Bank Vozrozhdenie was ranked 3rd by market capitalization among Russian banks

25 January 2013

Bank Vozrozhdenie was ranked 3rd by market cap volume in RBC magazine rating of Top-100 most valuable Russian companies. With the capitalization of $428 million (according to RBC data) the bank took 53rd place in the overall ranking.

The data on prices of shares traded at the Moscow Stock Exchange or depositary receipts traded at foreign exchanges (British LSE, American NYSE and NASDAQ, German Deutsche Borse) was used in the research to calculate companies’ market cap. For every company the researchers used an instrument considered by investors as the most representative one. For V.Bank, the results were based on ordinary shares with 2012 average price of $18.02; capitalization was given as of December 20, 2012.

For 99 companies the researchers calculated relative “organic” movements (i.e. induced by share price change with no influence of additional share issue or buyback) in capitalization figure from December 30, 2011. According to the research data, in 2012 market cap of Bank Vozrozhdenie added up 6.3%.

Related links:

Assets of Bank Vozrozhdenie added up 14% in 2012
Quantity of active bank cards of Bank Vozrozhdenie exceeded 1.4 mln