Clients of the MTS ecosystem are less risky for MTS Bank and have a greater monetization potential, while the cost of attracting them is 79% lower than that of external clients. Cost of attracting clients through MTS communication salons is 61% lower than through external channels. In Q4 2023, the bank attracted about 200 thousand new active clients on avera...

MTS Bank is considering three options for utilizing the IPO proceeds. First - insurance or some other complimentary business lines. Second - several M&A deals are being considered, which will allow to obtain additional synergy in the business and acquire additional capital. Third option - to continue to grow organically.

MTS Bank has set the IPO price range at ₽2350-2500 per share, which corresponds to the bank's pre-money valuation of ₽70.6-75.1 billion. Company intends to raise up to ₽10 billion by offering additional shares. Funds raised will be used to implement its growth strategy and further scale up its high-margin retail business. Collection of applications for parti...

MTS Bank will develop in the direction of interest-free installment payments - buy now pay later. Entering this market will also allow it to realize a large-scale network effect, which will lead to an increase in demand for the bank's products. Growth in the number of partners within the installment program will affect the growth of available product categor...