Asian-Pacific Bank

What Asian-Pacific Bank does

Asian-Pacific Bank (APB, JSC, License No. 1810) is a regional commercial bank headquartered in Blagoveshchensk with its registered office in Moscow, serving retail and SME/corporate customers across 25 regions of Russia with a concentration in the Far East and Siberia. As of end-2020 it operated 141 branches in 86 cities, serving 28,910 corporate and 346,227 retail customers, with total assets of RUB 132.8 billion, customer loans of RUB 73.5 billion, customer deposits of RUB 98.4 billion, and IFRS net profit of RUB 2.05 billion.

Core products span deposits, plastic and corporate cards, money transfers, retail and SME lending, mortgage programs (including state-subsidized Far East Mortgage at 2% and Family Mortgage at 4.7%), individual investment accounts (ranked 16th on MOEX), and foreign-economic-activity services for cross-border trade with Asia. Distribution is anchored by the physical branch network and an in-house mobile-banking application whose user base grew 1.5x in 2020, complemented by ATMs and Russia's first biometric self-service currency-exchange machine (USD/EUR/RUB). The technology stack is conventional for a regional bank — no public API, SDK, or proprietary AI/ML layer disclosed.

The business model is a standard spread-driven commercial bank: net interest income from a RUB 73.5 billion loan book and RUB 98.4 billion deposit base, plus net fee and commission income (RUB 3.1 billion in 2020, +15% YoY) from settlement operations, insurance agency commissions, and CIPS-enabled RMB cross-border payments. APB is classified as a systemically important Russian bank; since 2017 it has been more than 99.9% owned by the Bank of Russia (Central Bank of the Russian Federation) following bankruptcy-prevention measures, and it converted from public PJSC to private JSC status in late 2020. International credit ratings: Fitch B+ (Stable, July 2021), Moody's B2, and Expert RA A+.

Name

Asian-Pacific Bank

Legal name

Joint Stock Company Asian-Pacific Bank

Website

https://eng.atb.su

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Asian-Pacific Bank is a Russian regional commercial bank serving retail and SME/corporate customers through 141 branches across 86 cities in the Far East and Siberia, offering deposits, mortgage lending, and foreign-trade settlement services including RMB cross-border payments via CIPS.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (522110), Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021), State Commercial Banks (6022)

akta.pro primary industry

General SME & Middle-Market Commercial Banking (FSABABAA)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB), SME Cash Management & Payments (Merchant, ACH/Wires, Payroll) (FSABABAD)

Keywords

• Retail banking services
• Mortgage lending programs
• SME corporate banking
• Foreign trade finance
• RMB cross-border settlements

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Interest earned on loan portfolio (RUB 73.5bn gross loans in 2020, grew 35.9%) including retail loans (RUB 57.1bn, +60.6%) and corporate loans. Interest paid on customer deposits (RUB 98.4bn total deposits)
2. Net Fee and Commission Income: Fees from settlement operations, insurance agency commissions, and other banking services. Reached RUB 3.1bn in 2020, up 15% year-on-year
3. Foreign Economic Activity Services: Services supporting cross-border trade operations with China and other Asian countries including currency exchange, international settlements, and RMB/RUB transactions

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Asian-Pacific Bank is a regional commercial bank that provides deposit accounts, plastic cards, money transfers, mortgage lending, and credit products to individual retail customers, alongside business loans, corporate cards, and foreign economic activity (FEA) services to SME and corporate clients. The bank also offers individual investment accounts, currency exchange, and acts as a participant in the Cross-border Interbank Payment System (CIPS) for RMB cross-border settlements supporting Russian-Chinese trade.

Product overview

Asian-Pacific Bank is a regional banking institution offering a unified portfolio of banking products and services across two primary segments: individual clients and SME/corporate business. The core offerings include deposits, credit cards, mortgage lending programs (including Far East Mortgage at 2% and Family Mortgage at 4.7%), individual investment accounts, corporate cards, and foreign economic activity services. The bank operates through 141 branches across 25 regions of Russia, with notable presence in Far East and Siberia.

Differentiator

Problem solved

Functional benefit

Products and services

• Individual Banking Services Banking services for individual clients including account opening, deposits, plastic cards, coins, and money transfers online in RUB and foreign currencies for transfers within Russia and abroad. Designed for individual retail customers requiring personal banking services.
• SME & Corporate Business Services Banking services for small, medium, and corporate enterprises including loans with state development institution guarantees, deposits, corporate cards, and foreign economic activity support. Targets SME and corporate customers across the bank's branch network.
• Mortgage Lending Programs Mortgage lending programs on primary and secondary real estate including Far East Mortgage at 2%, Family Mortgage at 4.7%, and mortgage refinancing at 7.6%-7.9% per annum. Available to individual retail customers, including payroll card holders and public sector employees with additional discounts.
• Individual Investment Accounts (IIA) Brokerage services for individual investment accounts offered on Moscow Exchange (MOEX), providing retail customers with access to securities trading through managed investment accounts.
• FEA Service (Foreign Economic Activities) Services for foreign trade operations including organization of transactions, free consultations, currency exchange, international settlements in RMB/RUB, correspondent banking with Chinese institutions, and CIPS-based RMB cross-border payments. Targets companies and individuals engaged in cross-border trade with Asia.
• Corporate Cards Corporate payment cards allowing cash withdrawals at ATMs and cash points, and non-cash payments for goods and services in Russia and abroad. Targeted at SME and corporate business customers.
• CIPS Cross-Border Settlement Service Participation in the Cross-border Interbank Payment System (CIPS) enabling RMB cross-border payments, extended service hours, and faster settlements for Chinese remitters. Provides settlement infrastructure for Russian-Chinese trade finance.

Quantifiable outcome

• Mortgage transaction growth of 415% compared to 2019
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

16 partnerships are on record, tiered core, secondary and minor.

• Cross-border Interbank Payment System (CIPS)coreTechnology or Integration · 1 January 2020Official CIPS participant enabling extended service hours and coverage for RMB cross-border payments. Provides faster settlements and improved efficiency for Chinese remitters.
• DOM.RFcoreStrategic or Co-development Partner · 1 January 2020Annual rating cooperation for mortgage banks in Russia. Asian-Pacific Bank ranked TOP-20 largest mortgage bank in joint rating by DOM.RF and Frank RG.
• Amur Region Development FundcoreStrategic or Co-development Partner · 1 January 2020APB joined Supervisory Board of Amur Region Development Fund organized by Regional Governor. Provides financial and other support to SMEs in the region.
• Squire Patton BoggssecondaryImplementation/ SI/ Consulting Partner · 1 January 2020International law firm participating in trilateral cooperation agreement with APB and Amur Region Investment Agency for private-public partnership projects.
• Hokkaido BanksecondaryStrategic or Co-development Partner · 1 January 2020Discussions on cooperation development, consulting direction, and experience exchange in project and process management with Japanese banking technologies.
• Jilin Hunchun Rural Commercial BanksecondaryStrategic or Co-development Partner · 1 January 2019Bilateral cooperation agreements including purchase and sale of cash between organizations. Expanded opportunities for favorable exchange rates. Discussing correspondent accounts opening and FX/MM operations cooperation.
• Bei'an Rural Commercial BanksecondaryStrategic or Co-development Partner · 1 January 2019Bilateral cooperation discussions related to cross-border agglomeration Blagoveshchensk-Heihe. Interbank cooperation and client service for foreign economic activity with PRC.
• Qishloq Qurilish Bank JSCBsecondaryStrategic or Co-development Partner · 1 January 2019APB acted as lead organizer of syndicated dual currency loan for Qishloq Qurilish Bank (Uzbekistan) in amount of EUR 16 million and USD 3.5 million. First investments in Uzbekistan economy.
• Russian Asian Union of Industrialists and Entrepreneurs (RAUIE)coreStrategic or Co-development Partner · 1 January 2019Public organization implementing interaction programs between Russian and Asian business associations. APB joined to strengthen cooperation with Asian markets and promote investment projects.
• Sino-Russian Financial CouncilcoreStrategic or Co-development Partner · 1 January 2016Bilateral financial cooperation council. APB is a member participating in meetings and working groups for Russian-Chinese financial cooperation.
• Harbin BankcoreStrategic or Co-development Partner · 1 January 2015Member of Russian-Chinese Financial Council established by Harbin Bank. Cooperated on first transaction for cash Yuan delivery via new route Harbin-Vladivostok. Ongoing banknote and trade finance operations.
• Moody's Investors ServiceminorOthers · 1 January 2014International credit rating agency assigning B2 long-term deposit ratings and E+ bank financial strength rating
• Agency for Housing Mortgage Lending (AHML)coreChannel Partner/ Reseller/ Distributor · 1 January 2014Co-manager for mortgage-backed securities transactions. AHML acquired RUB 1.5 billion of Class A RMBS under APB's securitization programs.
• Fitch RatingsminorOthers · 1 January 2013International credit rating agency assigning B+ long-term issuer default rating and b+ viability rating
• Expert RAminorOthers · 1 January 2013Russian rating agency assigning A+ very high level of solvency rating
• Longjiang Bank CorporationcoreStrategic or Co-development Partner · 1 January 2012Strategic partnership since 2012 for correspondent relations, international settlements in RMB and RUB, interbank deposits, and banknote operations. Cooperated on cross-border bridge construction across Amur River. Conducted first cash RMB delivery transactions.

Scale indicators15 records

Recent moves13 records

Expansion highlights6 records

Broad incumbents

• Sberbank: Russia's dominant universal bank with the largest deposit, lending, and mortgage franchise in the country. Overlaps with APB across retail deposits, mortgage lending, and SME banking, but at national scale rather than regional specialization.
• VTB Bank: State-controlled universal bank and second-largest Russian lender. Competes with APB in corporate banking and SME lending, and serves as a broad incumbent in Russian commercial banking.
• Alfa-Bank: Largest privately-owned Russian universal bank. Competes with APB for corporate and retail customers and is referenced in APB's leadership alumni (former APB Chairman Korovin came from Alfa-Bank).
• Promsvyazbank: Russian systemically important bank focused on defense, SMEs, and retail. Acted as Mandated Lead Arranger on APB's USD 42m subordinated Eurobond placement in 2014; overlaps directly in SME and corporate lending.
• Rosbank: Major privately-controlled Russian universal bank with broad retail and corporate offering. Comparable on full-service commercial banking products and cross-border capabilities.
• Gazprombank: Top-3 Russian bank by assets, with strong corporate and investment banking franchise. Comparable as a broad incumbent operating in commercial banking, treasury services, and cross-border settlements.
• Raiffeisenbank Russia: Russian subsidiary of Austrian Raiffeisen Bank International. Directly comparable as a foreign-linked full-service bank; APB acquired Raiffeisen's Far East loan portfolio in 2013, evidencing direct prior overlap in that geography.

Direct peers

• Expobank: Russian privately-held commercial bank that shares direct management overlap with APB (former APB executive Andrey Vdovin served as Chairman of Expobank's Executive Board). Comparable in mid-tier regional banking and lending.
• Dalnevostochny Bank: Regional bank headquartered in Vladivostok focused on the Russian Far East — direct geographic overlap with APB's core footprint in 25 Far East and Siberia regions across retail, SME, and corporate banking.

Regional players

• Primorye Bank: Regional Far East Russian bank serving Primorsky Krai with corporate, retail, and SME products. Comparable to APB at the regional tier with similar customer profiles in Far East Russia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/atb_su
• Facebookfacebook.com/atb.su

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Asian-Pacific Bank