Igor Kim leaves MDM Bank

23 November 2011 (09:33)

MDM Bank reports that an agreement has been reached that leaves Igor Kim without a stake in the bank’s capital. The bank’s BOD Chairman Oleg Vyugin said that the negotiations also resulted in the agreement to sell a 100% shareholding in LTB Bank (MDM Group’s former member) to Kim.

The bank’s Board of Directors and its leading stockholders supported the transaction.

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