CB Moskommertsbank (formerly CB "MBRP" or Interregional Bank for Development of Entrepreneurship (Limited Liability Company)) - was established in 2001 as a strategic partner of Kazkommertsbank (Shareholder of the Bank till 2018).
Since early 2002 the Bank has conducted business policy of Kazkommertsbank in Russia and has received support from the parent bank in funding, IT and risk management. In 2008 Moskommertsbank became a full subsidiary of Kazkommertsbank. In December 2010 Commercial Bank "Moskommertsbank” (Limited Liability Company) was reorganized into the Commercial Bank "Moskommertsbank" (Open Joint Stock Company).
On December 8, 2014, the name of the Bank was changed in accordance with Resolution No. 3 of the Bank's sole shareholder dated October 06, 2014, to Commercial Bank “Moskommertsbank” (Joint-Stock Company), CB “Moskommertsbank” (JSC) in accordance with the requirements Federal Law of 05.05.2014 N 99-FZ "On Amendments to Chapter 4 of Part One of the Civil Code of the Russian Federation and on the Repeal of Certain Provisions of the Legislative Acts of the Russian Federation".
In May, 2018 Moskommertsbank and NBK-Bank have successfully completed the integration process
CB “Moskommertsbank” (JSC) has announced the completion of the reorganization procedure in the form of merger of JSC “NBK-Bank” (a subsidiary of JSC “Halyk Bank”) to CB “Moskommertsbank (JSC) (a Subsidiary of JSC “Kazkommertsbank”). The corresponding entry in the Unified State Register of Legal Entities of the Russian Federation was made by the Federal Tax Service of the Russian Federation on May 15, 2018. From this date, all rights and obligations of JSC “NBK-Bank” were transferred to CB “Moskommertsbank” (JSC), which became the assignee for all obligations of the JSC “NBK-Bank”.
Since December, 2018 the Sole Shareholder of the CB “Moskommertsbank” (JSC) is JSC Halyk Bank (Almaty, Republic of Kazakhstan). Bank in Russia. Halyk Bank is the largest bank in Kazakhstan and is a market leader in the Kazakhstani banking sector.
Today Moskommertsbank is a universal bank providing a wide range of banking products and services to retail, SME and corporate clients.
Moskommertsbank participates in the following professional associations:
• participant in the deposit insurance system
• authorized bank of the Federal Customs Service of the Russian Federation
• member of the Association of Russian Banks
• member of the FX Market Section of the Moscow Interbank Currency Exchange (MICEX)
• Reuters Dealing 3000 subscriber
• participant in the Western Union money transfer system
• participant in the Russian National Association of S.W.I.F.T. members