The traditionally Russia-dominated central and eastern Europe (CEE) rankings have seen some changes in 2016. While capitalisation at many Russian banks fell – with the region's largest lender, Sberbank, losing more than $5bn – an additional two banks from the country have made it into the regional Top 25. Indeed, all Russian banks now included in the Top 1000 have sufficient Tier 1 capital to be among the Top 25 CEE banks, though the overall number of Russian banks in the global ranking fell from 19 to 11.
Russian banks were affected by rouble depreciation of 22.81% against the dollar, although some banks nevertheless improved their capital base, led by Credit Bank of Moscow (17.37%), B&N Bank (15.87%) and Otkritie FC (3.88%), all of which benefited from consolidation in the Russian banking system. This led to Credit Bank of Moscow rising five places to 14th in the CEE table, B&N entering the Top 25 and Otkritie FC climbing one place to seventh at the expense of Rosselkhozbank, which lost $1.05bn in capital. Ranks one to six remained unchanged.