Earnings Report /
Russia

Moscow Exchange MICEX-RTS: 3Q21 IFRS results – Neutral

  • MOEX (MOEX RX: E/W; TP RUB134) releases its 3Q21 IFRS financials

  • 3Q21 F&C grew 25% y/y and 5% q/q, broadly in line with expectations

  • 3Q21 NII declined 2% y/y and 6% q/q, in line with our estimates and 5% below consensus

Evgeniy Kipnis
Evgeniy Kipnis

Senior Banking/Consumer Analyst

Alfa
29 October 2021
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