Volgoprombank

Last updated
Volgoprombank
Industry Banking, Financial services
Founded1990
Headquarters
Volgograd
,
Russia

Volgoprombank was a Russian private bank, based in Volgograd in the Volga region. In November 2007, the bank principal shareholder (95%), Russian MP and businessman Oleg Mikheyev, sold its stake to Promsvyazbank's main shareholders, brothers Alexey and Dmitry Ananyev [1] In May 2009, Mikheyev has sued prominent business daily Kommersant for $217 million claiming that one of the newspaper's article had spoiled the bank reputation at the time he sold the bank and forced him to sell his shares at a disadvantageous price. [2]

See also

References

  1. ↑ PROMSVYAZBANK Principal Shareholder Buys 95% of VOLGOPROMBANK Banki.ru  ( ru )
  2. ↑ Mosnews.com Russian MP sues business daily for $217 million, May 28 2009 [ failed verification ]
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