The Executive Directorate of the 27th World University Summer Games and AK BARS Bank signed a partnership agreement, according to which the bank acquired a status of the General Partner of the 2013 Summer Universiade and became the Official Bank and Banking Services Supplier of the Games.
The bank’s major contribution to the preparations and delivery of the 27th Summer Universiade, above all, will be the launch of payment infrastructure at Games venues (ATMs and self-service terminals), issue of commemorative coins, assistance for the implementation of Kazan 2013’s accreditation programme, and production of volunteer cards and multi-service bank cards for participants, visitors and media representatives coming to Kazan.
The status of the General Partner of the Kazan 2013 Summer Universiade proves that AK BARS Bank is one the most efficient financial institutions in the country, it has huge potential for development and makes its contribution to Russia’s sport victories. Harmony of interests is the rule the bank has been closely adhering to over all these years, and it guarantees convenient and updated services to its clients, as well as equal partnership relations and a mutually beneficial cooperation. AK BARS Bank will facilitate maximum comfort and convenience for all participants of the upcoming student games.
About AK BARS Bank
OAO AK BARS Bank (open joint-stock company) was registered by the Central Bank of Russia and has been successfully operating in the financial market of Russia since 1993. The bank has all types of banking licenses existing in Russia and offers more than 100 types of banking services to its corporate and private customers.
The bank’s sustainability is guaranteed by the paid-up capital in the amount of 28.2 billion rubles. The bank’s equity amounted to 35.6 billion rubles as of October 1, 2011.
The branch network of AK BARS Bank rapidly expands. It has 20 branches in the Republic of Tatarstan, 23 branches in the largest cities of Russia, 157 sub-branches, 146 stand-alone cash desks, 9 operational offices, and 1 mobile cash transactions station.
AK BARS Bank enters the top 20 largest financial institutions in Russia. It is rated 17th in terms of equity and 18th in terms of assets.