MDM Bank
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About the Bank

Success through reliability, innovation and expertise

MDM Bank is one of the leading commercial banks in the Russian Federation. At the end of 2000, MDM was the fifth largest bank in Russia as measured by IAS capital (The Banker, July 2001).

MDM is a market maker for most banking services and products in Russia. The Bank's traditional core business areas are corporate banking and financial markets, with particular strengths in such market segments as corporate lending, international settlements and trade finance, securities trading and foreign exchange dealing. MDM is currently also actively growing its retail banking business.

MDM has earned a reputation for reliability as a result of its able handling of the 1995 and 1998 Russian financial crises, and sound risk management record. The Bank has the joint-highest credit ratings amongst Russian private commercial banks from the Fitch agency, and has been granted increasing credit facilities from leading foreign financial institutions.

MDM is also highly innovative in its approach to banking. In 2000, the Bank organised the first Western-financed syndicated loan for a Russian client since the 1998 financial crisis, and in 2001 became the first Russian bank since the crisis to receive short-term pre-export finance facility from Western banks. MDM was the first Russian bank to issue its own rouble bonds, and operates the largest affinity card programme in Russia.

Customers also benefit from the Bank's high level of expertise across all business areas. In 2001 MDM structured and concluded its first post-crisis transactions with Western export credit agencies, and in 2000 was named 'Underwriter of the Year' on the Moscow Interbank Currency Exchange. The Bank is a market leader in the development and implementation of payroll services to corporate customers, and is currently upgrading its asset management services for private clients.

Market insights on Russian and International banking, compiled by MDM's expert analytical team offering an unrivalled view of the current market more...>>