Only 9.3% of outstanding bond paper has been tendered by investors for early redemption
The Board of Directors of the EBRD has approved the EBRD’s participation in a planned capital increase by SDM-Bank which will raise the EBRD’s stake from the current 15.0% to 19.8% of SDM’s capital and voting rights, subject to the approval of the Central Bank of Russian Federation.
In 2013 SDM-Bank turned 22. The Bank has traditionally celebrated its anniversary with the series of events, both internally and with business partners and customers.
Master-bank, one of the largest banks in Russia, has been revoked the license. Master-bank customers turned to be not the only ones affected by the shutdown – over hundred partner banks faced trouble operating their cards because of it. Deposit insurance payments will start on December 4th the latest. Moscow News experts advise on how to estimate the soundness of a bank and save the investments.
SDM-Bank announces the completion of its Internet Banking system integration with «My Business» Online Accounting Service, which is designed as a convenient platform for online accounting, HR, and tax reporting for small businesses and individual entrepreneurs.
Commentaries by SDM-Bank CEO Maxim Solntsev in Izvestiya newspaper
SDM-Bank corporate customers can obtain currency payment documents using their office computers.
SDM-Bank national rating upgraded to «AA-», and international rating to «BBB-»