Chairman’s Message
Valery Sorokin
Chairman of the Board of Directors of Ak Bars Bank
Dear shareholders, partners and clients!

2018 is the Jubilee year for Ak Bars Bank. In November, Tatarstan’s major bank is celebrating its 25th anniversary.

Ak Bars Bank is a part of evolving Russian banking landscape, as a member of a wide range of professional associations and working groups within several perspective industry areas.

Through these hard times for the Russian banking system, Ak Bars Bank keeps holding its positions steadily. According to the results of the last year, profitability ratios versus the year before increased 1.6 times. We see a continuous increase in all core business segments. It is our clients’ trust that enables us to meet the challenges successfully. Our clients and partners see Ak Bars Bank as an honorable and reliable financial partner.

The Bank’s Development Strategy for 2017- 2021 identifies its innovative path determined by the global changes and digital transformation. Following the established track, Ak Bars Bank maintains commitment to devoted principles of responsibility for the results and quality.

Throughout the anniversary year, we continue strengthening and developing services for the benefit of every client and partner. You are the key value for our Bank. I would like to thank you for your trust and fruitful cooperation!

Zufar Garaev
Chairman of the Management Board of Ak Bars Bank
Dear shareholders, partners and clients!

Last year Ak Bars Bank entered the first stage of its Development Strategy for 2017-2021. Applying latest digital technologies, we developed new financial products for private and corporate customers within short timeframes, diversified online services implementing advanced solutions to optimize processes.

The Ak Bars Evolution debit card became one of the flagships in the bank cards segments with cash-back in Russia. The new version of Ak Bars Online mobile banking is a combination of reliable electronic wallet, indispensable financial assistant and convenient service for instant fund transfer.

Our clients highly rated the quality of the contractor check service, fast execution of online bank guarantee for business, option for remote brokerage account opening and personal investment account, along with other digital solutions. Ak Bars Persona was awarded as the Best Regional Bank in Russian Private Banking 2017 according to Frank Research Group.

The Bank is developing a financial ecosystem adapted to predict and satisfy a wide range of the clients’ needs.

Particular attention is paid to the Ak Bars Bank employees’ professional competence and strengthening corporate culture. I believe, well balanced and properly developed business processes within the organization bring up motivation for the team’s highest achievements.

Current extended transformation within the Bank implies qualitative change. We are committed to become our client’s lifestyle partner. In the age of technological revolution, we are focused on future banking — fast, efficient and convenient in all respects. On behalf of the Ak Bars Bank Management Board we would like to thank you for supporting our values and committing to our success.