Gazprombank

Gazprombank

Complex of Gazprombank buildings on Ozerkovskaya embankment in Moscow
Native name	Газпромбанк
Company type	Public company
Industry	Financial services
Founded	1990; 34 years ago (1990)
Headquarters	Moscow , Russia
Key people	Andrey Akimov (CEO) Alexei Miller (Chairman)
Products	Retail banking corporate banking investment banking insurance private banking private equity mortgage loans credit cards investment management wealth management asset management mutual funds exchange-traded funds index funds
Revenue	392,479,000,000 Russian ruble (2017)
Operating income	RUB 229.1 billion[1] (2020)
Net income	RUB 56.0 billion[1] (2020)
Total assets	RUB 7.530 trillion[1] (2020)
Total equity	RUB 739.3 billion[1] (2020)
Owners	Gazprom (46.02%) (2019)[2]
Number of employees	12,700 (2013)
Subsidiaries	Gazprom-Media
Rating	Ba2 (Moody's), BB+ (S&P), BB+ (Fitch) (2017)[3]
Website	www.gazprombank.com

Gazprombank (Russian: Газпромбанк), or GPB (JSC), is a private-owned Russian bank, the third largest bank in the country by assets. Since November 2014, Yuri Shamalov's Gazfond is its largest shareholder. Gazprombank is one of the main channels for payments for Russian oil and gas.^[4]

The bank’s principal business areas are corporate banking, retail banking, investment banking and depository services. Its banking activities also include securities trading, foreign exchange operations, precious metals operations, clearing operations and settlement services.

The bank has a distribution network of 43 branches and over 260 banking outlets located throughout the Russian Federation. GPB also has ownership interests in three other Russian banks. In addition, Gazprombank is represented in the market of Belarus through ownership interests in foreign bank: Belgazprombank (Belarus). Gazprombank (Switzerland) Ltd announced it was ceasing to trade in October 2022. Gazprombank also has representative offices in Mongolia, China and India.