CREDIT BANK OF MOSCOW named the best bank in Russia


19 March 2018 — Global Finance magazine named CREDIT BANK OF MOSCOW the Best Bank in Russia at its 25th Annual Best Bank Awards.

The winners of this year’s awards are those banks that attended carefully to their customers’ needs and accomplished better results in the existing difficult macroeconomic environment thus laying the foundations for future success.

All selections were made by the editors of Global Finance after consultations with corporate financial executives, bankers, banking consultants and analysts throughout the world. Objective criteria considered included: growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products. Subjective criteria included the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry. In addition, a poll of Global Finance’s corporate readership was conducted in order to increase the accuracy and reliability of the results.

It is to be recalled that for the first time CREDIT BANK OF MOSCOW won the Best Bank in Russia award by Global Finance in 2016.

«It is a great honour for us to get once again this award and international recognition, — commented Vladimir Chubar, Chairman of the Management Board. — We are grateful to the financial community for the support and we shall do our best to live up to our status in Russia and internationally.»

Global Finance is a monthly magazine targeting presidents, CEOs, top managers, CFOs, treasurers and other financial officers. It has a circulation of more than 50,000 and readers in 189 countries. Its circulation is audited by BPA Worldwide.

Global Finance is owned by Global Finance Media, Inc. and is headquartered in New York, with offices in London and Milan.