UniCredit Bank ranks second among the most reliable banks in Russia according to Forbes Magazine
The economic magazine Forbes published its traditional ranking 100 Reliable Banks 2020 based on 2019 results. UniCredit Bank took the 2nd place in the group of the most reliable financial institutions.
"UniCredit Bank has entered the list of the most reliable Russian banks for the twelfth time in a row and has been one of the leaders of the rating for several years. We are proud that traditionally high credit ratings and stable financial indicators support the Bank in taking the leading positions in such rankings. However, the main confirmation of the Bank's reliability for us is trust that our customers have placed in us for more than 30 years," says Mikhail Alekseev, Chairman of the Management Board of UniCredit Bank.
The ranking is based on data from international and Russian rating agencies that are accredited by the Bank of Russia, if there are several ratings the highest ratings were taken into account. Within each of the five reliability groups banks are ranked according to ratings and asset volume.