Otkritie FC Bank

PJSC "Bank Otkrytie Financial Corporation" or Otkrytie FC Bank is one of Russia's largest full-service commercial banks. It has more than 440 offices of different formats in Russia. It was co-founded by Igor Finogenov, now CEO of the Eurasian Development Bank.Otkrytie Bank ranked 1st among privately owned banks and 4th by assets among banking groups in Russia. In August 2017, Otkrytie was bailed out by the Central Bank of Russia, at a cost to the state of over $8 billion. The central bank later described Otkrytie's capital as "largely fictitious".