MKB will announce its 3m2021 results under IFRS on June 1, 2021
On June 1st at 4.00 pm Moscow time (2.00 pm London time) MKB will hold a conference call for investors and analysts to discuss its IFRS financial and business results for the 3m 2021.
3m 2021 IFRS statements will be available on the Bank’s webpage on May 31, 2021.
The conference will be hosted by:
Mr. Vladimir Chubar, Chairman of the Management Board
Mr. Mikhail Pavlov, CFO
Mr. Eric de Beauchamp, Senior Vice President
The conference will be held in English via ZOOM online platform.
This is an invitation only event. Please register in advance via the following link: https://us02web.zoom.us/webinar/register/WN_E7OgfTAaSQyfLgPtNcB2gw
After registering, you will receive a confirmation email containing information about joining the call.
For any additional information, please contact Investor Relations team: IR@mkb.ru
Credit Bank of Moscow (MKB) is the leading non-state publicly traded Russian bank designated as a systemically important banking institution (SIFI) with equity of c. USD 3.2 bln and total assets of over USD 39.5 bln as of 12m 2020 .
The Bank is amongst the fastest growing and most profitable universal banking institutions in Russia: total assets grew at the CAGR of over 16% and the average ROE amounted to c. 16% in 2017-2020.
MKB operates a well-established diversified universal franchise with a strong footprint in the corporate segment and growing presence in retail banking. The Bank’s client-centric business model provides sustainably high through-the-cycle profitability with a moderate risk profile. Despite its robust growth, the Bank maintains sound asset quality with the NPL ratio at 3.1% and NPL coverage of 155% as of 12m 2020.
The Bank was ranked as a top-2 non-state bank by total assets in INTERFAX-100 as at 1 March 2021. MKB is currently rated ‘Ba3’/ ‘BB‘/ ‘ВВ-‘ by Moody’s / Fitch / S&P. In October 2019 MKB became the first Russian bank to get ESG rating, ‘BBB’ from Rating-Agentur Expert RA GmbH.
The Bank is publicly traded on Moscow Exchange since June 2015 with a free-float of 20%. MKB shares are included in MOEX Russia Index, RTS Index, MSCI EM Small Cap Index and FTSE Global Equity Index series.
Roman Avdeev is the Bank’s controlling shareholder (via Rossium Holding) since 1994. MKB is fully compliant with best international corporate governance practices and has successful track record in raising capital from reputable institutional investors including EBRD and IFC.
For more information, please visit http://mkb.ru/.
 MKB total assets and equity were converted at CBR USD/RUB exchange rate of 73.8757 as at 31 December 2020.