Lying astride the Volga and Kama rivers some 800 kilometres east of Moscow, Tatarstan is not the first place one might expect to find one of Russia’s most dynamic banks. Yet this small constituent republic of the Russian Federation has big ambitions for its banking sector, and leading the charge is Ak Bars Bank (ABB).
“We aim to be one of the top 10 banks in Russia by 2010, orientated mainly towards retail banking and with an extensive network of branches across Russia,” says ABB chairman Robert Minnegaliev.