Credit Bank of Moscow is therefore involved in an economic sector providing a substantial source of revenue to the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine. Furthermore, Credit Bank of Moscow is benefitting from the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine.
Credit Bank of Moscow is Russia’s largest non-state public bank and Russia’s sixth- largest financial institution. It is a systemically important financial institution for the Government of the Russian Federation. The bank operates in the financial services sector, which is of strategic importance to the Russian economy and generates a substantial source of revenue to the Government of the Russian Federation.
Credit Bank of Moscow receives state support. In May 2022 it obtained a gold export licence from the government. Therefore, it benefits directly from the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine.