The Bank was established by private shareholders in 1993 and today has IFC participance in its capital. Our clients are medium and small enterprises, as well as middle class individuals. Absolut Bank provides wide range of corporate and retail banking services in 13 Russian region through 43 offices including Moscow and Moscow region, St. Petersburg, Ufa, Omsk, Chelyabinsk, Kazan. By the end of 2008 Bank is going to launch more than 80 offices in 20 Russian regions.
Absolut Bank is leader in the Trade Finance market in the segment of medium-sized Russian businesses and was awarded by EBRD as Most Active Russian Bank in Trade Facilitation Program 2006. The Bank's stable growth in general as well as positive results in corporate lending and trade finance in particular can be attributed to a high achievements in International Market. In 2007 Absolut Bank joined KBC Group that is one of the largest financial group in Europe.