AK BARS Bank
AK BARS Bank raised Sharia compliant financing for Tatarstan
AK BARS Bank / Key word(s): Miscellaneous AK BARS Bank raised Sharia compliant financing for Tatarstan AK BARS Bank raised US$ 100 mln. within Islamic finance for Tatarstan region provided by a group of international banks. The documentation was signed on 30 December 2013. Background AK BARS Bank (Fitch «ВВ-», Moody’s «B1») is the largest bank headquartered in the Republic of Tatarstan offering over a hundred banking services to corporate and retail customers. The Bank is listed among Russia’s Top-20 financial institutions ranking 17th by equity and 19th by assets (according to ‘Profile’ magazine as of November 1st, 2013). As of 1 December 2013, the Bank’s branch network included 44 branches and 353 other offices. More than 2.7 mln. retail customers and over 52,000 corporate clients use the Bank’s services. AK BARS Bank is the leading bank in the region representing 38% of the total assets and 50% of the total equity capital in the banking sector of the Republic of Tatarstan (as of October 1, 2013). For more information please refer to the Bank’s IR page http://www.akbars.ru/en/investors/ Contact information
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Language: | English | |
Company: | AK BARS Bank | |
Dekabristov str. | ||
42066 Kazan | ||
Russia | ||
Phone: | +7 (843) 519-39-99 | |
Fax: | +7 (843) 519-39-99 | |
E-mail: | kanc@akbars.ru | |
Internet: | http://www.akbars.ru | |
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