CREDIT BANK OF MOSCOW (CBOM) Q2 2024 earnings summary

Executive summary

• Interim consolidated financial statements prepared for the six months ended 30 June 2024, reviewed by independent auditors with no material misstatements identified.

• Statements are special purpose, omitting certain disclosures to avoid prejudicing the Group or its counterparties, due to sanctions and regulatory context.

Financial highlights

• Net interest income for six months: RUB 59,388 million, up from RUB 51,348 million year-over-year.

• Net fee and commission income for six months: RUB 6,020 million, down from RUB 8,033 million year-over-year.

• Profit for the period: RUB 19,473 million, down from RUB 30,409 million year-over-year.

• Total comprehensive income: RUB 9,885 million, down from RUB 33,292 million year-over-year, impacted by a RUB 9,588 million other comprehensive loss.

• Total assets as of 30 June 2024: RUB 4,796,362 million, up from RUB 4,667,018 million at year-end 2023.

Outlook and guidance

• Group remains compliant with regulatory capital adequacy standards and maintains focus on transparency despite ongoing sanctions.