KB "Moscow Business World" ("MDM-Bank"). MDM Bank management leaves for the regions Management Board of MDM Bank

Registered in 1993. FOUNDERS (as of 1993): AGRODORTECHSNAB LLP, DIT LLP, SEPTET LLP, Russian-American-Hong Kong JV VELAMI, JSC INTERINVEST. At the beginning of 1997, MDM LLP was transformed into OJSC. MAIN SHAREHOLDERS (1998): VTO "Baltika", NPO "Spetsvyaz", LLC "Our Participant", JSC "Uralelectromed", LLC "Korner", LLC "First Plant", LLC "Tores". MAIN SHAREHOLDERS (1997): Tekhsnab-2000 LLC, Agrodortekhsnab, Gaisky GOK JSC, Department of Temporary Operation JSC, Sobinbank CB (about 14%), Uralelectromed. SUPERVISORY BOARD (elected on August 16 1999): Pomazkov M.N., Dymov A.P., Melnichenko A.I., Deripaska O.V., Mamut A.L. In September 1998, MDM fully repaid the targeted syndicated loan in the amount of 12 million. German marks provided to the bank in the spring of 1998 to finance the import of cars. Part of the funds not subject to the moratorium announced on August 17 was returned ahead of schedule, the rest of the funds were returned on time to repay the loan. According to MDM Vice President Levon Israelyan. direct targeted use of the loan by MDM Bank made it possible to reduce the cost of imported cars on the Russian market, increase their sales volume and ensure full and timely repayment of borrowed funds" (RBC). LIST OF LEGAL ENTITIES IN WHICH THE BANK OWNED 5% OR MORE OF THE AUTHORIZED CAPITAL ( January 1997): JSC "Tver Excavator Plant", JSC "Pavlovsky Bus", JSC "MDM-Realty", JSC Investment Company "MDM Invest", KB "Vizavi", NPF "Moscow Industrial Pension Fund", LLC "MDM-SOFT" ", JSC "New exchange technologies". In June 1996, the shareholders of MDM Bank were replenished by: Corporation of Conversion Enterprises, Uralelectromed, Gaisky Mining and Processing Plant, Abakan Branch of the Railway, Cherepovets Iron and Steel Works, Sayanogorsk Aluminum Plant, Kirovograd Copper Smelting Plant, Sayanal JSC, Baltic Shipping Company JSC, JSC "Petrovsky Passage" With their entry authorized capital bank increased from 100 to 80 billion rubles. At this time, Yuri Nosov, the former head of one of the departments of ONEXIM Bank, was elected as the new deputy chairman of the board. The new adviser was Fyodor Panferov, former deputy head of the main directorate of the Ministry of Defense, and previously first deputy head of the secretariat of KGB Chairman Yuri Andropov (Segodnya). In June 1996, the former chairman of the board of BaltONEXIMbank, Sergei Medvedev, became the manager of the St. Petersburg branch of MDM Bank. ("Profile"). MDM Bank is one of the largest importers of dollar cash into the Russian market. According to the bank, in January 1996 the bank imported 18% of cash instead of 1-2% at the beginning of 1995 (Kommersant-Daily, 01/25/96). In 1993, the MDM Group was created. Vyacheslav KOSTIKOV became the President of the MDM Group in December 1996. At the end of 1995 - beginning of 1996, MDM Bank purchased insurance for the transportation of cash currency within Russia. Since the insurance of Russian insurance companies is not recognized by either the auditors or the bank's partners, Lloyd's was recommended to the bank. Since insurance of property risks in Russia is prohibited in Western companies, an intermediary was chosen - Moscow insurance company"Russia", which must then reinsure the risk with Lloyd's. Payments for insured events will be made directly by Lloyd's (Kommersant-Daily, 2.02.96). In July 1996, the St. Petersburg branch of MDM Bank was headed by Sergei Medvedev, who was previously the chairman of the board of BaltONEXIMbank, and before that the head of the Main financial management City Hall of St. Petersburg. The bank's plans stated its intention to seek rapprochement with the local administration. Shortly before the appointment, the branch issued a loan to the St. Petersburg mayor's office in the amount of 50 billion rubles for the implementation of social programs. Part of the loan (15 billion rubles) was provided in the form of a bill of exchange to repay debts to enterprises of the Committee on Economics and Finance, which opened an account with a branch of MDM Bank. In addition, MDM Bank received the status of an authorized dealer for transactions with municipal treasury bonds of St. Petersburg (Kommersant-Daily, 07.17.96). In July 1996, the Central Bank of the Russian Federation included MDM Bank in the list of banks that will be invited to participate in servicing non-residents on the government bond market. In October 1996, MDM Bank received the status of a bank authorized by the Ministry of Finance of the Russian Federation to make cash offsets. In the Arkhangelsk region, a cash offset was carried out in the amount of almost 100 billion rubles, and in the Republic of Khakassia - in the amount of over 50 billion rubles. At the end of 1996, the European Bank for Reconstruction and Development (EBRD) opened a credit line for MDM Bank in the amount of $5 million as part of the Financial Institutions Development Project (FIDP). In accordance with the terms of the agreement, the EBRD guaranteed the fulfillment by MDM Bank of payment obligations arising from the latter under letters of credit and guarantees confirmed by Western banks. In January 1997, the meeting of shareholders decided to transform the bank into an OJSC. It was planned to conduct two issues of shares in the amount of 1 trillion. rubles As a result of the first issue (100 billion rubles), the former shareholders became shareholders - Gaisky GOK, the Temporary Operation Department, Sobinbank and Uralelectromed. Half of the second issue (450 billion rubles) was planned to be offered to Western banks. In February 1997, MDM was mentioned in an analytical note signed by the head Federal service currency and export control by O. Popov and addressed to First Deputy Prime Minister V. Potanin. The note included banks violating currency laws (Kommersant-Daily, 02.25.97). In October 1997, MDM Bank, among 15 banks, won a tender from the Ministry of Finance for the right to participate in servicing operations under the reverse budget offset scheme until the end of 1997. The reverse budget offset scheme consisted in the fact that funds from the budget are transferred to the account of the budget recipient in one of the authorized banks. From these funds, the budget recipient repays debts to his creditor, who, in turn, is a debtor to the budget. When this operation is carried out, the funds are again transferred to the account in the authorized bank and transferred to the federal budget as tax payments. In November 1997, the Ministry of Finance of the Republic of Kalmykia selected MDM Bank as an authorized depository and payment agent for the placement of internal loans - the issuer of bonds. By December 1997, 10 thousand debt discount bonds were placed, the buyers of which were Moscow banks. In December 1997, MDM Bank, among 8 banks, won the Ministry of Finance competition for the right to provide targeted loans to constituent entities of the Russian Federation secured by government non-market loan bonds (OGNZ). In December 1997, JSCB MDM received a syndicated loan from a consortium of foreign banks. The organizers of the syndicate were Bayerische Landesbank, London Forfaiting Asia Ltd. and Bank of New York. The loan agreement, signed by the parties on December 22, 1997, provides for the provision of $25 million to MDM Bank for a period of 6 months. at the rate of LIBOR+4.625% with the possibility of extension for the next 6 months. In June 1998, MDM Bank fully repaid the syndicated loan received in December 1997. According to the deputy chairman of the bank's board, Gleb Kostin, the bank did not exercise the right to extend the loan and decided to return it in full. The management of MDM Bank sent inquiries to the members of the syndicate and received responses from which it followed that 50% were in favor of extending the loan and 50% were in favor of its return. Thus, the management of MDM Bank decided to repay the loan in order to show the market that “it has no problems with liquidity,” said G. Kostin (PRIME-TASS, 07/2/98). After the victory of the LDPR representative Evgeniy Mikhailov in the gubernatorial elections in the Pskov region in 1996, a branch of MDM Bank was opened there. E. Mikhailov recommended transferring to a branch of budgetary organizations from the local bank of Sberbank of the Russian Federation (“Moscow News”, No. 52, 1997). In January 1998, MDM Bank announced that it would receive a loan of $10 million from the transnational bank Wells Fargo HSBC Trade Bank guaranteed by U.S. Eximbank (USA). The decision to provide the loan was made on February 22 by the board of directors of U.S. Eximbank. The funds were provided to ensure the supply of equipment by the American company Omnitech International Inc. to the Russian holding "ROSTAR" as part of a project to build a plant for the production of aluminum cans. The total cost of the project, financed by MDM Bank with the support of foreign investors, is estimated at $200 million. The bank did not suffer much from the 1998 financial crisis. On August 27, the chairman of the bank's board, Andrei Melnichenko, said that MDM's losses amounted to about $20 million. According to him, MDM Bank stopped operations in the external debt market in April, so it did not suffer losses on this market. MDM Bank’s own portfolio of external loan bonds, Melnichenko said, amounted to about $15 million (at the market rate, losses from them amounted to approximately $8 million, the volume of investments in the GKO-OFZ market amounted to approximately $14 million, therefore, provided that funds were not received from of this market and the losses will be equal to this amount. MDM Bank actually had no ruble assets, since its main clients are exporters. Thus, according to A. Melnichenko, the current financial losses of MDM Bank amounted to approximately $20 million with an equity capital of $120. million, thus, the bank retained its capital and did not lose the ability to make payments (PRIME-TASS On September 9, 1998, MDM Bank made early repayment of part of its obligations in the amount of $4 million out of the total amount of obligations of $20 million to foreign creditors). trade finance operations. Early repayment of obligations was carried out at the request of some creditors. The bank did not have any obligations that were subject to the announced moratorium. Since September 9, 1998, JSCB "Moscow Business World" made payments without restrictions on Visa cards of all banks, with a commission of 7-22% depending on the period of issue of funds. By September 14, 1998, MDM Bank had paid over 1 million rubles to Visa card holders of other banks, while several hundred citizens were able to receive their savings from card accounts (AK&M). In October 1998, the Board of Directors of Europay decided to provide MDM Bank "the status of a principal member of this payment system and a license to work with all its products. As Oleg Shvetsov, vice-president of MDM Bank, emphasized, the bank’s previously existing status as an associated member of the Eurocard/MasterCard system, which implies working through an intermediary bank, was far from consistent with the volume of transactions carried out on bank cards and the bank’s desire to work directly with the payment system (RBC) In November 1998, MDM Bank announced its intention to open a branch in Kemerovo. The branch was created primarily for financial services economic activity a major corporate client of the bank - the Kuzbassrazrezugol company (the world's sixth largest coal company with an annual turnover of over $350 million), as well as a number of chemical industry enterprises (RBC). In November 1998, the St. Petersburg branch of MDM Bank sold the foreign exchange business along with the five largest hard currency exchange centers and a network of local points. Until 1996, this business brought a large share of the bank's profit: MDM Bank in St. Petersburg accounted for up to 25% of all foreign currency sales in the city. In the fall of 1998, the branch mainly earned income from service fees and was focused on obtaining high profits by increasing the volume of services provided while maintaining tariffs, according to a report from the MDM Bank branch (PRIME-TASS). In March 1999, Siberian Aluminum and MDM Bank began jointly implementing long-term programs to finance the foreign trade activities of the group's enterprises, including the Sayanogorsk Aluminum Smelter (SaAZ) and the Samara Metallurgical Plant. The expansion of the scope of cooperation, as noted in a press release from MDM Bank, is due to the fact that in 1999 the Siberian Aluminum group was supposed to significantly increase the volume of products supplied to world markets (RBC). At the end of March 1999, the Ministry of State Property of the Russian Federation selected MDM Bank in a competition among 5 banks authorized to accept funds for payment for shares put up for regional and all-Russian special auctions. In April 1998, based on the results of a diagnostic survey, current reporting and agreement with the Central Bank of the Russian Federation, by decision of the Strategic Issues Group of the Financial Institutions Development Project (FIDP), MDM Bank was assigned to the first group of Russian banks accredited to participate in the programs of the World Bank and the EBRD. Banks assigned to this group are recommended for servicing special accounts of WB projects, having received the right to participate in the assignment of existing portfolios of final loans of the Enterprise Support Project. On June 21, 1999 in London, MDM Bank and KBC Bank NV, London held a joint presentation for Western banks of the first syndicated loan after the August 1999 crisis to finance the export of Russian products. The object of financing was the supply of primary aluminum produced at the Sayan Aluminum Smelter to buyers in Western Europe, the USA and Asia. The amount of the revolving credit line is $20 million, the line is provided for 1 year. Each tranche was issued for a period of up to 60 days, depending on the length of the sales cycle. The structure and basic terms of the loan were developed by trade finance specialists from MDM Bank and KBC Bank NV, London, who acted as joint organizers of the syndication. The provision of a syndicated loan takes place within the framework of the first stage of the joint program of MDM Bank and the Siberian Aluminum Group to attract financing for foreign trade contracts of SaAZ and the Samara Metallurgical Plant. MDM Bank reached agreements with a number of foreign banks on financing the export of SMZ products to the USA for a total amount of $20 million and to Western Europe for $5 million. On July 16, 1999, the Ministry of Atomic Energy of the Russian Federation and MDM Bank signed a cooperation agreement in financial and economic sphere. The main goals of cooperation were to optimize the management of financial resources within the industry. In addition, the agreement provided for a system of settlements between industry enterprises and external counterparties with the involvement of bank specialists, providing industry enterprises with a full range of banking services. The parties also agreed to jointly develop and implement a set of measures aimed at solving the problems of strengthening financial discipline and increasing the manageability of the industry’s financial flows (RBC). In July 1999, MDM Bank provided the LUKoil-Arctic-Tanker company with a loan in the amount of $16 million to finance the transportation of petroleum products. Cooperation plans include a number of other projects, including financing the construction of new ships.

I don’t even know where to start my terrible story, having now survived this criminal hell for 667 days, I look at the world differently, I appreciate every day I live, I’m fighting, I was finally hired for a good and interesting job in a normal adequate bank, Yes, the Central Administrative District Internal Affairs Directorate has not left me alone for three years now, yes, my family has suffered. But! I have been waging an ongoing struggle with the Central Administrative District Internal Affairs Directorate and MDM Bank for three years now. Every cloud has a silver lining - I had to study the Criminal Code, the Code of Criminal Procedure inside and out, learn how to file appeals, cassation in arbitration courts, and even get to the point of supervision with one of the clients of MDM Bank, and even General Prosecutor's Office woke up and took my side, but more on that later. But the most important thing is that I broke myself, did not break, stopped being afraid of the Central Administrative District Internal Affairs Directorate and the BANK, and I treat them with contempt and irony, pouring out all my legal poison on them in complaints (and read - in outright bullying).

Lawyers say that my case is unique, that the number of acquittals is less than 1%, that the Internal Affairs Directorate was never able to bring the case to court, but closed it themselves and... according to part 1, paragraph 2, article 24 of the Code of Criminal Procedure - rehabilitation and lack of corpus delicti . I and the clients of this bank made a number of terrible mistakes, which then had to be corrected with blood. But first things first.

I worked at MDM Bank for more than 9 years, the bank merged with URSA Bank in 2009, the management was constantly changing, I held on as long as I could. My “trouble”, as the head of one very small but profitable division, consisted of only one thing - we were earning too much (10% of the entire net profit of the entire bank), and the loans issued by the division at the time of my dismissal exceeded $100 million. And then one day my leadership changed, they came - T.S.A. (Head of the Financial Markets Department), K.V. (Head of the Treasury Block of MDM Bank OJSC), T.S.N. (Chairman of the Board), who saw that the loans issued can be..., but first things first. I understood everything then, and quit the bank; naturally, they didn’t let me close the client’s debt. I thought then - I need to go to another bank, refinance the clients’ debt, keep clients, but that was not the case.

So, in November 2011, a certain employee of the Central Administrative District Internal Affairs Directorate called me on my cell phone and introduced himself as detective B.K.S. (it was his “report” that would later form the basis of the criminal case) and asked to come for a pre-investigation check, naming two clients of the bank. Being at that time still a person with naive thinking, with a sense of naive justice in the style of “yes, these clients pay interest, the contracts will be closed only on March 31, 2013, but what about them, and what does the Internal Affairs Directorate of the Central Administrative District have to do with it?” I got ready and went to the Central Administrative District Internal Affairs Directorate. They were not interested in my explanations, seeing that the debt of bank clients could be stolen - in December 2012, a criminal case was opened, and against me, case No. 380632. So, in December 2012, I found myself a suspect in criminal case No. 380632 under Art. 201 part 1 “Exceeding official powers.” What? I had a power of attorney, I signed an agreement, there is no affiliation with these companies, why? And then I got angry, studied the Criminal Code, Code of Criminal Procedure, etc., and called investigator H.K.A. with the words: “I will come and I am not going to hide.”

Summer 2012 – seizures and searches of bank clients, seizure of documentation. Starting from November 2012, investigator O.M.A. (feminine, at that time she was a major, but now she was given a lieutenant colonel) pestered me with various interrogations - confrontations. December 2012 – the peak of pressure from the Central Administrative District Internal Affairs Directorate, an attempt at extortion, threats of arrest, etc. My position is not to run, to prepare a competent legal position.

April 2013 - debt closure by enterprises under pressure from the Internal Affairs Directorate of the Central Administrative District and MDM Bank.
1. Money was transferred from bank clients to the M-o H-ng L-d company (Bahamas), but was not returned to MDM Bank itself, theft of $70 million. The theft scheme has been broken (unfortunately, for the Internal Affairs Directorate of the Central Administrative District for Arbitration Courts, the amount of stolen funds is 70 million US dollars (debt to the bank of the companies CJSC Rn, CJSC R-ii, LLC K-ry. Technologies. Service ", OJSC "R-k "V-lyy", CJSC "Dra-met", LLC "IPK "Dr-met"), the entire scheme of theft is hammered into the definitions of arbitration courts and is publicly available on one website.
2. These companies repaid their debts not to the bank, but to the accounts of companies in offshore jurisdictions, about which there are definitions Arbitration Court city ​​of Moscow - determination of judge Sh.S.N. dated May 20, 2013 in case A40-138990/12, ruling of judge K.I.E. dated April 12, 2013 in case No. A40-52420/12, ruling of judge L.K.V. dated May 16, 2013 in case No. A40-50598/12, ruling by judge K.A.A. dated June 20, 2013 in case No. A40-136780/12-2.
3. Funds for these clients were transferred according to the following scheme - MDM Bank OJSC transferred the debt of Dr-met CJSC to the offshore Cyprus company G-s H-ng L-d, the debt of IPK Dr-met LLC, K-ry LLC . Technologies. Service", OJSC "R-k V-y" was assigned to M-o H-g L-d (the agreement was signed by S.S.A.).
4. The debt from G-s H-gs L-d and M-o H-g L-d and under assignment agreements No. 1,2,3,5 dated March 27, 2013 was assigned to M-o M-t L-d (Bahamas) - the agreements were created by D.A. K-v (Deputy Head of the Asset Management Unit of MDM Bank). He will then write a letter to the Central Administrative District Internal Affairs Directorate stating that “There is no damage to the bank.” The debt under ZAO R-n/R-y was also assigned to M-o M-t L-d and signed by K-vym.
5. The debt from M-o M-t L-d under agreement No. 6 dated March 28, 2013 was assigned to A-t L-d (Seychelles).
6. In accordance with the ruling dated June 24, 2013, Judge K.A.G. (case No. A40-52661/12), A-t company L-d paid the company M-o M-t L-d 70,000,000.00 (seventy million dollars) US, but M-o M-t L-d bought the debt from G-s H-s L-d for 21,150,000.00 (twenty-one million one hundred fifty thousand) rubles.
7. It turns out that the money ultimately did not reach the bank, but is in the current accounts of M-o M-t L-d (Bahamas), which bought the debt from G-s company for a symbolic 21.15 million rubles. The above companies are not structures affiliated with the bank.
The result is that $70 million was stolen.

Summer 2013 - attempts at extortion in the style of “give 400” and we will close it for rehabilitation. May 2014 – a resolution was received to terminate the rehabilitation case without bribes. February 2014 - another criminal case was opened against the company Ev-m, separated from my case (a classic “order”!). May 2014 - regular calls from the Central Administrative District Internal Affairs Directorate, sending them to...

I would like to say special thanks to two people from the law enforcement system who at least somehow react and try to put in their place the officers in uniform of the Central Administrative District Internal Affairs Directorate - A.A.V. (Prosecutor's Office of the Central Administrative District of Moscow), I.R.D. (Prosecutor General's Office).

Another corruption scandal involving MDM Bank broke out in the Kurgan region. Auditor Alexander Parshin, who testified about the withdrawal of billions through MDM Bank, may have been killed there. Moreover, one of the secret contenders for the post of governor of the Kurgan region was involved in this scandal.

Was the witness of the “gray withdrawal” of billions through MDM Bank “removed” in the interests of the bankers?

It seems that it is not for nothing that MDM Bank has a bad reputation as one of the most “criminal banks” in the Russian Federation. After all, various scammers and corrupt officials often use his services to withdraw assets. A similar scandal occurred in the Kurgan region, which was inflated by the head of the Ural Economic Arbitration and Audit company, Alexandra Parshin, who managed to attract public attention to the withdrawal of billions through MDM Bank.

Moreover, Parshin himself became, in fact, an unwitting participant in this scam with the withdrawal of finances through MDM Bank, and this entire scheme was organized by an influential official from the financial block of the Kurgan region, Yuri Kasyanenko, associated with taxes, and the general director of Kurganstalmost CJSC Dmitry Paryshev, who in his inner circle is called the future governor. Investigators also believe that as yet unidentified top managers of MDM Bank also acted with them.

So, Yuri Kasyanenko created two one-day companies, Tsefei LLC and Paritet LLC, the formal founder of which was Igor Petrenko, a “nominee” living in Kurgan, for whom, according to an extract from the Unified State Register of Legal Entities, 26 companies are registered both in the Trans-Urals and in the capital . Moreover, formally these companies were registered only to participate in the Rosrezerv competition for the supply of fuels and lubricants, although in fact this entire operation was only a cover for a scheme for laundering “black cash”!

The role of the relative of the deputy chairman of the board of MDM Bank in the scam?

Next, Fyodor Gladkov, who came from Moscow, joined the swindlers and asked to open current accounts “Cepheus” and “Paritet” in “MDM Bank”, where his relative works as the deputy chairman of the board!!! Soon Gladkov demanded that a power of attorney be drawn up for him, took the documents and access keys to current accounts and left.

According to the key witness in this case, auditor Alexander Parshin, “for several months we have not heard anything about these companies. And then we got a call from MDM Bank and said that more than 1 billion rubles had been deposited into our accounts.”

As a result, it became clear that the scheme, which Gladkov explained by the need to participate in the Rosrezerv competition for the supply of fuel and lubricants, was in fact a cover for laundering more than a billion rubles in Moscow.

Since Alexander Parshin very quickly realized that he had been “framed”. According to rumors, Yuri Kasyanenko used blackmail to draw him into this scheme, then Parshin managed to “leaks” the information to the employees of Rosfinmonitoring and the FSB.

The connection between “cashing in billions” and Sergei Popov?

After all, Parshin, immediately after he reported a scam involving a relative of the chairman of the board of MDM Bank to law enforcement agencies, unknown people began to threaten with physical destruction. The man was intimidated and began to hide, having agreed with his friends that if everything was fine with him, he would get in touch. If something happens to him, the video that he managed to record should be published. Now people who know about this story from the very beginning have reason to suspect that Alexander Parshin is no longer alive.

Now, after the mysterious disappearance of Alexander Parshin, investigators are rumored to have become interested in the scheme of “wiring” the so-called “black cash” through MDM Bank.

According to preliminary information, security officials believe that the owner of MDM Bank Sergei Popov and ex-chairman of the board Sergei Timofeev took part in the process of withdrawal of assets, in which a relative of the deputy chairman of the board of MDM Bank, Fyodor Gladkov, was “seen.” It’s hard to believe that Popov and Timofeev were not aware of how billions were being “scrolled” through MDM Bank?!!

The prosecution's version against Popov and Timofeev?

Moreover, the version of complicity in the illegal cashing and withdrawal of assets of Popov and Timofeev found its indirect confirmation in the “belt factor.” Thus, a scam involving a relative, Deputy Chairman of the Board of MDM Bank Fedor Gladkov and the head of the Ural Economic Arbitration and Audit company Alexander Parshin occurred in 2011, and already at the end of 2011 - beginning of 2012 Parshin panicked and handed over materials about this scam to law enforcement agencies .

And already in mid-February 2012, the press learned that Igor Kuzin, who headed the bank in 2008-2009 (before the merger deal with URSA-Bank), could become the new chairman of the board of MDM Bank.

According to rumors, the owner of MDM Bank, Sergei Popov, had realized by that time that Sergei Timofeev had, so to speak, “burned himself out” on the “withdrawal of a billion” and it was time to replace him. Obviously, everything was done in a hurry, so Kuzin was quickly returned to MDM Bank. As a result, on June 1, 2013, Igor Kuzin took the post of Chairman of the Board of MDM Bank!

However, it seems that the scheme for “wiring” the “black cash” was so important for Sergei Popov that he appointed Sergei Timofeev as the head of the Ural Territorial Bank, part of MDM Bank OJSC. Moreover, this castling became known in mid-February 2012!

Now Timofeev’s area of ​​responsibility includes units located in the Sverdlovsk, Chelyabinsk, Kurgan, Samara and Tyumen regions, Perm region, Orenburg, as well as in the republics of Bashkortostan, Tatarstan, Udmurtia and Mari-El.

In other words, Popov appointed Timofeev to “look after” the Kurgan region, through which the “black cash” was withdrawn. Although, apparently, the withdrawal of “black cash” went through all the Ural branches of MDM Bank OJSC.

Let us note that before his appointment as Chairman of the Board in 2010, Sergei Timofeev had already managed the activities of MDM Bank in the Urals!!!

Sergei Popov and the raider attack on URSA Bank?

By the way, between Kuzin and Timofeev, MDM Bank had another chairman of the board. After all, after the merger of MDM Bank with URSA Bank in 2009, the merged bank was headed by Igor Kim, the main owner of URSA Bank.

And in the summer of 2010, Kim was replaced as chairman of the board by Sergei Timofeev. Moreover, Kim resigned from the shareholders of MDM Bank in February 2012.

Let us note that immediately after MDM Bank managed to successfully absorb URSA-Bank, it gradually “threw out” from the joint bank all the people affiliated with the founder of URSA-Bank, Igor Kim.

So Kim’s departure was the actual completion of the raider takeover of URSA-Bank by the structures of Sergei Popov, but before the merger of the banks, Popov painted “mountains of gold” for Kim, and then “dumped” him, replacing him with Timofeev, who was loyal to himself.

By the way, in the case of the disappearance of Alexander Parshin in the Kurgan region, there is also a thread that leads to Sergei Timofeev. After all, after the testimony that Parshin could give to the investigation, the operatives could easily get first to Timofeev, and then to Popov.

So who benefited from the disappearance (and possibly murder) of Parshin?! Not Timofeev and Popov?!!

Bank "on blood"?

By the way, this is far from the first episode when Sergei Popov’s opponents die a violent death!..

Here it is worth recalling the scandal associated with the contract killing of the chairman of the board commercial bank"Conversebank" of Alexander Antonov and his security guard Alexander Komarov.

The whole point is that MDM Bank managed to capture Conversbank. And when Antonov’s murder occurred, there were many rumors in the business community that Antonov, shortly before the assassination attempt, had serious disagreements with the owner of MDM Bank, Sergei Popov.

So who benefited from Antonov’s death?!! Alas, it’s not difficult to guess!..

Moreover, there is another mysterious death in the history of MDM Bank!

Indeed, due to the fact that previously MDM Bank deliberately refused to name its shareholders, Anton Malevsky was considered one of the then owners of MDM. It is curious that after a series of scandalous transactions of MDM Bank, Mr. Malevsky died tragically under very strange circumstances!

Rumor has it that it was after the death of Malevsky that Popov gained complete control over MDM Bank, so, in fact, the MDM Bank that we see now, according to rumors, was founded thanks to raiding and crime. If so, does this bank deserve the trust of its depositors?

Well, of course, who benefited from Malevsky’s death is also clear to everyone!!!

Fraudsters and bandits from MDM Bank?

Let us note that it is not for nothing that so much crime revolves around MDM Bank. After all, this bank is often used for “not entirely legal” financial transactions!

After all, back in the “dashing 90s” the management of MDM Bank was involved in high-profile financial scandals! So, for example, a similar scandal occurred in 1997, when investigators discovered that a major drug supplier from Afghanistan, a citizen of this country, Mohammed Sherkhan, was laundering money from his company Sherkhan through MDM Bank.

Let us note that while developing this operation, investigators detained a number of MDM Bank employees. In total, during the operation to eliminate the drug trafficking channel, which was carried out by Mohammed Sherkhan, about 1 billion rubles were seized.

However, despite the success of the investigators, the management of MDM Bank was not brought to justice at that time. Rumor has it that Sergei Popov managed to trivially “excuse” his bank.

And recently, the connection between the former chief inspector of the Accounts Chamber of the Russian Federation Pavel Eremeev, accused of embezzling 30 million rubles from the budget of the Republic of Buryatia, was revealed.

Let us recall that, according to the investigation, Pavel Eremeev, being in the position of chief inspector of the inspection for control of the federal fund for the support of subjects Russian Federation The Accounts Chamber of the Russian Federation in the summer of 2002, as part of a commission that audited the execution of the republican budget, arrived in the capital of Buryatia. Meeting with the ministers and the head of the republic, Pavel Eremeev invited them to enter into a contract with the company TK Krimson LLC for the development and implementation automated system financial planning and procurement management for government needs and presented to the officials the draft agreement he had on behalf of this organization, signed by its head and sealed.

But then the Government of the Republic of Buryatia transferred 30 million rubles to the bank account of Crimson LLC. From there, this money was transferred to the account of an American company opened at AsiaUniversalBank in Bishkek, the Republic of Kyrgyzstan, from which it was stolen.

The scandal broke out when it turned out that the Russian account of Crimson LLC, where 30 million rubles were initially transferred by the Buryat authorities, was opened in the joint-stock commercial bank Moscow Business World (aka MDM Bank).

Thus, investigators have a version that Pavel Eremeev was in collusion with one of the top managers of MDM Bank, which allowed him to withdraw all these 30 million rubles to the USA!

However, top managers of MDM Bank themselves often steal. Probably the most revealing story in this regard is history. general director Regional legal center "TVK" Tamara Kostomarova from St. Petersburg, who, to her misfortune, entrusted her savings to MDM Bank. But she kept 11 million rubles in this bank, which were intended for a series of operations on her sick son in a French clinic!!!

So these 11 million rubles were stolen from Kostomarova’s account, and she blames the immediate management of MDM Bank for this!

By the way, some of the top managers of MDM Bank have already been imprisoned!

For example, in the 2000s, ex-State Duma deputy from the LDPR Evgeny Ishchenko, who was called one of the founders of MDM Bank, was imprisoned. As a result, he was convicted of tax evasion, seizure of enterprises and transfer of assets abroad. But Ishchenko was deputy chairman of the board of directors of MDM Bank!!!

In connection with this and other criminal scandals related to MDM Bank, experts have the opinion that this is not a bank, but a real organized crime group!

So, after all this, can you trust MDM Bank?!!

Sergey Timofeev - General Director, Chairman of the Board

Appointed General Director, Chairman of the Management Board in July 2010. Before the invitation to head MDM Bank, he was a member of the board of JSC RAO Energy Systems of the East and was Deputy General Director for Economics and Finance of OJSC Far Eastern Energy Management Company. From October 1996 to July 2001, he headed the Client Relations Department and was a member of the board of JSCB Primorye.

In August 2001, he moved to MDM Bank OJSC to the position of Branch Manager in Vladivostok, and in 2008 he headed the management of the bank’s branches in the Urals. He began working in the banking sector in 1994 at OJSC Far Eastern Bank.

He graduated from the Pacific State Economic University with a specialization in finance and credit and the Primorsky Institute for Advanced Studies and Training for Civil Service with a specialization in state and municipal management.

Tatyana Pupkova - Deputy General Director, Head of the Operations Unit, Member of the Management Board.

Since January 2009, she has been Deputy Chairman of the Management Board of OJSC MDM Bank. In November 2008, she was appointed to the position of head of the Operations Unit. She moved to MDM Bank from Etalonbank, where she held the post of Chairman of the Board since 2006. Before that, she headed Uralvneshtorgbank OJSC, worked at Caspian Bank JSC, and rose from Director of the Operations Department to Deputy Chairman of the Board.

She began her career in banking at the Innovative commercial bank “KRAMDS Bank” (Kazakhstan).

Graduated from the Energy Institute, Market Institute at the Kazakh state academy management and the Higher School of Law "Adilet".

Vadim Sorokin - Deputy General Director, Financial Director, Member of the Management Board

From December 2008, he held the position of Deputy Chairman of the Management Board of OJSC MDM Bank, and was appointed Chief Financial Officer of MDM Bank in October 2008. From 1997 until moving to MDM Bank, he worked at Deloitte & Touche CIS, where from 2001 Mr. was a partner, head of practice for servicing financial institutions. From 1989 to 1997 he worked as financial director of the investment company "East European Investment Alliance", vice president for finance of the commercial bank "Alba Alliance", chief accountant transport company. He began his professional career at KPMG.

Graduated from the Financial Academy under the Government of the Russian Federation, Faculty of Accounting.

Konstantin Leonov - Head of the Direct Investment Block, Member of the Management Board

In March 2009, he was appointed to the position of Managing Director of the Direct Investment Management Department. Since January 2008, he has been a member of the Management Board of OJSC MDM Bank. Since October 2007, he headed the Network Management Unit of the Head Bank of MDM Bank OJSC in Moscow. From November 2001 to October 2007, he held the position of branch manager of MDM Bank in Rostov-on-Don.

From November 1999 until joining MDM Bank, he was deputy manager of the branch of OJSC Vneshtorgbank in Rostov. He began his activities in the banking sector in December 1995 in the Rostov branch of JSB INCOMBANK as a department specialist securities. In 1997, he was appointed head of the securities department, and in 1999, branch manager.

In 1994 he graduated from the Rostov Institute of National Economy (RINH) with a degree in finance, credit and money circulation.

Kirill Nikulin - head of the Ural Bank, member of the Board

Elected to the Management Board of MDM Bank in August 2009. Prior to this, as Deputy General Director, he oversaw issues at URSA Bank project financing. Since January 2005, he held the position of deputy general director and member of the board at Sibacadembank OJSC. Since 1994, he worked at Uralvneshtorgbank OJSC, progressing from an intern to the head of the international operations department.

In 1994 he graduated from the Ural State Forestry University with a qualification as a “mechanical engineer”, and in 2007 - from the Ural State Forestry University with a degree in “organization manager”.

Oleg Novolodsky - head of the Risks Block, member of the Management Board

Elected to the Management Board of MDM Bank in September 2009. In April 2009, he was appointed to the position of head of the Risks block of MDM Bank OJSC. He came to MDM Bank from URSA Bank, where he oversaw risk management work as Managing Director. In April 2006, he moved to OJSC URSA Bank from the position of Deputy Head of the Main Directorate of the Central Bank of the Russian Federation for the Novosibirsk Region to the position of Managing Director of OJSC Sibacadembank. In August 2006, he was elected to the board of URSA Bank OJSC. From 1993 to 2006 he worked in the Main Directorate of the Central Bank of the Russian Federation for the Novosibirsk Region.

In 1994 he graduated from Novosibirsk state university majoring in economic cybernetics.

Konstantin Rogov - Head of the Treasury Block, Member of the Management Board

Since April 2009, he has been a member of the Management Board of MDM Bank. Since March 2009, he headed the newly formed Treasury Block, which included part of the divisions of the Corporate and Investment Block. Since November 2008, he has been Deputy Head of the Corporate and Investment Unit. He joined MDM Bank in 2003 as head of the Treasury Department.

From 1998 until joining MDM Bank, he headed the Treasury of Impex Bank, was involved in organizing the management of liquidity, assets and liabilities, and also took part in the development of the bank’s long-term development strategy. In 1995-1998 worked at the Russian Credit Bank, where he worked his way up from a dealer to the head of the Treasury. Has been working in the banking sector since 1994.

In 1993 he graduated from the Moscow Institute of Physics and Technology with a degree in applied mathematics and physics. In 1997, he received a second higher education at the Financial Academy under the Government of the Russian Federation with a degree in finance and credit.

Nikita Ryauzov - Head of the Corporate and Investment Block, Member of the Management Board

Elected to the Management Board of MDM Bank in September 2009. Since March 2010, he has headed the Corporate and Investment Unit. Prior to this appointment, he was the head of the Corporate Finance Department, transformed from the Investment Banking Department. In 2005-2007 was the head of the Department of Debt Capital Markets, and in 2003-2005. - Deputy Head of the Investment Block and Head of the Department for Work with Corporate Clients.

From 1998 until joining MDM Bank, he worked at ZENIT Bank, where in 2002 he headed the Investment Department and became a member of the Management Board. He began his career in the financial sector at Roseximbank.

Graduated from the Financial Academy under the Government of the Russian Federation with a degree in finance and credit.

FOUNDERS (as of 1993):
"AGRODORTEKHSNAB" LLP, "DIT" LLP, "SEPTET" LLP, Russian-American-Hong Kong JV "VELAMI", JSC "INTERINVEST".

At the beginning of 1997, MDM LLP was transformed into OJSC.

MAIN SHAREHOLDERS (1998):
VTO ​​"Baltika", NPO "Spetsvyaz", LLC "Our Participant", JSC "Uralelectromed", LLC "Korner", LLC "First Plant", LLC "Tores".

MAIN SHAREHOLDERS (1997):
Tekhsnab-2000 LLC, Agrodortekhsnab, Gaisky Mining and Processing Plant JSC, Temporary Operation Department OJSC, Sobinbank CB (about 14%), Uralelectromed.

SUPERVISORY BOARD (elected on August 16, 1999):
Pomazkov M.N., Dymov A.P., Melnichenko A.I., Deripaska O.V., Mamut A.L.

In September 1998, MDM fully repaid the target syndicated loan in the amount of 12 million German marks, provided to the bank in the spring of 1998 to finance the import of cars. Some of the funds not subject to the moratorium announced on August 17 were returned ahead of schedule, the rest of the funds were returned at the loan repayment period. According to MDM vice-president Levon Israelyan, “the direct targeted use of the loan by MDM Bank made it possible to reduce the cost of imported cars on the Russian market, increase their sales volume and ensure full and timely repayment of borrowed funds” (RBC).

LIST OF LEGAL ENTITIES IN WHICH THE BANK OWNED 5% OR MORE OF THE AUTHORIZED CAPITAL (January 1997):
JSC "Tver Excavator Plant", JSC "Pavlovsky Bus", JSC "MDM-Realty", JSC Investment Company "MDM Invest", KB "Visavi", NPF "Moscow Industrial Pension Fund", LLC "MDM-SOFT", JSC New exchange technologies".

In June 1996, the shareholders of MDM Bank were replenished by: Corporation of Conversion Enterprises, Uralelectromed, Gaisky Mining and Processing Plant, Abakan Branch of the Railway, Cherepovets Iron and Steel Works, Sayanogorsk Aluminum Plant, Kirovograd Copper Smelting Plant, Sayanal JSC, Baltic Shipping Company JSC, JSC "Petrovsky Passage" With their entry, the bank's authorized capital increased from 100 to 80 billion rubles.

At this time, Yuri Nosov, the former head of one of the departments of ONEXIM Bank, was elected as the new deputy chairman of the board. The new adviser was Fyodor Panferov, the former deputy head of the main directorate of the Ministry of Defense, and previously the first deputy head of the secretariat of KGB Chairman Yuri Andropov (Segodnya).

In June 1996, the former chairman of the board of BaltONEXIMbank, Sergei Medvedev, became the manager of the St. Petersburg branch of MDM Bank. ("Profile").

MDM Bank is one of the largest importers of dollar cash into the Russian market. According to the bank, in January 1996 the bank imported 18% of cash instead of 1-2% at the beginning of 1995 (Kommersant-Daily, 01/25/96).

In 1993, the MDM Group was created. Vyacheslav KOSTIKOV became the President of the MDM Group in December 1996.

At the end of 1995 - beginning of 1996, MDM Bank purchased insurance for the transportation of cash currency within Russia. Since the insurance of Russian insurance companies is not recognized by either the auditors or the bank's partners, Lloyd's was recommended to the bank. Since insurance of property risks in Russia is prohibited in Western companies, an intermediary was chosen - the Moscow insurance company Rossiya, which then must reinsure the risk at Lloyd's. Payments for insured events will be made directly by Lloyd's (Kommersant-Daily, 02/2/96).

In July 1996, the St. Petersburg branch of MDM Bank was headed by Sergei Medvedev, who was previously the chairman of the board of BaltONEXIMbank, and before that the head of the Main Financial Directorate of the St. Petersburg City Hall. The bank's plans stated its intention to seek rapprochement with the local administration. Shortly before the appointment, the branch issued a loan to the St. Petersburg mayor's office in the amount of 50 billion rubles for the implementation of social programs. Part of the loan (15 billion rubles) was provided in the form of a bill of exchange to repay debts to enterprises of the Committee on Economics and Finance, which opened an account with a branch of MDM Bank. In addition, MDM Bank received the status of an authorized dealer for transactions with municipal treasury bonds of St. Petersburg (Kommersant-Daily, 07.17.96).

In July 1996, the Central Bank of the Russian Federation included MDM Bank in the list of banks that will be invited to participate in servicing non-residents on the government bond market.

In October 1996, MDM Bank received the status of a bank authorized by the Ministry of Finance of the Russian Federation to make cash offsets. In the Arkhangelsk region, a cash offset was carried out in the amount of almost 100 billion rubles, and in the Republic of Khakassia - in the amount of over 50 billion rubles.

At the end of 1996, the European Bank for Reconstruction and Development (EBRD) opened a credit line for MDM Bank in the amount of $5 million as part of the Financial Institutions Development Project (FIDP). In accordance with the terms of the agreement, the EBRD guaranteed the fulfillment by MDM Bank of payment obligations arising from the latter under letters of credit and guarantees confirmed by Western banks.

In January 1997, the meeting of shareholders decided to transform the bank into an OJSC. It was planned to conduct two issues of shares in the amount of 1 trillion. rubles As a result of the first issue (100 billion rubles), the former shareholders became shareholders - Gaisky GOK, the Temporary Operation Department, Sobinbank and Uralelectromed.

Half of the second issue (450 billion rubles) was planned to be offered to Western banks.

In February 1997, MDM was mentioned in an analytical note signed by the head of the Federal Service for Currency and Export Control O. Popov and addressed to First Deputy Prime Minister V. Potanin. The note included banks violating currency laws (Kommersant-Daily, 02.25.97).

In October 1997, MDM Bank, among 15 banks, won a tender from the Ministry of Finance for the right to participate in servicing operations under the reverse budget offset scheme until the end of 1997. The reverse budget offset scheme consisted in the fact that funds from the budget are transferred to the account of the budget recipient in one of the authorized banks. From these funds, the budget recipient repays debts to his creditor, who, in turn, is a debtor to the budget.

When this operation is carried out, the funds are again transferred to the account in the authorized bank and transferred to the federal budget as tax payments.

In November 1997, the Ministry of Finance of the Republic of Kalmykia selected MDM Bank as an authorized depository and payment agent for the placement of internal loans - the issuer of bonds. By December 1997, 10 thousand debt discount bonds were placed, the buyers of which were Moscow banks.

In December 1997, MDM Bank, among 8 banks, won the Ministry of Finance competition for the right to provide targeted loans to constituent entities of the Russian Federation secured by government non-market loan bonds (OGNZ).

In December 1997, JSCB MDM received a syndicated loan from a consortium of foreign banks. The organizers of the syndicate were Bayerische Landesbank, London Forfaiting Asia Ltd. and Bank of New York. The loan agreement, signed by the parties on December 22, 1997, provides for the provision of $25 million to MDM Bank for a period of 6 months. at the rate of LIBOR+4.625% with the possibility of extension for the next 6 months.

In June 1998, MDM Bank fully repaid the syndicated loan received in December 1997. According to the deputy chairman of the bank's board, Gleb Kostin, the bank did not exercise the right to extend the loan and decided to return it in full. The management of MDM Bank sent inquiries to the members of the syndicate and received responses from which it followed that 50% were in favor of extending the loan and 50% were in favor of its return. Thus, the management of MDM Bank decided to repay the loan in order to show the market that “it has no problems with liquidity,” said G. Kostin (PRIME-TASS, 07/2/98).

After the victory of the LDPR representative Evgeniy Mikhailov in the gubernatorial elections in the Pskov region in 1996, a branch of MDM Bank was opened there. E. Mikhailov recommended transferring to a branch of budgetary organizations from the local bank of Sberbank of the Russian Federation (“Moscow News”, No. 52, 1997).

In January 1998, MDM Bank announced that it would receive a loan of $10 million from the transnational bank Wells Fargo HSBC Trade Bank guaranteed by U.S. Eximbank (USA). The decision to provide the loan was made on February 22 by the board of directors of U.S. Eximbank. The funds were provided to ensure the supply of equipment by the American company Omnitech International Inc. to the Russian holding "ROSTAR" as part of a project to build a plant for the production of aluminum cans. The total cost of the project, financed by MDM Bank with the support of foreign investors, is estimated at $200 million.

The bank was not hit very hard by the 1998 financial crisis. On August 27, the chairman of the bank's board, Andrei Melnichenko, said that MDM's losses amounted to about $20 million. According to him, MDM Bank stopped operations in the external debt market in April, so it did not suffer losses on this market. MDM Bank’s own portfolio of external loan bonds, Melnichenko said, amounted to about $15 million (at the market rate, losses from them amounted to approximately $8 million, the volume of investments in the GKO-OFZ market amounted to approximately $14 million, therefore, provided that funds were not received from of this market and the losses will be equal to this amount. MDM Bank actually had no ruble assets, since its main clients are exporters. Thus, according to A. Melnichenko, the current financial losses of MDM Bank amounted to approximately $20 million with an equity capital of $120. million. Thus, the bank retained its capital and did not lose the ability to carry out settlements (PRIME-TASS).

On September 9, 1998, MDM Bank made early repayment of part of its obligations in the amount of $4 million out of the total amount of obligations of $20 million to foreign creditors for trade finance operations. Early repayment of obligations was carried out at the request of some creditors. The bank did not have any obligations that were subject to the announced moratorium.

Since September 9, 1998, JSCB "Moscow Business World" made payments without restrictions on Visa cards of all banks, with a commission of 7-22% depending on the period of issue of funds. By September 14, 1998, MDM Bank had paid over 1 million rubles to Visa card holders of other banks, while several hundred citizens were able to receive their savings from card accounts (AK&M)

In October 1998, the Board of Directors of Europay decided to grant MDM-Bank the status of a principal member of this payment system and a license to work with all its products. As Oleg Shvetsov, vice-president of MDM Bank, emphasized, the bank’s previously existing status as an associated member of the Eurocard/MasterCard system, which implies working through an intermediary bank, was far from consistent with the volume of transactions carried out on bank cards and the bank’s desire to work directly with the payment system (RBC)

In November 1998, MDM Bank announced its intention to open a branch in Kemerovo. The branch was created primarily to provide financial services to the economic activities of a large corporate client of the bank - the Kuzbassrazrezugol company (the sixth largest coal company in the world with an annual turnover of over $350 million), as well as a number of chemical industry enterprises (RBC).

In November 1998, the St. Petersburg branch of MDM Bank sold the foreign exchange business along with the five largest hard currency exchange centers and a network of local points. Until 1996, this business brought a large share of the bank's profit: MDM Bank in St. Petersburg accounted for up to 25% of all foreign currency sales in the city. In the fall of 1998, the branch mainly earned income from service fees and was focused on obtaining high profits by increasing the volume of services provided while maintaining tariffs, according to a report from the MDM Bank branch (PRIME-TASS).

In March 1999, Siberian Aluminum and MDM Bank began jointly implementing long-term programs to finance the foreign trade activities of the group's enterprises, including the Sayanogorsk Aluminum Smelter (SaAZ) and the Samara Metallurgical Plant. The expansion of the scope of cooperation, as noted in a press release from MDM Bank, is due to the fact that in 1999 the Siberian Aluminum group was supposed to significantly increase the volume of products supplied to world markets (RBC).

At the end of March 1999, the Ministry of State Property of the Russian Federation selected MDM Bank in a competition among 5 banks authorized to accept funds for payment for shares put up for regional and all-Russian special auctions.

In April 1998, based on the results of a diagnostic survey, current reporting and agreement with the Central Bank of the Russian Federation, by decision of the Strategic Issues Group of the Financial Institutions Development Project (FIDP), MDM Bank was assigned to the first group of Russian banks accredited to participate in the programs of the World Bank and the EBRD. Banks assigned to this group are recommended for servicing special accounts of WB projects, having received the right to participate in the assignment of existing portfolios of final loans of the Enterprise Support Project.

On June 21, 1999 in London, MDM Bank and KBC Bank NV, London held a joint presentation for Western banks of the first syndicated loan after the August 1999 crisis to finance the export of Russian products. The object of financing was the supply of primary aluminum produced at the Sayan Aluminum Smelter to buyers in Western Europe, the USA and Asia. The amount of the revolving credit line is $20 million, the line is provided for 1 year. Each tranche was issued for a period of up to 60 days, depending on the length of the sales cycle. The structure and basic terms of the loan were developed by trade finance specialists from MDM Bank and KBC Bank NV, London, who acted as joint organizers of the syndication. The provision of a syndicated loan takes place within the framework of the first stage of the joint program of MDM Bank and the Siberian Aluminum Group to attract financing for foreign trade contracts of SaAZ and the Samara Metallurgical Plant. MDM Bank reached agreements with a number of foreign banks to finance the export of SMZ products to the USA for a total amount of $20 million and to Western Europe for $5 million.

On July 16, 1999, the Ministry of Atomic Energy of the Russian Federation and MDM Bank signed an agreement on cooperation in the financial and economic sphere. The main goals of cooperation were to optimize the management of financial resources within the industry. In addition, the agreement provided for a system of settlements between industry enterprises and external counterparties with the involvement of bank specialists, and provision of industry enterprises with a full range of banking services. The parties also agreed to jointly develop and implement a set of measures aimed at solving the problems of strengthening financial discipline and increasing the manageability of the industry’s financial flows (RBC).

In July 1999, MDM Bank provided the LUKoil-Arctic-Tanker company with a loan in the amount of $16 million to finance the transportation of petroleum products. Cooperation plans include a number of other projects, including financing the construction of new ships. (Finmarket)

The certificate was prepared using materials