About the Report

In 2019, CREDIT BANK OF MOSCOW («MKB» or the «Bank») decided for the first time in its practice to disclose the results of its sustainable development activities in a separate Sustainability Report for 2018. One of the key goals pursued by MKB in the field of sustainable development is to increase transparency and improve the quality of disclosing information on its performance results, which affected the decision to prepare an individual corporate social responsibility report.

This Sustainability Report for 2019 (the «Report») continues the Bank’s development thrust, contains additional information on the key nonfinancial topics, and constitutes a part of the Bank’s annual reporting. This Report shall be considered along with the Annual Report.

The information contained in this Report was prepared by MKB in compliance with the Global Reporting Initiative («GRI») Standards: «core» disclosure. Key aspects of sustainable development and social responsibility were defined in accordance with GRI standards.

Material topics of the Report:

Materiality Matrix

To define the key topics of the Report, MKB identified the material aspects pursuant to GRI Standards.

The general approach of the MKB in determining the material topics to be included in the Report is based on:

As a result, we arrived at a list of topics disclosure of which gives a full profile of MKB activities in the sphere of sustainable development (20 material topics were established).