MTS Bank bought EXI Bank

MTS Bank acquired 99.9% of its technology partner, EXI-Bank JSC, with which it launched the flagship debit card of the MTS Money ecosystem in 2024. Further merger of the two banks will be the next step in implementing the daily banking business development strategy and expanding the presence of financial services in MTS client scenarios. Transaction is practically neutral in terms of its impact on MTS Bank's N1.0 capital adequacy ratio, which is estimated at no more than -0.1 percentage points over the 2026 horizon.