Otkritie Holding

Otkritie Holding (Russian: Открытие Холдинг), formerly Otkritie Financial Corporation (Otkritie FC) and Otkrytiye investment group, is a Russian private financial group established in 1995 as VEO-Invest company.

As of 2016 Otkritie Holding is Russia's largest private financial group,[1] and ranks among Russia’s 35 largest corporations according to RBC 500.[2][3]

Subsidiaries and shareholdings

The group consists of Otkritie FC Bank (66.64% as of 2017), Otkritie Capital, Otkritie Broker, Otkritie Asset Management, Arkhangelskgeoldobycha (diamond miner) and it also holds minority stakes in top companies in their segments of the financial market: Baltic Leasing, Qiwi, Lukoil-Garant Non-State Pension Fund, Non-State Pension Fund of the Electric Power Industry, and RCB Bank (Cyprus).[3] The group is acquiring Rosgosstrakh at the moment.[4] Otkritie has sold its 19.8 per cent stake in Cypriot bank RCB.[5]

Owners

Otkrytiye Holding Shareholder Structure:[3]

History

Otkrytiye bank (1992-2014)

Bank Otkrytiye,[6] formerly Russian Development Bank (Russkiy Bank Razvitiya), was a Russian commercial bank in 1992-2014,[7][8] a part of Otkrytiye Holding.

In 2014, Otkritie Bank and Novosibirsk Municipal Bank are merged into the Bank of Khanty-Mansiysk and the resulting bank is named Khanty-Mansiysk Otkritie Bank.[9]

Khanty-Mansiysk Otkritie Bank (1992-2016)

Khanty-Mansiysk Otkritie Bank,[10] formerly Khanty-Mansiysk Bank,[11] was a Russian commercial bank in 1992-2016,[12][13] a part of Otkrytiye Holding. Otkritie Holding completed the legal takeover of Khanty-Mansiysk Otkritie Bank by Otkritie FC Bank in 2016.[14]

References

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