Gazprombank

What Gazprombank does

Gazprombank (Bank GPB (JSC)) is one of Russia's largest diversified financial institutions, founded in 1990 and operating as a subsidiary of PJSC Gazprom. The bank provides a comprehensive suite of banking and financial services across six primary customer segments: retail/individual banking, small and medium business, large corporate, private banking/high net worth, financial institutions, and investors. As of 3M 2026, Gazprombank reported total assets of RUB 17,366.9 billion, total equity of RUB 1,427.7 billion, and net profit of RUB 64.8 billion, serving over 5 million individual customers and approximately 196,000 legal entities.

The bank operates a hybrid distribution model anchored by an extensive physical network of over 480 offices across all major Russian regions, complemented by a multi-channel digital ecosystem including the GPB Mobile app, GPB Business Online platform, internet banking, GPB-i-Trade (QUIK-based) brokerage terminal, and dedicated corporate client-bank systems. Its product architecture spans deposit and savings products (including high-yield accounts at up to 14-15.5% annual), consumer and mortgage lending, debit/credit/premium cards (Mir, Mastercard, Visa, JCB co-branded), investment services (brokerage, IIS tax-advantaged accounts, mutual funds, precious metals), insurance, leasing, factoring, and full-service investment banking including project financing and bond underwriting. Adjacent ecosystem services include Gazprom Pay (contactless payments), GorodPay (transit), Gazprombank Mobile (MVNO), loyalty programs (Gazprom Bonus), and representative offices across five non-Western jurisdictions (Kazakhstan, China, Mongolia, India, Uzbekistan).

The bank monetizes through a multi-stream revenue model combining net interest income from lending activities, transaction-based commission income from payments and brokerage, subscription/recurring fees from private banking, asset management, and premium services, and transaction fees from corporate banking including investment banking, underwriting, and syndicated financing. Geographically, operations are concentrated in Russia with international footprint limited to representative offices, reflecting constraints from sanctions and the Russian government's counter-measures restricting transactions with securities from "unfriendly countries."

Name

Gazprombank

Legal name

Банк ГПБ (Акционерное общество)

Website

https://gazprombank.ru

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

Gazprombank is a top-tier Russian universal bank offering retail, corporate, SMB, private banking, and investment banking services to over 5 million individuals and 196,000 legal entities via 480+ branches and digital platforms.

Ownership category

akta.pro rank

Product category

Diversified Banking Services

NAICS

Depository Credit Intermediation (5221), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (52394), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

National Commercial Banks (6021), Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282), Life Insurance (6311)

akta.pro primary industry

SME Sector/Specialty Banking (Vertical-focused: Healthcare, Agri, Tech, etc.) (FSABABAI)

Keywords

• Commercial banking services
• Retail banking products
• Investment banking services
• Corporate lending finance
• Private banking wealth management

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income: Traditional banking interest income from lending activities including consumer loans, mortgages, auto loans, and corporate lending. The bank offers various credit products with interest rates.
2. Commission Income: Fees from payment card services, wire transfers, account maintenance, and other banking services.
3. Brokerage Services: Brokerage commission income from securities trading, investment consulting, and Individual Investment Account (IIA) management.
4. Asset Management: Fee income from managing investment portfolios, trust management, and open-ended mutual funds.
5. Premium Banking Services: Fee income from premium and private banking services including dedicated advisory and exclusive card products.
6. Corporate Banking Services: Investment banking fees, underwriting commissions, project financing fees, and syndicated lending fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels8 records

Marketing channels7 records

Core offering

Gazprombank is a diversified Russian financial institution that provides a full range of retail, private, corporate, and investment banking services. Core offerings include retail deposits, debit/credit/premium cards, consumer and mortgage loans, brokerage and asset management, corporate cash management and lending, project and syndicated financing, investment banking underwriting, custody, factoring, leasing, and insurance. Banking operations are delivered through over 480 branches, dedicated corporate relationship managers, internet banking, and the GPB mobile and GPB-i-Trade (QUIK) platforms.

Product overview

Gazprombank operates as a diversified financial institution offering a comprehensive banking ecosystem across retail, private, corporate, and investment banking segments. The product portfolio spans digital banking platforms (ГПБ Бизнес-Онлайн, Интернет-банк, мобильное приложение), card products (debit, credit, and premium Mir Supreme/Mastercard cards), savings and deposit products (including the high-yield Доходный account at 14%, рублевые and валютные deposits, and the Перспективные сбережения combined product), lending solutions (personal loans, home equity, auto financing, mortgages including Семейная and IT-specialist programs), investment services (brokerage accounts, ИИС tax-advantaged accounts, GPB-i-Trade terminal, money market funds, precious metals), insurance products, and specialized corporate services (merchant acquiring, salary projects, currency control, project financing, investment banking). The bank also operates adjacent services including Gazprom Pay contactless payments, GorodPay transit payments, Газпромбанк Мобайл MVNO, and loyalty programs (Газпром Бонус). Premium services are delivered through Private Banking with exclusive cards and concierge support.

Differentiator

Problem solved

Functional benefit

Brands

• Газпромбанк Инвестиции: Personal broker service offering brokerage accounts, investment products, and financial advisory
• Газпромбанк Мобайл
• Газпромбанк Про Финансы
• Газпромбанк Аналитика
• Газпромбанк База Знаний
• Газпромбанк Travel
• Газпромбанк.Тех
• Gazprom Pay
• GorodPay
• Газпром Бонус
• Газпром Бонус Плюс
• #МЕГАИГРОК
• ГПБ Бизнес-Онлайн
• GPB-i-Trade
• Брокер-Клиент
• ГПБ Брокер
• GPB Mobile
• Система Клиент-Банк
• Газпромбанк Лизинг
• Private Banking

Products and services

• Debit Cards (Дебетовые карты)

Quantifiable outcome

• RUB 17,366.9 billion total assets as of 3M 2026
• +2 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability3 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• China Chengxin Green Finance Technology (CCXGF)coreStrategic or Co-development Partner · 28 November 2023Chinese verification agency that verified Gazprombank's green bond issue to comply with ICMA Green Bond Principles and Russian Taxonomy. This was the first international verification of a Russian bond issue since 2022 and the first issue in Russian market history to be verified by a Chinese verifier.
• OPECflagshipStrategic or Co-development PartnerPartnership in energy sector dialogue at SPIEF 2025. OPEC Secretary General participated in sessions organized by Gazprombank on energy sector capital and solutions for developing nations.
• Russian Energy Agency (REA)coreStrategic or Co-development PartnerCollaboration on energy transition and sustainable development discussions at SPIEF 2025. REA General Director participated in Gazprombank-organized sessions.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Raiffeisenbank Russia: Russian subsidiary of Raiffeisen Bank International offering retail and corporate banking. Directly comparable to Gazprombank in SME lending, FX operations, and corporate finance for internationally-active Russian clients.
• Rosbank: Russian universal bank with retail, corporate, and wealth management services. Comparable in scale and segment mix to Gazprombank, competing for SME and mid-market corporate clients across Russia.
• VTB Bank: Another Russian state-controlled universal bank with significant corporate, investment banking, and retail operations. Directly competes with Gazprombank for large corporate mandates, syndicated lending, and state-aligned project finance deals in the Russian market.
• Alfa-Bank: One of Russia's largest privately-owned banks offering retail, SME, and corporate banking, plus investment banking and asset management. Directly comparable to Gazprombank in the private-banking and corporate-finance segments within Russia.
• Promsvyazbank: Russian state-controlled bank focused on defense, government contracts, and large corporates. Comparable to Gazprombank's large-corporate and project finance operations, particularly for state-aligned sectors.
• T-Bank (Tinkoff): Russia's leading digital-native bank, dominant in retail credit cards, brokerage, and SMB digital banking. Overlaps with Gazprombank's retail and brokerage segments, with stronger digital acquisition economics but narrower corporate banking.
• Sberbank: Russia's largest bank and the dominant retail and corporate banking franchise. Directly comparable to Gazprombank across all major segments — retail deposits, mortgages, cards, investment banking, brokerage — and competes head-to-head for both individual and corporate customers in the same Russian market.

Broad incumbents

• Moscow Exchange: Russia's primary securities exchange where Gazprombank trades, underwrites, and clears. A broader market-infrastructure incumbent that sits adjacent to — but not in direct competition with — Gazprombank's brokerage and custody business.
• Sberbank CIB (now SberCIB): The investment banking arm of Sberbank, focused on capital markets, advisory, and research. Direct competitor to Gazprombank's investment banking, DCM, and underwriting franchise.

Regional players

• ICBC (Industrial and Commercial Bank of China): One of the world's largest banks by assets, with growing presence in CIS and Belt-and-Road markets. Comparable in scale and institutional banking capabilities, and a potential partner/competitor for cross-border CNY-clearing and Asian-Russia transaction banking — relevant given Gazprombank's CNY deposit products and Chinese-verified green bond.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights8 records

Customer concentration

• Xt.me/gazprombank
• LinkedInlinkedin.com/company/gazprombank

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gazprombank