Finance

Bank М+

Bank М+ (ООО "М Plus") is a subsidiary of International Industrial Bank CJSC (IIB). Bank М+ is one of 100 biggest banks of Russia by capital size (more than ?50 mln).

The resolution to establish a specialized retail bank was passed by International Industrial Bank’s Board of Directors in the autumn of 2004. This step was to bring the promising retail banking to a new level and improve effectiveness of the bank group’s business.

One of the main lines of Bank М+’s business is to develop remote banking services available to any resident of the country. The first step taken in this direction was the 2007 launch of an unprecedented project of reception and payment of savings deposits, based on the ordinary postal services provided in 42,000 post offices. That project enabled each resident of the country to enjoy modern banking services, also in the regions where banks do not exist. Bank М+ plans to expand the spectrum of remote services and form new channels of remote banking services on a basis of cutting-edge communication technologies, making bank services even more available and the methods of communication with the bank convenient and diverse. This approach is applied to every group of products — savings, credit, pay, bank cards.

International Industrial Bank and Bank М+ from a single bank group following a common policy on the key financial and economic issues.

Address: 23 (Bldg 1) Bolshaya Dmitrovka Str., Moscow, Russia, 125009
Web Site: www.m-plus.ru, www.vklad.ru