AK BARS Bank is the Official Bank of the Universiade 2013
The Executive Directorate for the 27th World University Summer Games in Kazan and AK BARS Bank signed a partnership agreement, according to which AK BARS Bank acquired a status of the General Partner of the 2013 Summer Universiade and became the Official Bank and Banking Services Supplier of the Games. The key contribution of the bank to the preparations and delivery of the 2013 Games, above all, will be the launch of payment infrastructure at the 2013 Summer Universiade venues (ATMs and self-service terminals), the issue of commemorative coins, the assistance in the implementation of the accreditation programme of Kazan 2013, and the issue of volunteer cards and multi-service bank cards for the participants, visitors and media of the Universiade.
The status of the General Partner of the 2013 Summer Universiade in Kazan proves that AK BARS Bank is one the most efficient financial institutions in Russia, has huge potential for development and makes its contribution to the sport victories of Russia. Harmony of interests is the rule the bank has been closely adhering to over all these years, and it guarantees convenient and updated services to its clients, as well as equal partnership relations and a mutually beneficial cooperation. AK BARS Bank will facilitate maximum comfort and convenience for all participants of the forthcoming student games.
Background information
OAO AK BARS Bank (open joint-stock company) was registered by the Central Bank of Russia and has been successfully operating in the financial market of Russia since 1993.
The bank has all types of banking licenses existing in Russia and offers more than 100 types of banking services to its corporate and private customers.
The stability of the bank is guaranteed by the paid-up capital in the amount of 28.2 billion rubles. The bank’s equity amounted to 35.6 billion rubles as of October 1, 2011.
AK BARS Bank is well known in the capital market due to the Eurobond issues and raised syndicated loans. AK BARS Bank cooperates with the largest international financial institutions from Germany, Switzerland, Austria, Italy, France, USA.
The branch network of AK BARS Bank rapidly expands. It has 20 branches in the Republic of Tatarstan, 23 branches in the largest cities of Russia, 157 sub-branches, 146 stand-alone cash desks, 9 operational offices, and 1 mobile cash transactions station.
AK BARS Bank enters the top 20 largest financial institutions in Russia. It is rated 17th in terms of equity and 18th in terms of assets.
