‘Alexei Kalinichenko’s recent detention might affect Bank24.ru’s reputation; however, in the long run, the outcome depends on the bank’s policy toward the event,’ says Accord Invest’s Deputy GD Konstantin Selyanin.

Ural Federal District’s division of General Prosecutor’s Office reports the person who is believed to have masterminded a financial pyramid and to have stolen over a billion RUR has recently been detained. The name of the detainee is Alexei Kalinichenko, one of Bank24.ru’s former BOD members.

‘Bank24.ru has already had the experience of anti-crisis public relations management related to Alexander Khabarov, so they actually know how to find a way out. I feel total informational transparency would be the best policy in this case,’ Konstantin Selyanin notes.

‘The bank operates 24/7, which is a good thing, so, having solved this problem, it is likely to keep on developing successfully.’