SKB-Bank hits Russia’s top hundred largest banks list made by Finance magazine

Finance magazine looked at the results of Russian banks’ activity over the ten months of 2006 and compiled a rating based on the volume of the working assets (it had to be over $100m).

There are currently 278 banks in Russia that meet the requirements of this magazine’s rating, with 40 banks joining the list as recently as this year. The assets of these banks have grown by 31% (up to 10.5 trillion RUR) since the beginning of 2006.

According to the magazine, the working assets of SKB-Bank have gone up 48% since the beginning of the year and reached the point of 15.259bn RUR, which made it Russia’s 84th largest bank.


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