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Our Investment Case

MKB is one of the leading non-state universal commercial banks in Russia, included in the list of 13 systemically important banks approved by the CBR. MKB is a publicly-traded financial institution whose shares are listed on the Moscow Exchange and included in the MOEX Russia Index, RTS Index. The Bank has been in Eurobond market since 2006. There are 9 Eurobond issues in circulation for a total amount of USD 2.6bn, EUR 0.9bn and RUB 5bn.

> 200 bn ₽

Market capitalization

4.2 tn ₽

Total assets

27.2%*

CTI ratio

22.9%

ROAE

*as at 31.03.2023

Investment Highlights

Investment Highlights
Financial Strength
Business Model
Efficiency
Sustainability

#1 largest non-state owned listed bank* of systemic importance in Russia
MKB has branches in 23 Russian regions and over 4,000 ATMs and payment terminals
Over 50k corporate and over 880k retail banking customers*
About 9k employees*

*As at 1 January 2023

12.2% through-the-cycle ROAE*
Sizable liquidity buffer
Well-managed loan portfolio quality with through-the-cycle NPL ratio of 2.5%** and Cost of Risk of 1.5%**
Stable funding profile and resilient capital adequacy

*For the period 2018-2022
**For the period 2017-9m2021

Universal model with focus on top-tier Russian companies operating in the selected industries
Reliable bank for international business
Active development of transactional business
Leverage of expertise in cash handling (Inkakhran) and affiliates’ capabilities in investment banking and real estate

Well-managed through-the-cycle Cost-to-Income ratio of 39.2%*
Fast follower strategy in implementation of innovative technologies
Participation in the key Fintech initiatives

*For the period 2018-2022

Corporate social responsibility (CSR) approach focused on stimulating economic growth while improving social welfare
Environmental standards on loan portfolio
Best corporate governance practices
Training opportunities and leadership programs for the staff

Competitive Advantages

Corporate Banking
Retail Banking
Investment Banking

Target large companies from 15 diverse industries
Flexibility and fast decision-making
Focus on RAROC and value added services with 70% of corporate clients using more than 1 product of MKB
Leading market position with strong footprint in Moscow region
Cash handling platform providing strategic benefits from risk management perspective
Online platform powered by Artificial Intelligence

Extensive distribution network with strategically located branches and powerful online offering
Leading deposit offering with competitive interest rates and convenience for customers positioning MKB as a bank for depositors
Leading loyalty programs across retail products
Strong cross-selling platform
Active development of a mobile banking application and retaining leading positions

A full range of investment banking services with individually structured solutions to meet customer needs
Solid Track Record in DCM
Top-1 Best among arrangers of domestic real sector bond placements in Cbonds’ 9m2021 ranking