|
MDM Bank
Alexey Panferov, Deputy
Chairman of the Board
One of Russia's leading privately-owned commercial
banks Created in 1993, MDM Bank is now one of Russia's leading privately-owned
commercial banks. It operates in three core business areas: corporate
banking, investment banking and retail banking.
Corporate banking MDM's corporate customers include
around 50 of Russia's top 100 companies, amongst whom are market
leaders in the ferrous and non-ferrous metals, oil and gas, mining,
consumer goods and trade sectors. MDM has strong corporate lending,
leasing and structured finance businesses. It is also a market leader
in the provision of most cross-border commercial banking services
such as trade finance, export credit agency finance and a forfait
financing.
Investment banking In 2002, MDM has consolidated
its leading positions in debt capital markets, foreign exchange
and banknote trading, and increased its market shares in precious
metals, fixed income and equity trading. The bank is also developing
its brokerage, asset management and corporate finance businesses.
Retail banking is a strategic priority and growth
area for MDM. Retail deposits grew more than eight-fold in 2001
and doubled in the first half of 2002. The Bank also operates the
largest affinity card programme in Russia.
Market leader in debt capital markets During 2001
MDM Bank consolidated its position as a leading underwriter of Russian
corporate bonds, acting as arranger or co-arranger for six issues
with a value of US$ 141 mln. During the first half of 2002 the bank
participated in a further eight issues with a total value of US$
173 mln., making it an absolute leader in this sector.
MDM Bank is also developing its services as co-underwriter,
advisor and, going forward, joint lead-manager of Russian corporate
Eurobond issues. In 2000, MDM was also the first bank to issue its
own rouble corporate bonds.
Highest credit ratings amongst private Russian banks
MDM Bank has a long-term counterparty credit rating of 'B-' from
Standard & Poor's, and a long-term rating of 'B' from Fitch.
www.mdmbank.com
back to top
|