Banking and Financial Services
The growth of the Russian economy had, in recent years, been largely driven by rising commodity and energy prices. According to experts, further, more balanced and sustained, innovation-based economic growth can be achieved by developing the Russian financial market. In 2010, the Russian Government approved a concept for the creation of an international financial center in the Russian Federation.
The document provides that by 2012, one of the Russian exchange floors will be among top 12 exchanges by trading volume and stock and bond placement, with foreign securities accounting for at least 10% of the total traded volume. At the same time, the concept developers believe, the financial sector's share in Russia's GDP will have increased from today's 4% to 6%.
Having a hi-tech globally competitive financial services industry in place will help to boost diversification of the national economy both directly and indirectly — through making investment resources available for the development of the real sector's fastest growing industries.
As of 1 January 2010, 1,178 credit institutions, with 1,058 of them licensed to conduct banking operations, and 702 insurance companies were registered in Russia.
Over 2010, the banking sector’s assets increased by 14,9% to 33804,6 bln rubles. Credit institutions’ equity grew by 2.4% to 4732,3 bln rubles.
Credit institutions’ total earnings were 573,4 bln rubles in 2010 vs 205.1 bln rubles in 2009.
ANCOR's experience
In 2008, ANCOR launched ANCOR Banking, Financial Services — the successor to the company's specialized Banking, Financial Services business, which had operated since 1996.
We have accumulated a substantial track record in selecting and providing various groups of staff, from call center operators to financial majors' top managers, to leading international and Russian financial firms. The company successfully provides professional support to the industry's top players, enabling them to benefit from a full range of HR services at ANCOR's 40+ offices throughout Russia and in CIS countries. This sector accounts for more than 10% of ANCOR's total revenues. 100 companies of the sector became our clients in 2010. Over that period, ANCOR Banking, Financial Services placed more than 1,000 professionals in new jobs. ANCOR's clients on the financial services market primarily come from the following segments:
— Banking
— Investment companies/funds
— Insurance companies
— Lease companies
— Private pension funds
— Factoring companies
— Brokerages
— Depositary companies
— Collection agencies
— Rating agencies
Contacts
Anna Dobryakova, Director, ANCOR Banking, Financial Services
Ilmira Farkhutdinova, Business Development Manager, ANCOR Banking, Financial Services
Telephones:
(495) 926-41-00, 660-44-53
Email:
banking@ancor.ru
Address:
77/1, Sadovnicheskaya emb, Moscow, Russia, 115035 «Aurora Business Park», 5 floor