Subsidiaries

MDM Bank’s subsidiaries both in Russia and abroad develop and complement the range of services provided by MDM Bank; subsidiaries include banks, investment and leasing companies as well as asset management companies.

AS LTB Bank

AS LTB Bank is one of the oldest banks in Latvia. The Bank obtained its banking license from the Bank of Latvia on December 04, 1991.

Today MDM Bank is the sole shareholder of AS LTB Bank, the operations of which are now closely connected with the development of MDM Bank and its affiliates. One of the main strategic priorities of AS LTB Bank is the provision of banking and financial services to corporate customers engaged in commercial activity within the Russian Federation and other CIS countries.

AS LTB Bank is consistently and sustainably developing along with the Latvian financial and banking markets.  The principal task of the Bank is to remain a reliable and professional financial partner for its customers by providing a high quality and expedient service.

In its provision of financial services and its efforts to attract new clients, the Bank successfully combines the best business practices of Europeans banks, expertise in the Russian and international markets and highly professional customer service.

Contacts:

• Address: Grecinieku 22, Riga, Latvia, LV-1050
• Phone number: + 371 6704 3510
• Fax number: + 371 6704 3511
• Email: ltb@ltblv.com  
• Internet site: www.ltblv.com
• SWIFT: LATCLV22

MDM INVESTMENTS LIMITED

MDM INVESTMENTS LIMITED, being a wholly-owned subsidiary of MDM Bank, is a Cypriot registered company, incorporated in September 2002. The Company holds a license as a Cypriot Investment Firm (license CIF #038/04 issued on July 26, 2004) and is regulated by the Cyprus Securities and Exchange Commission (CySEC). 

MDM INVESTMENTS LIMITED is authorized, in compliance with the European laws, to offer the following Investment and Ancillary services:

• Brokerage services
• Portfolio Management services
• Underwriting services
• Custody services
• Granting Margin Loans
• FX Trading services

The Company operates as a fully compliant participant of the European Union investment community and enables the customers of MDM Bank to use all the advantages of access to both international and Russian financial markets. 

The Company is EEA authorized by the UK Financial Services Authority (FSA) as from 13/01/2006.

Contacts:

• Address: 53 Ptolemaion Street, Neroupos Business Center, Office 201, P.C. 3041, Limassol, Cyprus
• Phone number: +357 25 25 7000, +357 25 760 050
• Fax number: +357 25 760 005
• E-mail: info@mdminvestments.com.cy
• Internet site: www.mdmi.info

MDM Asset Management

OOO MDM Asset Management is a subsidiary of MDM Bank which was established on November 30, 2000, and currently has registered capital of RUB 200 billion.

OOO MDM Asset Management Ltd holds the following licenses:

• management of assets in investment funds, mutual investment funds and nongovernmental pension funds (№ 21-000-1-00045, issued by the Federal Commission for the Securities Market on January 24, 2001).
• professional participant in the securities market for asset management operations (№077-11425-001000 issued by the Federal Financial Markets Service of Russia on July 17, 2008) 

These licenses enable the company to execute the functions of managing mutual investment fund assets, managing the reserves of nongovernmental pension funds and trust investment management for both institutional and large private and individual investors. The company also manages pension savings funds for Russian citizens, based on an agreement with the Pension Fund of the Russian Federation. 

Contacts:

• Address: Russian Federation, 115172, Moscow, Kotelnicheskaya Embankment, 33, bld. 1
• Phone number: +7 495 7777-888
• Fax number: +7 495 7777-888
• E-mail: info@ukmdm.ru
• Internet site: www.ukmdm.ru

ООО LeasingPromHold

ООО LeasingPromHold is a professional Russian leasing operator, a subsidiary of MDM Bank, and has been actively working in the leasing services market since 1999.

ООО LeasingPromHold is a universal leasing company offering leasing of transport, machinery, industrial equipment and real property. It works with businesses of all sizes in various sectors of the economy and operates throughout the MDM Bank network.   ООО LeasingPromHold also has a proprietary network, with branches in Moscow, Saint-Petersburg, Surgut, Chelyabinsk, Irkutsk and Vladivostok. 

ООО LeasingPromHold has the experience and expertise to offer MDM Bank clients comprehensive and high quality support on leasing projects.

Contacts:

• Address: Russian Federation, 109457, Moscow, Okskaya, 13
• Phone number: +7 (495) 921-22-66
• E-mail: iph@iph.ru
• Internet site: www.mdm-leasing.ru

Non-State Pension Fund MDM

Non-State Pension Fund MDM was established on August 07, 2001, and holds license No. 372/2 of 27 July 2004.  Until mid-2004, the NPF operated under the name Republican Non-State Pension Fund.

The Fund offers pension insurance services, the co-financing of pension savings, as well as non-state pensions for corporate clients and individuals. 

MDM Bank was the sole founder of the Fund, and between 2004 and 2009 was its sole member. Since the merger of MDM Bank and URSA Bank in 2009, the Fund has been controlled by the merged MDM Bank.  Also in 2009, NPF MDM joined the National Association of Non-State Pension Funds (NAPF).

The Fund’s pension reserves and savings management is executed by OOO MDM Asset Management (License № 21-000-1-00045, issued by the Federal Commission for the Financial Markets on January 24, 2001).  The Fund’s specialized depository is the North-Western Financial Company LLC (License № 22-000-1-00024 от 20.12.2000 issued by the Federal Commission for the Financial Markets on December 20, 2000).

Contacts:

• Address: Russian Federation, 115172, Moscow, Kotelnicheskaya Embankment, 33, bld. 1.
• Phone number: +7 (495) 797-9500
• Fax number: +7 (495) 797-9500
• E-mail: mdmnpf@mdmbank.com