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Russia's Sberbank ranks 82nd among world's largest banks '05

"Prime-TASS", 12.07.2006

Russia's largest bank, Sberbank, ranked 82nd among the world's largest banks in 2005, in accordance with the ratings of The Banker magazine, Russian business daily Vedomosti said Tuesday.

The Banker is part of the Financial Times Group.

The Financial Times is also one of the shareholders of Business News Media, the publisher of Vedomosti.

Sberbank also ranked 17 among the 25 largest banks in Central and Eastern Europe, according to The Banker's ratings. In 2004 Sberbank was 138th in the Banker's ratings, Vedomosti said. Below are other Russian banks included in The Banker's ratings of the world' largest banks in 2005, as published by Vedomosti:

Place

Bank

Capital in billions of U.S. dollars

82

 Sberbank

7.477

122

Vneshtorgbank

4.927

254

Gazprombank

1.790

369

International Industrial Bank

1.097

437

Alfa Bank

0.852

511

Rosbank

0.689

513

MDM Bank

0.688

516

Bank of Moscow

0.682

581

Vnesheconombank

0.573

638

National Reserve Bank

0.483

659

NOMOS-Bank

0.462

699

Russian Standard Bank

0.420

725

Globexbank

0.388

729

Rosselkhozbank

0.383

731

Promsvyazbank

0.383

744

UralSib Bank

0.373

801

AK Bars Bank

0.325

819

Petrocommerce Bank

0.307

869

Internationals Moscow Bank

0.277

881

Rossiyskiy Kredit Bank

0.270

901

Evrofinance Mosnarbank

0.263

923

Zenit Bank

0.251

Citibank and Raiffeisenbank Austria, Russian subsidiaries of U.S. Citigroup and Austria's Raiffeisenbank banking group, have also been included in The Banker's rating, Vedomosti said, without providing their places.

The Banker rated the following Russian banks using financial results for 2004: MDM Bank, Bank of Moscow, Vnesheconombank, National Reserve Bank, UralSib Bank, Citibank, AK Bars Bank, Bank Petrocommerce, Internationals Moscow Bank, Raiffeisenbank Austria and Zenit Bank, Vedomosti said.

The major gauge for The Banker's ratings is first tier capital, which is charter capital plus undistributed profit.


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