Moskommertsbank

What Moskommertsbank does

Moskommertsbank (КБ «Москоммерцбанк» (АО)) is a privately held Russian commercial bank founded in 2001, headquartered in Moscow, and operating under Central Bank of Russia license No. 3365 dated 17 December 2014. The bank provides a universal suite of financial services across retail, SME, large corporate (≥2 billion RUB annual revenue), and financial institution client segments, with corporate lending and settlement-cash services identified as priority lines. Its physical footprint spans five Russian cities (Moscow, Saint Petersburg, Kaliningrad, Novosibirsk, Chelyabinsk), supplemented by a 24/7 contact center and digital channels.

The bank's technology backbone is the BIFIT iBank platform, delivered through web-based Internet Banking and dedicated mobile applications for business and retail clients, with authentication via cloud electronic signatures (keys stored remotely) and USB tokens via BIFIT Signer. Product set spans RKO tariff packages (Standard, Business, Business without Borders), corporate credit (investment, revolving, refinancing, working capital), deposits with retail rates up to 13.50%, documentary operations including letters of credit and bank guarantees, multi-currency exchange (USD, EUR, JPY, KZT, CNY and others), safe deposit boxes, correspondent banking services (LORO accounts in RUB, CNY, AMD, KZT), and integrations with SWIFT, SPFS, and the Faster Payment System, with ongoing Digital Ruble platform integration.

Revenue is generated through a mix of net interest income on corporate and interbank lending, fee and commission income from settlement services, documentary operations, currency exchange spreads, and bank guarantees, plus net interest on retail and corporate deposits funded via the liability side. GTM is sales-led via branches and dedicated relationship managers for corporates, complemented by self-serve digital channels for retail and SME. The bank was upgraded to ruBB- with stable outlook by Expert RA in March 2026, is a Moscow Exchange member, and maintains correspondent relationships with over 15 foreign banks providing $50M+ in documentary credit lines.

Name

Moskommertsbank

Legal name

Коммерческий банк "Москоммерцбанк" (акционерное общество)

Website

https://moskb.ru

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Moskommertsbank is a privately held Russian commercial bank founded in 2001, providing retail, SME, large corporate, and correspondent banking services through five-city branch network and BIFIT-powered digital channels under CBR license No. 3365.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (522110)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Consumer & Retail (CPG, Food, Apparel) (FSABACAM)

Keywords

• Settlement and cash services
• Corporate lending
• Retail deposits
• Documentary trade finance
• Correspondent banking

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income (Corporate Lending): The bank provides credit services to corporate clients (companies with annual revenue from 2 billion RUB), including investment loans, revolving credit lines, and refinancing. Interest income from loan portfolio is a primary revenue stream.
2. Corporate Settlement and Cash Services (RKO): Account maintenance fees, payment processing fees, and cash operations fees for business clients. The bank offers tariff packages: Standard, Business, and Business without Borders for corporate account holders.
3. Retail Banking Services: Consumer lending (mortgage, consumer credits), deposits, safe deposit boxes (from 22 RUB/day), currency exchange, transfers, and remote banking services for private individuals.
4. Documentary Operations: Import/export letters of credit, documentary collections, bank guarantees for foreign trade, factoring services, and trade financing with correspondent banks. Commission income from documentary transactions.
5. Currency Exchange Operations: Currency exchange for cash and non-cash transactions in USD, EUR, JPY, KZT, CNY, and other currencies. Revenue from spread between buy/sell rates.
6. Correspondent Banking Services: LORO account maintenance for respondent banks, interbank transfers, payments in various currencies (AMD, KZT, CNY, USD, EUR, TRY, GBP, CHF). Commission income from correspondent banking services.
7. Bank Guarantees: Issuance of bank guarantees for import, export, and domestic transactions, including guarantees accepted by Russian customs authorities.
8. Deposits (Business and Retail): Acceptance of deposits from corporate and retail clients. Competitive rates up to 13.50% for retail deposits in RUB.
9. Interbank Lending: Short-term interbank lending including overnight deposits, FX deposits, and collateralized lending against government securities or first-class issuer bills.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

Moskommertsbank is a Russian commercial bank providing a comprehensive range of banking products and services for corporate clients (companies with annual revenue from 2 billion RUB), SMEs, individual entrepreneurs, retail customers, and other financial institutions. Core offerings include settlement and cash services (RKO) under three tariff packages (Standard, Business, Business without Borders), corporate lending (investment loans, revolving credit lines, working capital credit, refinancing), retail deposits with rates up to 13.50%, consumer credits and mortgages, documentary operations (letters of credit, bank guarantees, factoring), multi-currency exchange in RUB, USD, EUR, JPY, KZT, CNY, AMD, BYN, safe deposit boxes, interbank lending, and correspondent banking services for respondent banks.

Product overview

Moskommertsbank (КБ «Москоммерцбанк» (АО)) is a Russian commercial bank providing a comprehensive suite of banking products and services for corporate and retail clients. The bank's digital offering centers on the iBank platform (internet banking for business and private clients) and mobile applications available via RuStore, App Store, and Google Play. Core products include settlement and cash services, corporate lending (investment, revolving, and refinancing loans), business deposits (Standard, Guarantee, and within General Agreement frameworks), documentary operations (letters of credit, collection, guarantees), interbank lending and currency operations, and correspondent banking services supporting multiple currencies (RUB, USD, EUR, CNY, KZT, AMD, BYN, JPY). The bank integrates with payment systems including SWIFT, SPFS, and the Faster Payment System, with plans to connect to the Digital Ruble platform. Supporting digital services include cloud-based electronic signatures and USB token authentication through Bifit Signer and Rutoken.

Differentiator

Problem solved

Functional benefit

Products and services

• iBank for Business (Internet-Bank) Web-based multichannel online platform providing digital banking access for corporate clients, supporting real-time account management, payment processing, currency operations, deposits, and corporate budgeting.
• iBank for Private Clients Internet banking platform for retail customers enabling account management, payments, currency exchange rate display, news, and remote banking services.
• Mobile Banking App - Business (Moskommertsbank BUSINESS) Mobile application for corporate clients providing 24/7 access to account information, payment processing, payment confirmation, document signing with cloud electronic signature, and correspondence with the bank.
• Mobile Banking App - Private Clients Mobile remote banking application for private individuals providing access to banking services via smartphone, distributed through the Russian RuStore app store.
• Settlement and Cash Services (RKO) for Business Account opening in RUB and foreign currencies, payment processing, cash operations, currency control, and remote banking for corporate clients with three tariff packages (Standard, Business for high-volume payments, Business without Borders for foreign trade clients).
• Bank Guarantees Issuance of bank guarantees for import, export, and domestic transactions, including counter-guarantees for first-class Western banks, registered with Russian Customs for customs guarantee acceptance.
• Documentary Operations International settlement services including documentary letters of credit, documentary collections, bank guarantees for export/import, factoring, and linked financing using credit lines from 15+ foreign banks totaling over USD 50 million.
• Banknote Operations Interbank operations with cash currency including purchase/sale of foreign currency cash (USD, EUR, JPY, KZT, CNY and others), ruble delivery with conversion, and currency delivery across Russia.
• Correspondent Banking Services Services for correspondent banks including LORO account management, client transfer execution, and internal real-time settlements in RUB, USD, EUR, CNY, AMD, KZT, GBP, CHF, TRY, and BYN with correspondent banking commissions by currency.
• Fast Payment System (SBP) Transfers Instant payment system enabling 24/7 transfers between individuals using mobile numbers, operating continuously without interruptions during holidays.
• Retail Deposits Deposit products for individual clients offering competitive rates up to 13.50% annual in RUB with multiple term options and product variants (Maximum Income, Stable Income, Favorable Terms, Preferential Terms, On Top).
• Safe Deposit Boxes Rental of safe deposit boxes for individual clients with rental fees starting from 22 RUB/day, providing secure storage for valuables.
• Corporate Credit and Working Capital Financing Credit facilities for corporate clients including investment loans (minimum 300 million RUB, terms up to 7 years), revolving credit lines, working capital credit (up to 300 million RUB, 1 month to 3 years), and refinancing with fixed or floating interest rates set individually based on client financial analysis.

Quantifiable outcome

• Deposit rates up to 13.50% annual for retail clients
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• B2B-CenterminorChannel Partner/ Reseller/ Distributor · 11 June 2026Electronic trading platform used by the bank to conduct open tenders for procurement of goods, works, and services. All vendor tenders are conducted on the B2B-Center platform.
• AO DialogNauka (АО ДиалогНаука)minorImplementation/ SI/ Consulting Partner · 11 June 2026Winner of tender for non-exclusive license rights to antivirus software and for services to assess compliance with national standard ГОСТ Р 57580.1-2017 on information security.
• OOO Company Piligrim (ООО Компания Пилигрим)minorChannel Partner/ Reseller/ Distributor · 29 January 2026Winner of tender for cartridge supplies for bank needs.
• AO SOGAZ (АО СОГАЗ)minorImplementation/ SI/ Consulting Partner · 14 January 2026Winner of tender for voluntary medical insurance services for bank employees.
• OOO Technology Protection (ООО Технологии защиты)minorImplementation/ SI/ Consulting Partner · 21 August 2025Winner of tender for creation of internal corporate portal for the bank.
• BIFITcoreTechnology or IntegrationBIFIT is the provider of the bank's internet and mobile banking platform (iBank). The bank uses BIFIT's solutions for both corporate (Internet-Bank, Mobile Bank) and retail digital banking services. BIFIT Signer is used for electronic signature generation.
• Halyk Bank GroupminorStrategic or Co-development PartnerSpecial conditions are offered to clients of banks belonging to Halyk Group. Favorable terms for operations with counterparties serviced at Halyk Group banks.
• Correspondent Banks NetworkcoreOthersBank maintains correspondent relationships with over 15 foreign banks providing credit lines for documentary operations totaling over $50 million. LORO accounts opened for respondent banks from Russia and abroad.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Alfa-Bank: Largest private Russian universal bank serving corporate and retail clients with multi-currency services and trade-finance products, competing for similar large-corporate and SME mandates.
• T-Bank (Tinkoff): Leading Russian digital-first bank serving retail and SME customers, comparable as a competitor for retail deposits and SME banking relationships within the Russian market.
• Gazprombank: Large Russian universal bank with significant corporate, trade-finance, and correspondent banking operations; competes for the same large-corporate and cross-border mandate pool as Moskommertsbank.
• VTB Bank: Major Russian state-owned universal bank providing corporate lending, FX, trade finance, and correspondent services; overlaps heavily with Moskommertsbank's corporate and cross-border offerings.
• Promsvyazbank: Mid-to-large Russian universal bank focused on SME and corporate segments, including trade finance; competes with Moskommertsbank for mid-market corporate mandates.
• Raiffeisenbank (Russia): Russian subsidiary of a European banking group offering universal corporate and retail banking with strong correspondent/cross-border capabilities directly comparable to Moskommertsbank's value proposition.
• Sberbank: Russia's largest universal commercial bank offering retail deposits, corporate lending, trade finance, and correspondent banking across all regions — directly comparable as a full-service Russian bank competing for the same corporate and retail segments.
• Russian Standard Bank: Russian mid-tier universal bank with strong retail deposits and consumer credit focus, comparable as a competitor in Russian retail deposit gathering and consumer lending.
• Bank Otkritie: Russian universal commercial bank offering corporate lending, RKO, deposits, and trade finance to corporate clients, overlapping with Moskommertsbank's core corporate banking franchise.

Others

• Halyk Bank: Largest Kazakhstani bank and the anchor of Halyk Bank Group, which has a strategic partnership with Moskommertsbank enabling cross-border CIS flows and special conditions for Halyk Group clients.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/moskommertsbank

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Moskommertsbank