1. AK BARS Bank: key investment highlights
January, 2016

2. Key Strengths
REPUBLIC OF TATARSTAN – ONE OF THE MOST ECONOMICALLY DEVELOPED REGIONS IN RUSSIA
Leading industries include oil refinery and production, chemicals and petrochemicals, machinery construction, agriculture
Gross regional product (GRP) growth rate of 1.3% in vs. 0.6% GDP growth in Russia as a whole according to Rosstat (forecasted GRP for 2015 is -0,3% vs. -3,3% GDP of Russia)
DOMINANT MARKET POSITION IN
THE REPUBLIC OF TATARSTAN
The leading Bank in the Republic of Tatarstan, representing 37.88% of the total assets and 41.67% of the total capital in the banking sector of the Republic (1)
Top-20 bank in Russia: 19th by assets and 15th by equity (2)
STRONG RELATIONSHIP WITH THE GOVERNMENT OF TATARSTAN
The Tatarstan Republic, through ministries, government agencies and related companies ultimately controls the Bank
Authorised agent of the government of the Republic of Tatarstan for servicing the budgetary accounts and implementation of the social policy of the Republic
EXTENSIVE BRANCH NETWORK IN TATARSTAN AND ACROSS RUSSIA
The Bank has a broad geographic footprint in 30 regions in Russia
AK BARS Bank has the 9th largest distribution network in Russia with 32 branches and 308 other offices (3)
ATTRACTIVE PROSPECTS FOR THE RUSSIAN BANKING MARKET
The banking market remains underpenetrated as compared to Central and Eastern European countries
(1) National Bank of Tatarstan, as of 1 January, 2015
(2) Profile magazine, as of 1 November, 2015
(3) Comparison composed by AK BARS Bank, as of 1 January, 2016, excluding Sberbank network

3. Agriculture and food processing 6%
AK BARS Bank at a Glance
AK BARS BANK PLAYS AN IMPORTANT ROLE IN THE IMPLEMENTATION OF TATARSTAN’S REGIONAL POLICY
CORPORATE VS. RETAIL LOANS (%)
Economic Importance
AK BARS Bank services the largest companies in Tatarstan (Tatneft, Svyazinvestneftekhim, Nizhnekamskneftekhim)
The Bank cooperates closely with the local business community, providing quality service and support
Financial Importance
Continuous increase in a number of clients indicates a growth of confidence in the Bank. Clients from Tatarstan account for 77% of the Bank’s customer accounts
LOAN PORTFOLIO BREAKDOWN (GROSS), 1H 2015
GROSS LOAN PORTFOLIO,
1H 2015
AK BARS Bank loan portfolio is diversified across the key sectors of Tatarstan’s economy
TOP 48 borrowers account for 49% of the total loan portfolio
Agriculture and food processing 6%
Other 12%
Retail
23%
USD 4,999m (4)
Finance 27%
Manufacturing 8%
Corporate 77%
Construction 9%
Individuals 23%
Trade 15% №1
№15 $
Bank in Tatarstan by assets (1)
Bank in Russia by equity (2)
Internet banking №9
№19
Bank in Russia by assets (2)
Mobile banking
In Russia by regional network (3)
(1) According to National Bank of Tatarstan, as of 1 July, 2015
(2) According to Profile magazine as of 1 November, 2015
(3) Comparison composed by AK BARS Bank as of 1 January, 2016, excluding Sberbank network
(4) Converted at FX RUB/USD rate of
* As of according to RAS

4. AK BARS Bank at Glance
AK BARS BANK PLAYS AN IMPORTANT ROLE IN THE IMPLEMENTATION OF TATARSTAN’S REGIONAL POLICY
SUCCESSFUL TRACK RECORD
2011
2012
2013
2014
2015
Branches and other offices
362
387
399
381
340
Corporate clients
49,053
51,074
53,343
62,131
67,360
Retail clients, mln
2.2
2.5
2.9
3.0
3.1
Key Ratios, %
6m 2015
Net loans / deposits
107.6
116.5
110.1
128.6
100.8
Provisions / gross loans
9.4
9.3
8.6
6.4
8.9
Overdue loans / gross loans
5.3
7.2
6.9
5.5
Equity / assets
9.0
7.0
6.1
Tier 1 capital ratio (3)
9.1
9.7
7.5
5.7(2)
Total capital ratio (3)
11.8
13.6
14.5
11.2
14.8(2)
Reputational Importance
Authorised agent of the government of the Republic of Tatarstan for servicing the budgetary accounts and implementation of the social policy of the Republic
Business profile
Top-20 largest financial institution in Russia
Universal bank with one of the largest distribution networks
Ultimately controlled by the Republic of Tatarstan
AK BARS BANK’S POSITION IN TATARSTAN
Source: Audited IFRS accounts.
(1) USD amounts converted from RUB at Central Bank of Russia FX as of 30th June 2015
(2) IFRS, Basel lII
Market share (%)
NOTABLE PROJECTS OF AK BARS BANK
National Partner of 16th FINA World Championship 2015 in Kazan
Special economic zone
Alabuga Partner
AK BARS Bank is the largest bank in Tatarstan by assets, loan portfolio and equity
The Bank has the leading role among the region’s banks
Special Economic Zone «Innopolis» Strategic Partner
Universiade 2013

5. AK BARS Bank Correspondent Relations
AK BARS Bank has an extensive network of correspondents all over the world, enabling it to execute clearing, banknote, and documentary business transactions, as well as other banking operations, efficiently and professionally.
Correspondent bank
Currency
USA
JPMorgan Chase Bank NA
USD
Deutsche Bank Trust Company Americas
Germany
Commerzbank AG
EUR/GBP
Deutsche Bank AG
EUR
France
VTB Bank (France) S.A.
Sweden
SEB (Skandinaviska Enskilda Banken AB (Publ))
SEK
Hungary
OTP Bank Plc
HUF
Correspondent bank
Currency
Japan
The Bank of Tokyo-Mitsubishi UFJ Ltd.
JPY
Switzerland
UBS AG
CHF
Finland
Nordea Bank Finland plc
EUR
Turkey
Turkiye Is Bankasi A.S.
TRY
China
Agricultural Bank of China Limited, Shanghai Branch
CNY
Agricultural Bank of China Limited, Xinjiang Branch
USD
Republic of Belarus
"Belinvestbank" JSC
RUB

6. Key Milestones
The Bank is established by the Government of Tatarstan
Fitch Ratings assigns international ratings, including a long-term rating В-
The Bank raises its first international syndicated loan
Moody’s Investors Service assigns international ratings to AK BARS Bank, including a long-term Ва3
The Bank issues its first Eurobond and raises another international syndicated loan
Fitch Ratings upgrades rating to BB- (Stable)
Moody’s upgrades rating to Ba2 (Stable)
The Bank issues a Eurobond in the amount of USD 250mln
The Bank raises international syndicated loans
The Bank is ranked 16th largest Russian mortgage bank
The Bank pays back a syndicate loan in the amount of USD 200mln
Share capital increase of USD 300m to USD 932mln
In December the Bank issues a Eurobond in the amount of USD 280mln
The Bank successfully closes the first syndicated Murabaha financing contract in the CIS in the amount of USD 60mln
AK BARS Bank acquires status of General Partner of Universiade 2013 in Kazan
AK BARS Bank issues bonds in total amount of RUB 10bn
Becomes Strategic Partner of SEZ «Innopolis»
The Bank closes second syndicated Murabaha deal in an amount of USD 100mln
The Bank receives the status of a Participating Financial Institution in accordance with the FATCA
The Bank closes its debut RUB 2.5bn mortgage portfolio securitization deal
The Bank issues RUB 5 bn.bonds
1993
1994
2002
2003
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
Cabinet of Ministers of Tatarstan singles out the Bank as the authorised bank of the Government
Branches open outside Tatarstan
The Bank issues rouble bonds and raises two international syndicated loans
Share capital increases to USD 886mln
Fitch Ratings upgrade rating to BB (Stable)
The Bank raises international syndicated loan
Repays syndicated loans in the amount of USD 285mln
The Bank redeems a Eurobond issue in the amount of USD 176mln
Resumes loan disbursement under government program of concessional auto lending
The Bank is ranked 18th by assets and 18th by capital in Russia
The Bank issues the largest ever subordinated Eurobond in its history in the amount of USD 600mln
2015: AK BARS Bank closes US$350 mln. eurobond deal
The Bank becomes the National Partner and the Official Bank of 16th FINA World Championships
AK BARS Bank issues additional shares in the amount of RUB 9.8 bln. funded by the Government of the Republic of Tatarstan
The Bank closes its RUB bn mortgage portfolio securitization deal

7. AK BARS Bank’s Key Operating Region is Tatarstan
TATARSTAN PROFILE
International ratings: Ba2/BBB-
Population: 3.8 mln (as of 1 January 2015)
Territory: 67,836 sq. km
Gross regional product (GRP) growth rate of 1.3% in (RUB 1,600 bln) vs. 0.6% (GDP) in Russia as a whole.
One of the most economically developed regions of the Russian Federation, with vast crude oil reserves (Tatarstan produces million tones of crude oil per year and has estimated oil reserves of more than 1 billion tons)
Leading industries include: oil refinery and production, chemicals and petrochemicals, machinery construction, agriculture
Among the Top 10 leading Russian constituents by macroeconomic indicators (on per capita basis): commission of housing, retail trade turnover, manufacturing agricultural produce, amount of capital investments, volume of industrial output according to Rosstat
No. 1 in the ranking of regions on the evaluation of the performance of executive authorities of constituents of the Russian Federation (the Government of the Russian Federation, May 2015)
No. 1 within the rating of Russian Innovative Regions (Association of Innovative Regions of Russia together with the Russian Presidential Academy of National Economy and Public Administration, July 2015)
Russian Federation
Republic of Tatarstan
Source: Ministry of Economy of the Republic of Tatarstan

8. Adequate Capitalisation Levels
CBR BASEL III CAPITAL (RAS)
BASEL l CAPITAL (IFRS)
Tier 1 (RUB BN)
34.0
33.5
34.4
31.9
34,9
Total (RUB BN)
50.8
50.2
47.7
55.5
58,6
Total (RUB BN)
46.2
45.4
58.7*
14,5%
14,8%
13,6%
11,8%
11,2%
2,9%
5,0%
Tier 2
Total CAR
* In the first half of 2015 Bank calculated the capital adequacy in accordance with the requirements of the Basel Committee on Banking Supervision - Basel III
AK BARS Bank received RUB 12.1bn from Deposit Insurance Agency as a Tier-2 capital under government support program in June 2015
August 28, Bank placed additional issue of ordinary shares in the amount of RUB 9.8bn
** As of without post balance sheet events

9. Financial Highlights Balance sheet, RUB BN 2011 2012 2013 2014
6 months 2015
CAGR m2015
Cash and equivalents
18.9
36.0
39.4
41.4
31.1
15.2%
Securities portfolio (including direct repo)
47.3
30.1
53.3
68.7
110.4
27.4%
Due from other banks
3.4
3.9
0.9
3.6
2.2
(11.9%)
Gross loans
194.2
225.1
244.7
293.8
277.5
10.7%
Provisions
18.3
20.9
21.0
24.7
9.0%
Net loans
176.0
204.2
223.8
274.9
252.9
10.9%
Investment properties
25.7
26.5
11.9
10.0
11.2
(21.1%)
Other assets
15.6
16.8
17.9
34.6
29.2
19.6%
Total assets
286.9
317.4
347.1
433.3
437.0
12.8%
Due to other banks
40.4
37.5
27.6
48.7
37.7
(2.0%)
Customer accounts
163.5
175.3
203.2
213.8
251.0
13.0%
Murabaha facility and Eurobonds
10.5
15.3
16.5
28.1
23.1
25.4%
Securities issued
37.1
40.0
47.4
72.6
60.4
15.0%
Subordinated debt
6.7
18.8
20.3
34.9
34.4
59.4%
Other liabilities
1.9
1.3
5.0
3.8
21.1%
Total liabilities
260.1
289.0
316.3
403.0
410.3
13.9%
Equity
26.8
28.4
30.8
30.3
26.7
(0.1%)
Total liabilities and equity
Key Ratios, %
Net loans / deposits
107.6
116.5
110.1
128.6
100.8
Provisions / gross loans
9.4
9.3
8.6
6.4
8.9
Overdue / gross loans
5.3
7.2
6.9
5.5
Equity / assets
9.0
7.0
6.1
Tier 1 capital ratio
9.1
9.7
7.5
5.7
Total capital ratio
11.8
13.6
14.5
14.8
Source: IFRS accounts

10. Financial Highlights (cont’d)
Profit and Loss Statement, RUB mln
6m.2011
6m.2012
6m.2013
6m.2014
6m.2015
Net interest income
1 924
3 450
3 507
4 102
(1 819)
Net fee and commission income
517
672
667
718
860
Other income
1 377
1 630
2 871
1 465
5 036
Operating profit
3 818
5 752
7 045
6 285
4 077
Operating expenses
(2 906)
(3 409)
(4 021)
(3 924)
(3 595)
Total profit before provisions and taxes
912
2 343
3 024
2 361
482
Provision for loan impairment
(544)
(1 206)
(1 008)
(2 274)
(5 921)
Profit before tax
368
1 137
2 016 87
(5 439)
Income tax
(52)
(214)
(331)
(14)
881
Net profit
316
922
1 686 74
(4 558)
Key ratios, %
6m2011
Net interest margin
2.2
3.2
2.8
2.9
(1.1)
Operating expenses / assets
1.1
1.2
0.8
RoAA
0.0
0.2
1.0
(2.1)
Source: IFRS accounts

12. THANK YOU!