The company YORALIN LIMITED is controlled by the Russian businessmen Mr. Leonid I. Strunin and Mr. Leonid Ya. Fridlyand who also co-own Mercury Group, the leading company in distribution of luxury goods in Russia.

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

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