Otkritie FC Bank

Bank Otkritie Financial Corporation
Native name
ПАО Банк «Финансовая Корпорация Открытие» (Банк «ФК Открытие»)
FormerlyNOMOS-Bank
Company typePublic Joint-Stock Company
LSE: OFCB, MCX: OFCB
IndustryBanking
FoundedDecember 15, 1992 (1992-12-15)
Headquarters,
Key people
Mikhail Alekseev (CEO)
ServicesFinancial services
Revenue$3.76 billion (2017)
$758 million (2016)
$22.4 million (2016)
Total assets$40.3 billion (2016)
Total equity$3.46 billion (2016)
OwnerVTB Bank
RatingBa3 (Moody's), BB− (S&P) (2017)
Websiteopen.ru

PJSC "Bank Otkritie Financial Corporation" or Otkritie FC Bank (Russian: Банк «ФК Открытие», translates as opening or discovery) is one of Russia's largest full-service commercial banks. It has more than 440 offices of different formats in Russia. It was co-founded by Igor Finogenov, now CEO of the Eurasian Development Bank.

Otkritie Bank ranked 1st among privately owned banks and 4th by assets among banking groups in Russia. In August 2017, Otkritie was bailed out by the Central Bank of Russia, at a cost to the state of over $8 billion. The central bank later described Otkritie's capital as "largely fictitious".