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08.05.2008 /Investing
Bank of Moscow announces the holding of its Annual General Meeting of Shareholders
- The Bank of Moscow has announced that its Annual General Meeting of Shareholders will be held on 20 June, 2008 at 15:00 hours at: Hotel Holiday Inn Moscow Sokolniki, 24, Rusakovskaya St., Moscow. Registration of participants will open at 14:00 hours.
08.05.2008 /Investing
LOCKO-Bank increases its Share Capital through a rights’ issue in the amount of RUR 600 million
- Shareholders of LOCKO-Bank have fully paid in a total of RUR 600 million for the fresh share issue. The existing owners acquired pro rata portions of these newly-issued additional shares equal to the relative percentage of shares owned prior to the issuance.
08.05.2008 /Investing
Russians more concerned with the protection of their savings than growing their wealth
- ZAO Citibank today presented its new investment solutions for Russian affluent clients, allowing individuals to invest in international assets with as little as $10,000. Citibank also strengthens its Citigold program by introducing unique Global Access privileges for customers who travel abroad.
08.05.2008 /Investing
Mr. Mikhail Shishkhanov, the majority owner of B.I.N. BANK cancelled the sale of the bank to Mr. Vadim Moshkovich
- The deal, which had been announced on February 21st, 2008, involved the transfer of a 99% equity stake in the bank to Mr. Moshkovich, a senator in the Russian upper house representing the Belgorod region and a partner of RusAgro, Masshtab, and Avgur Estate.
08.05.2008 /Operations
UkrSibbank opens a branch in the hypermarket Auchan
- In the first place, they include currency exchange, loans, deposits, and money transfers. There are also 8 ATMs installed in the hypermarket. For the sake of clients open hours of the branch are 9.00 till 21.00 without days-off.
08.05.2008 /Financial Statements
MBRD announces results for 2007
- The consolidated assets of the Bank group had 127% growth that totaled $ 5 010.0 mln, the consolidated capital (tier 1 and tier 2) had 72% growth and totaled $ 392 mln, the consolidated net income had 142,7% growth up to $ 35,3 mln.
08.05.2008 /Financial Statements
VTB increases its profit
- According to the Russian Accounting Standards, over the last 4 months of 2008, VTB Bank net profit amounted to RUR 6.6 billion, which is a 38% growth against 2007. Such increase was underpinned by interests on credits to corporate customers and the fees.
08.05.2008 /Who's who
Yuri Maksutov is appointed Vice President of The Bank of Moscow
- Yuri Maksutov signed up for the banking sector in 1994. He joined The Bank of Moscow in May 1997. From April 2001 he was the Bank’s Financial Director - Director of Planning and Economy Department.
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