Profile: OAO "Aktsionernyi kommercheskii bank "Bank Moskvy" (MMBM.MM)

AKB Bank Moskvy OAO (Bank Moskvy OAO or Bank of Moscow OJSC) is a Russia-based financial institution, which offers a wide range of services to its clients including corporate banking, retail banking and investment banking services. AKB Bank Moskvy OAO offers such services as opening and keeping bank accounts of physical and legal bodies, offering the debit and credit cards and safety deposit boxes, financial intermediation, cash and non-cash money transfers, currency exchange, lending and investment services, and other services. It has branch network of 395 offices and 263 points-of-sale located points-of-sale. The Bank operates through 53 branches and one representative office located in Frankfurt, Germany. It is a part of the Association of Russian Banks (ARB) and other organizations. In addition, it has 11 subsidiaries and four affiliated companies. The Bank is 43.99%-owned by the Moscow City Government.