By Andrei Skvarsky.
A survey by Financer, multinational specialists in comparing financial services and products, suggests that Tinkoff Investments and Finam are Russia’s best-performing investment brokerages.
Tinkoff Investments, a unit of Tinkoff Bank, offers a quick and simple account opening procedure, a large choice of instruments for investment and a convenient mobile app, according to a report by Financer.
Financer, which is based in Malta, says its conclusions are based on 7,211 assessments collected by its branches in all 26 countries where the firm is represented, including Russia, the United States, France, Germany, Italy, Spain, Brazil, Mexico, and Indonesia.
Finam, in addition to providing a wide range of investment options, has low commissions and offers investment opportunities in the United States and Britain as well as Russia, Financer says.
The report contains a ranking of what the survey suggests are Russia’s 10 most successful financial services companies.
Tinkoff Investments tops the list. Finam is fourth on it.
Tinkoff Investments’ parent company, the full-service Tinkoff Bank, is also on the list but holds the bottom 10th rung.
The ranking includes two other full-service banks – OTP Bank, a Russian subsidiary of a Budapest-headquartered lender of the same name, and Promsvyazbank, one of Russia’s largest banks by assets. They are seventh and eighth on the list respectively.
The other five companies are microlenders MoneyMan (second), CarMoney (fifth) and Dozarplati (sixth), and two banks providing services for small businesses – DeloBank (third) and Modulbank (ninth).
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