What Banks in Russia Were the Largest in 2016?

Based on a comparison of 19 banks in Russia in 2016, Sberbank was the largest bank by assets, followed by VTB Bank and Gazprombank.

Sberbank assets reached RUB 25,368,500 mil, down 7.19% when compared to the last year. Historically, the bank’s assets reached an all time high of RUB 27,334,700 mil in 2015 and an all time low of RUB 522,112 mil in 1995.

Comparing Sberbank with its closest peers, VTB Bank assets amounted to RUB 12,588,200 mil, Gazprombank operated with RUB 4,879,250 mil assets and Otkritie Financial Corporation Bank had total assets of RUB 2,702,750 mil.

Total assets of the Russian banking sector amounted to RUB 73,936 bil in 2016, down 3.93% when compared to the last year. As a result, the top ranked company - Sberbank accounted for 34.3% of the sector’s assets in 2016. The top 3 companies held a 57.9% share while the five largest firms some 64.9% in 2016.

You can see all the banks assets on the Total Assets indicator page or you can download a report on the Russian banks in the report section.