July 13, 1990. Central Bank of Russian Federation has headquarters in Moscow, Russia with Sergie Ignatiev as the Chairman.

  2. International Industrial Bank- founded in 1992, International Industrial Bank is one of the biggest banks in Russia in terms of main financial ratios. In addition, it is included in the rank of Top 1000 World Banks in which it landed in the 369th place published by The Banker, one of the most respectable British magazines.

  3. Alfa Bank- with more than 200 branches in the entire country and dubbed as one of the largest private commercial banks in the nation with headquarters in Kalanchevskaya Street in Moscow. According to atbank.nl as quoted in wikipedia.com, it is the only Russian affiliated bank.

  4. Rosbank- a Joint Stock Company type that is named as the 8th biggest bank in the nation in terms of assets. This Russian commercial bank is a member of Société Générale, a French group. It was founded in the year 1993 and with headquarters in Moscow, the capital city of Russia.

  5. VTB Bank- formerly known as Vneshtorgbank, VTB Bank is the largest bank in Russia by authorized capital. This leading universal bank in Russia has reported assets of $52 billion as of April 10, 2007 up to $36.7 billion in December 2005.

  6. Evrofinance- created in 2003, this large Russian bank is based in Moscow, Russia. It is the result of the merging of Evrofinans and Mosnarbank. The bank was founded in 1993.

  7. Russia Bank- this Russian joint stock bank has headquarter in St. Petersburg, Russia. Russia Bank was founded on June 27, 1990.

Reference:


http://www.whererussia.com/shopping.html
http://www.expatfocus.com/expatriate-russia-banking
http://en.wikipedia.org/wiki/Central_Bank_of_Russia
http://en.wikipedia.org/wiki/International_Industrial_Bank
http://www.iib.ru/eng/about/
http://en.wikipedia.org/wiki/Alfa-Bank
http://alfabank.com/russia/
http://en.wikipedia.org/wiki/Rosbank
http://en.wikipedia.org/wiki/VTB_Bank
http://en.wikipedia.org/wiki/Evrofinance
http://en.wikipedia.org/wiki/Rossiya_Bank