Gazprombank

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.

Gazprombank
Native name
Газпромбанк
Company typePublic company
IndustryFinancial services
Founded1990 (1990)
Headquarters
Moscow
,
Russia
Key people
Andrey Akimov (CEO)
Alexei Miller (Chairman)
ProductsFinancial services
Revenue392,479,000,000 Russian ruble (2017) 
 RUB 229.1 billion (2020)
Net income
 RUB 56.0 billion (2020)
Total assets RUB 7.530 trillion (2020)
Total equity RUB 739.3 billion (2020)
OwnersGazprom (46.02%) (2019)
Number of employees
12,700 (2013)
SubsidiariesGazprom-Media
RatingBa2 (Moody's), BB+ (S&P), BB+ (Fitch) (2017)
Websitewww.gazprombank.com

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.

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