BANK MOSKVY

Bank of Moscow is the fifth largest bank in Russia. It offers banking services to companies and individuals. The bank currently has over 100,000 corporate customers and more than 7 million retail customers. It has almost 380 branches throughout the country, with its headquarters in Moscow, in the former headquarters of the United Bank. Bank of Moscow was established in 1995 and was supported by the Moscow municipal budget in 2010. In 2011, the bank was sold to VTB Bank, which now holds a 95.52% stake. The bank is present in almost every economically important region of the country, with over 100,000 corporate and more than 9 million private customers.