Direct URL:

Investor Relations
Tel: +7(495) 221-3075
Fax: +7(495) 221-3076

Public Relations
Tel: +7(495) 363-2741
Fax: +7(495) 363-2742

RSS feed
Required fields

Required fields

Access to closed sections will be granted after logging in.

You also can:


MDM Bank Named Leader in Standard & Poor’s Transparency and Disclosure (T&D) Report

10.10.2007 17:01

Moscow, October 10, 2007

Today Standard & Poor’s gave MDM Bank the top score in its annual survey of Transparency and Disclosure by Russian Banks for the second consecutive year. MDM confidently retained its leadership in Standard & Poor’s report with a score of 71% in 2007, up from 69% in 2006. MDM Bank CEO, Michel Perhirin, said: “We at MDM are all highly pleased with the results of this year’s survey by Standard & Poor’s. MDM has consistently sought to increase transparency on all fronts and being named the top Russian bank for the second year in a row means our efforts are being formally recognized. The informal, but no less important, result for MDM Bank is the high level of trust we have earned from stakeholders that seek information about the bank. I am also quite pleased that S&P has observed improvements in transparency and disclosure among many of our peers as well, and am confident that MDM will continue to lead the group as the Russian banking sector continues to develop.”

The Standard & Poor’s survey uses only publicly available information; 110 criteria were employed to evaluate transparency and disclosure practices in 30 Russian banks. The average level of transparency of Russian banks increased to 52% in 2007, as compared to 48% in 2006. 


MDM Bank
MDM Bank was founded in December 1993 and holds a General Banking License issued by the Central Bank of Russia (#2361 dated 13 February 2003). MDM Bank is one of the most dynamically developing banks in Russia and is among the top Russian banks according to assets and equity. Today, MDM Bank is a modern universal financial institution offering a full range of services to its clients.
MDM has one of the highest credit ratings among privately-owned Russian banks – Standard & Poor’s (BB, stable), Fitch Ratings (BB, stable) and Moody’s (Ba1, stable) – and is the only Russian financial organization that has been given a public corporate governance rating by Standard & Poor’s (6+). In October 2006, Standard and Poor’s awarded MDM Bank the highest ranking in its study of ‘Transparency and Disclosure by Russian banks’. The Bank was also regarded by Euromoney magazine as “one of the leading banks in Russia and Emerging Europe, applying the most advanced standards of corporate governance.”
MDM Bank has received a number of awards from Global Finance magazine:
2005 – ‘Best Domestic Bank’ and ‘Editor’s Special Award for Transparency’.
2006 – ‘Best Forex Bank’, ‘Best Domestic Bank’, ‘Best Domestic M&A Arranger’, and ‘Best Bank in Corporate Governance’. In October 2006, Euromoney magazine awarded MDM Bank ‘Leading Bank in Corporate Governance in Emerging Europe’.
2007 – ‘Corporate Governance Editor’s Award’, and ‘Best Forex Bank’.


Investor Relations
+7 495 221 30 75 

Public Relations
+7 495 363 27 41

12.10.2007 14:31

Font size            

We appreciate your feedback. If you encounter an error or experience a problem loading this page, please select the text and press [Ctrl+Enter ] to notify the website administrator.

© 2007 MDM Bank
Phone numbers: +7 (495) 777-95-00, 795-95-00, 795-25-00, [email protected]