The company Vios Holdings Limited is ultimately controlled by the Russian businessman Mr. Mikhail D. Rabinovich, who also co-owns CJSC TK “Grande Service Express” along with a number of other companies that concentrate on a supply of high-end railroad equipment.

The sale of shares was approved by the existing Shareholders. The Board of Directors remains unchanged.

LOCKO-Bank’s Management believes that the new Shareholder will help the Bank to implement its development plans as well as to attract new businesses.

The company Vios Holdings Limited is ultimately controlled by the Russian businessman Mr. Mikhail D. Rabinovich, who also co-owns CJSC TK “Grande Service Express” along with a number of other companies that concentrate on a supply of high-end railroad equipment.

The sale of shares was approved by the existing Shareholders. The Board of Directors remains unchanged.

LOCKO-Bank’s Management believes that the new Shareholder will help the Bank to implement its development plans as well as to attract new businesses.