ICT Holding owns a 1.43% stake in the Credit Bank of Moscow. The bank has operated in the Russian banking services market since 1992 and is among the five largest Russian privately-owned banks in terms of total volume of assets.
Credit Bank of Moscow’s shareholders include the European Bank of Reconstruction and Development (EBRD), the International Financial Corporation (IFC) and RBOF Holding Company, which belongs to the IFC Russian Bank Capitalisation Fund.
The bank’s shares have been trading on the Moscow Exchange since its IPO in June 2015. The company’s free float is 22%.