JSC Bank of Moscow

Currently the Bank of Moscow provides services to over 100 thousand corporate customers and over 7 million individuals. Its corporate customers include both major enterprises representing various economy sectors and small and medium-sized companies.

The Bank has its offices in nearly each major economic center of the country, with 380 standalone outlets, including sub-offices and cash desks. As of 01 July 2011, the Bank had 240 offices in Russian regions and 140 offices in Moscow and the Moscow Region. The Bank also delivers services to individuals at 474 post offices in Moscow.

The Bank’s network comprises 4 subsidiary banks outside Russia: JSC BM Bank (Ukraine), OJSC Bank Moscow-Minsk (Belarus), AS Eesti Krediidipank (Estonia) and Bank of Moscow j.s.c. – Belgrade (Serbia). The Bank also has a representative office in Frankfort on the Main, Germany.

The Bank of Moscow operates its own Processing Center, servicing the Bank’s card programs. The Bank has issued over 13 million plastic cards. The Processing center is certified by Visa International and MasterCard, and operates a wide ATM network (1,900 machines).

The Bank of Moscow’s high reliability has been confirmed by international rating agencies. The Bank’s long-term credit rating has been affirmed at Ba2 by Moody’s Investors Service and at BBB- by Fitch Ratings.

  Under the General Agreement on providing financial support to the Bank of Moscow signed in July 2011, VTB Group increased its share in the lending institution up to 80.57% at the end of Q3’2011. CJSC VTB Debt Center acquired additional stakes from minority shareholders of the Bank of Moscow.