Company Information

Get to know Absolut Bank

Founded in 1993, Absolut Bank has established itself as a significant player in the Russian financial market. It operates as a universal bank, focusing on high-tech development and customer-centric services across key business segments, including mortgage lending, auto loans, and corporate banking. The bank is part of the financial group of the non-state pension fund "Blagosostoyanie," which ensures its stability and reliability. Absolut Bank is committed to innovation and offers modern digital banking solutions to meet the evolving needs of its diverse client base.

Industry

Financial BankingPRIMARY
Financial Other Service

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Absolut Bank

Russia

Founded in

1993 (33 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.