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MDM FG Press Archive

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10.11.2005 00:00    Standard and Poors Upgrades Russias MDM Bank to B+/B
   Standard and Poors Ratings Services raised its long and short term counterparty credit ratings on MDM Bank to B+/B from B/C due to its sustained good performance supported by strengthening macroeconomic conditions. The outlook is confirmed as positive.
08.11.2005 00:00    Standard & Poors Upgrades Russias MDM Bank to B+/B; Outlook Positive
   Standard and Poors Ratings Services raised its long and short term counterparty credit ratings on MDM Bank to B+/B from B/C due to its sustained good performance supported by strengthening macroeconomic conditions. The outlook is confirmed as positive.
20.10.2005 00:00    Fitch Upgrades Russia's MDM Bank and MDM Bank Holding GmbH to 'BB-'
   Fitch upgraded the Long-term rating of Russia's MDM Bank and Austria's MDM Holding GmbH to 'BB-' (BB minus) from 'B+'. MDM Bank's National Long-term rating was upgraded to 'A+(rus)' from 'A(rus)'.
05.10.2005 00:00    MDM Shows Strong Performance in 1H 2005
   MDM Financial Group published its consolidated interim IFRS financial statements for the first half of 2005, which were reviewed by KPMG. For the six-month period, MDM reported net profit after tax of US$ 48.4 million.
29.07.2005 00:00    US$ 20 Million Precious Metals Pre-export Finance Facility with Commerzbank AG
   MDM Bank, Moscow, the lead operating entity of MDM Financial Group, signed a one-year US$ 20 million precious metals pre-export finance bilateral facility with Commerzbank Aktiengesellschaft
29.07.2005 00:00    MDM Continued Strong Performance in 1Q 2005
   MDM Financial Group published its consolidated IFRS financial statements for the first quarter of 2005, which were reviewed by KPMG
29.07.2005 00:00    MDM Bank Announces the Appointment of Alexey Sazonov as Head of Risk Management
   Alexey Sazonov will be responsible for the development of the bank's risk management systems and procedures covering credit, market, and operational risks


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