Tinkoff buy-out is part of a complex strategy, Director of Troika-Dialog Investment Company’s local subsidiary Irakliy Kiriya says

'A holding of URSA Bank’s shares that Troika Dialog has recently acquired only makes it a minority shareholder and offers the company no substantial control over the bank; however, Troika Dialog is definitely going to become a more influential expert and consultant,’ Finam Investment Bank’s analyst Vladimir Sergievskiy said to UrBC. 'URSA Bank has been doing business with Troika Dialog for a while now; their latest success story involved going through with two preference share issues in 2006 and 2007 that made URSA Bank’s capital rise by $488m. I think Troika Dialog is interested in

According to the National Managers’ League’s profitability ranking of unit investment trusts as of March 27, 2008, the share price of Troika Dialog Federalniy (Troika Dialog Management Company) has gone down by 23.17% since the beginning of the year.

A press conference on the bank’s new developmental stages organized by URSA Bank’s top management and the bank’s business partners was held in Interfax’s press center. It was announced that Russia New Growth Fund managed by Troika Capital Partners (TCP) had bought URSA Bank’s shareholding consisting of 7.4% of the bank’s ordinary shares acquired from S.M. Capital Group. ‘Troika Dialog was the first investment company to start doing business with URSA Bank long before other investors first heard of this provincial bank. Today, URSA Bank is one of Russia’s most successful banks,’ Troika

According to the National Managers’ League’s profitability ranking of unit investment trusts as of April 16, 2008, the share price of Troika Dialog Financial Sector (Troika Dialog Management Company) has gone down by 15.55% since the beginning of the year.

According to the profitability ranking of unit investment trusts as of February 4, 2008, the share price of one of Troika Dialog Management Company’s trusts has gone down by 10.43% since the beginning of the year.