1988
One of the first private commercial banks in USSR – “Credit Moscow” cooperative bank of development – was founded. On 21st of September 1988 “Credit Moscow” cooperative bank of development was put number 5 in the USSR State Bank’s register list.
1991
“Credit Moscow” cooperative bank of development was renamed to “Credit Moscow” joint-stock commercial bank (JSCB). On 30th of September 1991 the Russian Central Bank’s license # 5 was issued, giving the rights to perform bank operations in rubles and foreign currency on the territory of the Russian Federation and abroad.
1992
The Bank’s shares are successfully placed on the Primary Market. Straight corresponding relations with the top foreign banks are established. The Bank becomes a member of MICEX (Moscow Interbank Currency Exchange).
1993
The Russian Central Bank’s general license # 5 was issued, giving the rights to perform bank operations in rubles and foreign currency on the territory of the Russian Federation and abroad. “Credit Moscow” JSCB becomes one of the first Russian banks to operate within the MasterCard international payment system. The same year the Bank becomes a member of S.W.I.F.T. international payment system.
1994
The first MasterCard credit card in Russia issued. The Bank branch opened in the center of Saint-Petersburg, Sadovaya Street. Introduction of “Bankfon” and “Bank client” distant service systems.
1995
The “precious metals (silver and gold) transaction license” was granted by the Russian Central Bank.Introduction of the new credit card products – Mass, Gold and Business cards. The remote-data terminal for trading stocks and future contracts was organized.
1996
One of the first in Russia, the Bank started operating on government holdings market.
1998
The Banks flexibility and mobility allowed to enhance its own indices and overcome the crisis that caused mass credit organizations bankruptcies.
2001
The Bank gets the Government of Moscow and the Government of Moscow region’s comissionary bank status.
2002
Financing of first investment projects. The commencing of one of the Bank’s most important social projects – scholarships to the students of Moscow and Saint-Petersburg economic Universities.
2003
Confirmation of termless professional stockmarket operator’s licenses - brokerage, dealing, depository and shares managing activities license.
2004
A specialized department – Corporate financing – was created to fulfill the growing demands for financial resources for organizations. Introducing of the BS-client distant service system. The Bank becomes a member of the “Contact” money transfer system.
2005
On the 1st of March the Bank Committee on Banking Supervision of the Bank of Russia gives the positive conclusion of the Credit Moscow Bank’s accordance with the requirements of the deposit insurance system.
2006
The financing of the small and medium-sized business becomes the “Credit Moscow” Banks (JSC) primary activity.
2007
Credit Moscow Bank included in the number of banks authorized by the Moscow Small Business Credit Assistances Fund to participate in the program of granting warrants to small-sized enterprises. New braches opened in Vladimir, Ryazan, Belgorod cities aiming to finance small and medium-sized enterprises there.
2008
Credit Moscow Bank entered the number of banks authorized by the Saint Petersburg’s Small Business Credit Assistances Fund to participate in the program of granting warrants to small-sized enterprises. A new branch opened in Volgograd aiming to finance small and medium-sized enterprises there. Being the oldest Moscow bank of the modern Russia Credit Moscow Bank is awarded for its contribution to the Russian economy chronicles.
2009
New retail products are launched – a new line of deposits and the sale of investment coins made of precious metals.
Small business credit abilities are enhanced – specialized credit products were introduced including Commercial Vehicles on Credit, Equipment on Credit, and Business Mortgage.
Agreements for partnering with regional funds to support small business in Volgograd, Belgorod and Ryazan were concluded.
Special bonus plans for small business banking were developed.
Credit-Moscow Bank was awarded a Â++ credit rating (Expert RA). The decision was influenced by a high level of security in loans and deposits liquidity, a SMB customer base, balanced current assets and liabilities and good indicators of liquidity.
2010
The Bank opens a new office in Moscow – a subsidiary office located at 7, ul. Krasnoproletarskaya.
A new specialized credit product for small business was developed – Tender Loan.
A joint Program with Rolf is launched in St.-Petersburg – Autocredit for Business.
A single national telephone number is introduced - 8-800-100-82-82 for all incoming calls.
2011
Credit-Moscow Bank jointly with IFC is implementing advanced SMB service standards A line of retail deposits was expanded - a Pension social deposit was introduced.
Customers using the Bank’s credit cards may now use a grace period of up to 55 days.
Credit-Moscow Bank jointly with OJSC MSP Bank is participating in the State SMB Financial Support Program.
A new Business Credit Center with an enhanced range of services for small enterprises is opened in Belgorod.
A back office is opened in Voronezh with a view towards providing loans to small and medium-sized businesses.
Credit-Moscow Bank is awarded a credit rating of A (Expert RA).