Question 1

What is Bratsky Narodny Bank?

Accepted Answer

Bratsky Narodny Bank is a regional commercial bank with a basic banking license operating in the Irkutsk Oblast of Russia. The bank focuses primarily on serving corporate clients and small to medium-sized businesses while also attracting deposits from retail customers. As of August 2025, the bank holds approximately 4.3 billion rubles in assets and 619.3 million rubles in capital, positioning it as a small but established regional financial institution.

The bank operates under the legal name Bratsky Aktsionerny Narodny Kommerchesky Bank (Aktsionernoe Obshchestvo), with the shortened name "Bratsky ANKB" AO.

Question 2

When was Bratsky Narodny Bank founded?

Accepted Answer

Bratsky Narodny Bank was founded on December 10, 1990, in the city of Bratsk, Irkutsk Oblast. The bank was established on a shareholding basis by founding shareholders during the early period of banking reform in post-Soviet Russia. It was initially registered as "Bratsky Commercial Bank."

In March 1993, the bank's name and legal structure were changed to "Bratsky Joint Stock Commercial Bank." The current name, Bratsky Aktsionerny Narodny Kommerchesky Bank, was adopted in March 1996. The bank has remained continuously operational since its founding and became a participant in Russia's deposit insurance system in March 2005.

Question 3

Where is Bratsky Narodny Bank headquartered?

Accepted Answer

Bratsky Narodny Bank is headquartered in Bratsk, Irkutsk Oblast, Russia. The main office is located at 43 Komsomolskaya Street, Bratsk, 665717. Bratsk is an industrial city in eastern Siberia, situated along the Angara River in the Irkutsk region.

Question 4

Where does Bratsky Narodny Bank operate?

Accepted Answer

The bank operates primarily in the Irkutsk Oblast region of Russia, with its network centered around Bratsk. As of recent data, the bank maintains its head office in Bratsk along with six additional offices throughout the region. The bank also operates four ATMs to serve its customer base.

The geographic focus remains concentrated in the Irkutsk Oblast, serving local businesses and residents in this industrial region of eastern Siberia.

Question 5

What services does Bratsky Narodny Bank offer?

Accepted Answer

Bratsky Narodny Bank offers a comprehensive range of banking services under its basic banking license. For retail customers, the bank provides deposit accounts (both demand and term deposits), current accounts, currency exchange services (cash and non-cash), and money transfer services including electronic money transfers.

For corporate clients, the bank offers business accounts, cash management services, payment processing, bank guarantees, collection services for cash and payment documents, and lending facilities. The bank is authorized to conduct operations with precious metals, including opening accounts and accepting deposits denominated in precious metals.

Additional services include leasing operations, trust management, safe deposit box rental, and consulting services. The bank provides online banking platforms and supports modern payment systems including Samsung Pay integration.

Question 6

What makes Bratsky Narodny Bank unique?

Accepted Answer

Bratsky Narodny Bank distinguishes itself as one of the longest-operating independent regional banks in the Irkutsk Oblast, having maintained continuous operations since the early 1990s. The bank has specialized knowledge of the local industrial economy of Bratsk, a major center for aluminum production and hydroelectric power generation.

The bank operates with a basic banking license issued by the Central Bank of Russia in February 2019, which provides simplified regulatory requirements while allowing the bank to focus on its core regional market. Its SWIFT code is BRATRU6B, and it maintains correspondent banking relationships to facilitate international transactions.

Ownership has remained relatively stable, with the bank being family-controlled. In 2010, Boris Gromov transferred his 62.55% stake to his daughter Victoria Gromova.

Question 7

What type of financial institution is Bratsky Narodny Bank?

Accepted Answer

Bratsky Narodny Bank is classified as a commercial bank (kommerchesky bank) with a basic banking license in Russia. This designation means it is a joint-stock company (aktsionernoe obshchestvo) operating as a credit institution under Russian banking regulations.

The basic license category, introduced by the Central Bank of Russia as part of banking sector reforms, allows the bank to conduct core banking operations including accepting deposits, providing loans, and conducting payment operations in both rubles and foreign currencies. However, it operates with certain restrictions compared to universal license holders, such as limitations on international operations and capital requirements. This structure is designed for regional banks focused on their local markets rather than large-scale or international banking activities.

Bratsky Narodny Bank

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About Bratsky Narodny Bank in Russia