Moscow Credit Bank bought back 33.4% out of the BO-01st issue (1003307 pcs) for 1bn rub., the Bank informed.
The bonds were placed in 2011 through the open offering at par. The issue includes 3mln commercial notes of 1ths rub. par and 3-year maturity. The 1st coupon rate is set at 8.5% ann. The issue is arranged by Raiffeisenbank and Rosbank.
Moscow Credit Bank (TIN 7734202860) was set up in 1992. The final beneficiary is R.Avdeev, president of the Bank and founder of Rossium Concern. Now MKB is a universal credit institution providing the whole spectrum of banking services. It keeps 60 offices in Moscow and Moscow reg.
The 2011-net profit (IAS) added 28.6% to gain 3.886bn rub.; IQ 2012 net profit achieved 2.322bn rub. due to the 3.7 fold growth against prior year period.
The 9-month 2012 net profit (IAS) increased 59.7% to 3.762bn rub.
The 2012 net profit (RAS) gained 5.567bn rub. due to 2.6 fold in rise.