MKB's new development strategy until 2029 envisages doubling the retail loan and deposit portfolios and the size of the client base. Bank plans to increase the number of retail clients by 10-15% per year, including at the expense of premium segment clients, the number of payroll clients - by 20-30% per year. Share of the latter in its base the bank wants to...

Moscow Credit Bank's IFRS net profit for 2023 amounted to ₽59.78 billion, up 8 times from ₽7.47 billion in the previous year. Revenue increased 92.3% to ₽116.18 billion against ₽60.43 billion a year earlier.

Moscow Credit Bank's IFRS net profit for 9 months of 2023 amounted to ₽48.31 billion, almost doubling from ₽24.8 billion in the same period of 2021. Net interest income rose 46.8% to ₽83.85 billion against ₽57.1 billion.

MKB intends to focus on developing its corporate business and earn ₽100 billion in net profit by 2029, according to the bank's updated 2029 development strategy. MKB is betting on creating a global infrastructure for international settlements of exporters and importers and wants to become the bank of first choice for corporate clients' foreign trade activiti...