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Ownership in subsidiaries and associate companies

Ownership in subsidiaries and associate companies

Supporting growth and innovation through strong partnerships and investments

Subsidiaries and associate companies

Name	Country of operation	Ownership, %	Business type
Subsidiaries:
“ABB-Moscow” LLC	Russian Federation	100%	Banking
“Azericard” LLC	The Republic of Azerbaijan	100%	The plastic cards processing centre
“IBA GEO” -SC	The Republic of Georgia	100%	Other
“International Leasing Company” LLC	The Republic of Azerbaijan	100%	Leasing
"ABB-Invest Investment Company" CJSC	The Republic of Azerbaijan	100%	Investment
ABB Innovation	Azerbaijan	100%	Digital innovation
Associates:
Azerbaijan Credit Berou LLC	The Republic of Azerbaijan	12.50%	Financial services
Baku Stock Exchange	The Republic of Azerbaijan	4.76%	Securities