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Mikail Shishkhanov is the owner of Binbank, a co-owner of several pension funds, a player in the development and oil markets, and has the academic title of Doctor of Science. The concepts of duty and honor are not an empty phrase for him. And although Mikail Osmanovich owes much of his success to his family clan, the entrepreneur himself works tirelessly, learns new things, grows and develops. Mikail Shishkhanov does not recognize human stupidity and laziness, hates hypocritical people, calls himself a "cautious optimist". He can benefit from any, even the most unsuccessful project. He believes that he spends too little time with his family due to constant employment. The father of four children dreams that all his relatives and friends live happily ever after.
- FULL NAME:
- Date of Birth: 08/06/1972
- Education: Peoples' Friendship University of Russia.
- Business start date/age: 1992 - the time of entering the service in LLP "BIN".
- Type of activity at the start: banking sector.
- Current activity: banking sector, investment in real estate, construction.
- Current state:$2,300 million, according to Forbes.
- Link to pages in social networks: No.
National character and family clan laid a strong foundation
The personality of Mikail Osmanovich Shishkhanov does not leave anyone indifferent. He is not a show business star, not a famous actor, but just a successful banker-financier - a famous and influential person, a member of the list of the richest businessmen in Russia. A brief biography of the entrepreneur began on August 6, 1972, when a boy was born in the family of Osman Shishkhanov, later named Mikail. The name was chosen by the mother, who believed that the angel Mikail was the closest to Allah. By nationality - Ingush, was born and raised in the capital of Chechnya, the city of Grozny.
Interesting fact. In ethnography, the Ingush are described as sympathetic, purposeful and assertive people. Hospitable people who sacredly honor good neighborly relations and the concept of mutual respect.
Perhaps, thanks to these traditions, our hero has reached such heights and successes in his life.
From childhood, little Mikail Shishkhanov dreamed of helping people, he thought that he would become a doctor and treat the sick. And he began to help, but his success story is connected not with medical, but with financial practice. In his youth and still the entrepreneur is very business style, rigor and elegance. At the time when Mikail decided to start working on his own, his uncle created his own company - the industrial and financial company "BIN". It was there that nephew Mikail came to work, while still a student.
Science is not a hindrance to business, but a good help
A responsible and hardworking young man never forgot about his studies. Mikail Shishkhanov received his first higher education at the Peoples' Friendship University of Russia. The year 1993 is listed in the short biography of the businessman as the year of receiving a bachelor's degree from RUDN University. Even then it was obvious that he would not stop halfway and would bring the work he started to the end. Mikail graduated from the same university with a master's degree. It took three years to prepare and defend a Ph.D. thesis. In 1998, Mikail Shishkhanov became a candidate of legal sciences.
The success story of Mikail Shishkhanov is connected not only with entrepreneurial activity, but also with science. 2000 - the year of receiving a diploma from the Financial Academy under the Government of the Russian Federation. Two years later, the scientist defended his doctoral dissertation, he was awarded the degree of Doctor of Economics. Today Mikail Osmanovich is a member of the Russian Academy of Natural Sciences. Over the years of research activity, Shishkhanov published two monographs, and was the author of a series of articles in the field of economics and jurisprudence. Peru, a member of the Forbes list, owns several books and a reference dictionary on consulting.
How did the career of a successful businessman develop?
In the company of Uncle Mikhail Gutseriev "Bin" Shishkhanov made a dizzying career. Starting in 1992 to work as a simple financier, already in 1993 he became its general director. A year later, the story of Mikail Shishkhanov continued at the Bin Joint Stock Commercial Bank, where he also rose through the ranks from the head of department, deputy chairman of the board to vice president. He became the president and chairman of the board of Binbank in 1996, and today the businessman is the main owner of the bank.
Figure 1. At the ceremony of signing a memorandum of intent to create a center for operational support of Binbank in the Ulyanovsk region.
Source: website ulgov.ru
July 2015 was remembered by the financier Shishkhanov as the time when he became the chairman of the board of MDM Bank and at the same time continued to head the Board of Directors of Binbank. The success story of the entrepreneur is also connected with development activities, because, along with Arkady Rotenberg, he owns shares in the Dekmos development company, and she, in turn, owns the famous Moskva Hotel. Together with he owns the European Pension Fund of the Safmar Group, non-state pension funds Doverie and Regionfond, which three years ago took possession of 10 percent of the shares of Promsvyazbank.
Figure 2. Founders of the Safmar Group.
Source: website ivest.kz
At the end of 2016, the success story of Mikail Shishkhanov continued: with his direct participation, Binbank and Binbank Murmansk joined MDM Bank, receiving the common name Binbank. Our hero became the president and chairman of the board of the renewed structure.
From statements:“If I ever become a brake on development, I will make the difficult but necessary decision to leave. So far, fortunately, I do not see such a need. Binbank is growing, developing and opening up new prospects.”
At the end of May 2017, the banker left this post and moved to the Safmar industrial and financial group to act as Deputy Chairman of the Board of Directors. His area of responsibility included the financial sector and the foreign economic activity of the Group. Mikail Osmanovich developed areas of interaction with Arab, Asian and Western funds, worked on the subsidiary retail companies Eldorado and Technosila, supervised the insurance business and IT technologies. In September 2017, when the reorganization of Binbank began, Mikail Shishkhanov again headed the board of directors. According to authoritative publications, the problems arose due to the fact that Mikail Shishkhanov and his uncle Mikhail Gutseriev carried out an aggressive growth of the structure in the midst of the economic crisis.
Figure 3. Workflow.
Source: site newizv.ru
Among the main projects that the billionaire is engaged in today are the construction companies Dekmos, Inteko, and Patriot. He also owns 49% of the shares of the A101 Group of Companies and 9.2% of Russneft, which is one of the top ten. According to Forbes magazine, Mikail Shishkhanov is included in the list of the 200 richest people in Russia, occupying 44th position with a fortune of $ 2,300 million.
The banker's fortune at the end of last year amounted to about 2,300 million dollars. However, how hard it was acquired: work in the field of science and in the banking sector, in the field of real estate construction, finance and modern technology. The entrepreneur remains a workaholic and optimist under any circumstances. He invariably arouses the interest and deep respect of all who know him.
No change on the personal front
Publicity imposes certain restrictions on a person. And although the president of Binbank can spend hours discussing economics and business, markets and credit histories with journalists, Mikail Shishkhanov keeps his personal life “with seven seals”. It is known that the businessman is married. His wife Svetlana bore him four children - three daughters and a son. They are his true wealth.
Materials about the billionaire's daughter Nicole have repeatedly appeared in the press. She is about 20 years old, the girl loves to attend social events, balls, in particular. Lately, Nicole has allegedly been spotted at the social Tatler party. On the Internet, Nicole is called a good, well-mannered girl who studies in England as a marketer, does an internship at her father's bank in the USA and listens to the advice of Svetlana's mother. Nicole Shishkhanova's passion is diving. And the girl would like to see her future husband as kind, intelligent and courageous. Only once did reporters record the appearance of Mikail Osmanovich with his wife and two daughters at the ball. For the first and only time.
Date of Birth. August 6, 1972
Origin. Mikail Shishkhanov was born in Grozny, Ingush by nationality. The name Mikail was given to the boy in honor of the main angel close to Allah, perhaps thereby determining his fate - to take the main post of one of the largest banks in Moscow.
Education. As a child, Mikail dreamed of becoming a doctor. The dream almost came true: he got a job as an ambulance nurse and even attended operations. However, he soon realized that fate (not without the participation of his uncle Mikhail Gutseriev) had prepared for him a different career path.
In 1993, Mikail Osmanovich received a bachelor's degree from the Peoples' Friendship University (PFUR). Two years later, he graduated with honors from the master's program at the same university. In 2000, he graduated from the Academy of Finance under the Government of the Russian Federation, becoming a certified specialist in the field of Finance and Credit.
To date, Mikail Shishkhanov has the title of candidate of legal sciences, doctor of economic sciences, is a corresponding member of the Russian Academy of Natural Sciences.
Career. Mikail Shishkhanov starts climbing the career ladder at the age of 20, while still a student at RUDN University. In 1992, he worked as a commercial director of BIN LLP. A year later, he received a promotion and became the general director of the newly-minted PFC BIN (CJSC). A year later - from 1994 to 1995 - he held the post of vice-president of the JSCB "BIN". And, finally, in January 1996, he sits down in the chair of the president of Binbank OJSC and heads the Board of Shareholders. In July 2015, Mikail Shishkhanov was appointed Chairman of the Board of MDM Bank.
Welfare. Today, Forbes magazine estimates the fortune of banker Mikail Shishkhanov at $550 million. And in the 2012 ranking of the richest businessmen in Russia (according to the same magazine), he ranks 179th.
Sport. He has been actively engaged in boxing for a long time, and is also not indifferent to chess.
Hobbies. TV show "What? Where? When?" for a long time was under the sponsorship of Binbank and personally Mikail Shishkhanov. Although, most likely, it was just a marketing ploy to attract viewers' attention to the bank.
In addition, the banker reads a lot, writes scientific articles and books on economics and law.
Family. Very little is known about Mikail Shishkhanov's family: he is married and has four children. Much more information is available about his family ties with Mikhail Gutseriev, the former deputy chairman of the State Duma. Mikail speaks of his uncle with respect and admits that he has learned a lot in his life from him.
What annoys him? Laziness, stupidity, hypocrisy.
Advantages. Shishkhanov himself calls himself a "cautious optimist in life", who is able to extract the maximum benefit from any, not even the most successful enterprise.
Flaws. Spends catastrophically insufficient time with his family due to chronic employment in the business sector.
Valuable advice. In one of the interviews, Mikail advised young bankers to remain honest with themselves at all costs, so that there would be no reason to regret any of their actions or inactions. The rest, as Shishkhanov said, will follow.
Main. Mikail Shishkhanov considers continuous growth to be the most important thing in life.
Honorary titles. The banking community awarded Mikail Shishkhanov with the ARB Order in 2009. In addition, the President of Binbank bears the honorary titles "Charisma in Business", "Name in Business", "Banker of the Year 2008" (according to the magazine "Company"). He was awarded a gold star for loyalty to Russia, a gold diploma of a patron of the arts from the congress of Russian mothers.
Several leading Russian media immediately told about the heroic efforts to save Binbank. The name of the hero is Mikail Shishkanov, the former and, apparently, the future owner of this credit institution. The reasons for the collapse of one of the largest Russian banks are unlikely to be of interest to anyone. Until the next crisis.
Binbank owner Mikail Shishkanov, apparently, started a total information campaign. On a large number of media platforms, the banker has recently voiced his thoughts, the essence of which boils down to the fact that “ Binbank saved. Thanks to all. Everybody's Free". The last circumstance is especially important, since it primarily refers to Mikail Shishkanov himself.
For his freedom and the preservation of Binbank, Mikail Shishkanov tirelessly thanks the representatives of the Central Bank, who allocated about 50 billion rubles to save his credit institution. But the main savior of BIN, according to Mikaila Shishkanova- myself… Mikail Shishkanov. As follows from one of the many eulogies published in the press, the banker " made every effort not only to ensure the success of the procedure, but also to protect the funds of depositors».
As a special feat, the act of Mikail Shishkhanov is presented to leave all his positions and become the chairman of the board of directors of Binbank, having gone to the maximum cooperation with representatives of the regulator. “But he could have slashed ...”, as they say in one well-known anecdote.
Recall that the decision of Mikail Shishkanov to head Binbank was made in September 2017, at a time when the credit institution, apparently, is confident. The outflow of funds of individuals and legal entities from Binbank in that very September was estimated by the Central Bank at 56 billion rubles.
As a result of the fulfillment of the order on the additional formation of reserves, which was issued by the Central Bank, BIN had to reduce its own capital by a third. The deficit of its reserves at that moment was estimated at 250-350 billion rubles.
patchwork empire
By and large, everything was over for Binbank. And that end was programmed like a chronicle of a dive bomber. The fact is that the entire life of Binbank is a history of endless mergers and acquisitions of various assets. Each of these operations can be explained not so much by the logic of business development of BIN itself, but by the persistent requests of influential partners of the Gutseriev family, whose head is a billionaire Mikhail Gutseriev and created Binbank in 1993. Now he heads the industrial and financial group " Safmar". Over the years of its existence, Safmar has turned into an empire, where, as a result of an almost random selection, the most diverse assets fell - industrial, financial, banking, commercial real estate, construction, development, retail trade. The industrial assets of the group, for example, included oil companies (Russneft, Neftisa, Forte Invest), as well as Russian Coal, Slavkali, and many other various enterprises included on the occasion.
But this is not a classic Western-style conglomerate financed from the market and on market terms. The Gutseriev-Shishkhanovs kept on optimizing financial flows within Binbank, a licensed institution whose business rules are strictly regulated by the Central Bank. The inclusion of a whole heap of various assets into the bank is not welcomed by the regulator. It seems that this is why all factories, oil rigs, shops and so on. from a formal point of view, they were not included in the perimeter of the interests of businessmen. But it was they who were of main interest to the owners of Binbank, which was supposed to finance the entire construction.
On this topic
The report was presented the day before by the Inspector General of the Department of Justice Michael Horowitz. He reported that he did not find political bias in the way the FBI conducted an investigation against members of the Trump campaign, but he found "serious mistakes" in the actions of the bureau.
time bombs
Gone are the days when bank owners openly and with impunity turned them into treasuries for their industrial holdings. They were replaced by closed systems that service each other's assets without (formally) violating the Central Bank's regulations. The existence of such "archipelagos" actually threatens the credit system much more than individual banks, because in the event of a crisis, the transfer of problems along the chain of banks is programmed automatically.
Binbank into one of these systems - BOMP(Binbank, MKB, Promsvyazbank and FC Otkritie), it is also called the Moscow Ring. Participants of the financial market learned about the close connection of these banks as a result of the “drain” of a letter from an employee of Alfa Capital Management Company Sergei Gavrilov, where the analyst predicted imminent problems for members of the BOMP.
As time has shown, Sergei Gavrilov was practically not mistaken - out of four banks, only MKB survived. It is sad that the general public was able to assess the risks only after the entire system was on the verge of collapse. It could not help but collapse, as it critically depended on the general state of the business of the entire Safmar holding. After the events of 2014 (sanctions, the collapse of the ruble, the fall in oil prices), this state could not be good. At the same time, banking structures began to collapse, which Binbank had to pick up. At the same time, he used these acquisitions to obtain financing from the Bank of Russia, which generously printed money to save the bankers. In 2014, Binbank received almost 36 billion rubles for the rehabilitation of the assets of Rost Bank (Akkobank, Kedr, Rost-Bank, SKA-Bank, Tveruniversalbank). After that, he was forced to pump another 600 billion there - more than seven of his capital. But the real blow for BIN was the acquisition Bank MDM. Mikail Shishkanov claims that he did not expect to face such bad assets in MDM. And this is a very strange statement, given the fact that the quality of MDM's assets, as well as the main business model of the bank, has never been a secret for all participants in the credit market. Moreover, from time to time attempts were made to straighten things out and set MDM Bank on a new path. But the heroic past of the currency exchange network left scars too strong on the corporate code. Nevertheless, it was Binbank that turned out to be attached to MDM, as the press service proudly announced in November 2016.
“We laid the foundation for the creation of a bank of international level, innovative and high-tech,” said then Mikail Shishkhanov. “Next year, we will continue the integration and technological improvement of the merged bank, after which we will be ready for new mergers and acquisitions.”
In fact, as early as next year, the banker asked the Central Bank for a soft loan for a long period.
In manual mode
Subsequently, Mikail Shishkhanov's attempt to get a preferential loan from the canonical story of the rescue of Binbank disappeared somewhere. In its place, an ideologically sustained version appeared about how “ following the results of the analysis of the bank's problems, its main owner Mikail Shishkhanov turned to the Central Bank with a request for reorganization».
The reality, apparently, turned out to be such that the Bank of Russia simply did not agree to "give money." It seems that the Central Bank demanded that the owners of Binbank transfer real assets to the balance of the banking group. In other words, regulators were not happy with the status of collateral. Here they understood very well all the conventionality of this concept in the Russian legal field. Deputy Chairman of the Central Bank Vasily Pozdyshev personally oversaw the process of re-registration of companies in various forms in the banking group "Bin", which he proudly reported in his interviews. He solved the problem of preserving these assets manually.
« Both controlling persons, primarily Mikail Shishkhanov and Mikail Gutseriev, attend meetings at the Central Bank", - said Pozdyshev. Thus, the regulator simply took business owners under its control and guardianship (at the same time), eliminating unfavorable scenarios for itself.
In the old days, bankers were simply put behind bars, which facilitated dialogue with them, or they had time to leave for London, where they conducted these negotiations on their own terms. But both scenarios threatened to collapse not only the business of the Binbank group, but the entire banking system. In turn, the owners of BIN themselves understood this very well. While in the bank, they could control the movement of funds and prevent them from going sideways. Previously, financiers would probably have had to hide and negotiate through intermediaries with lawyers from the DIA, who would carefully remove assets through a managed bankruptcy procedure. Actually, this, by and large, most likely was the new mechanism for reorganizing Binbank. But the whole scheme was implemented not thanks to the personal prowess of Shishkhanov and Gutseriev, but most likely because they were allowed to keep their business on the promise not to play cat and mouse with the Bank of Russia.
What is the essence of such a business, it is easiest to understand if you imagine its creation in the form of successive steps - a kind of road map. You collect the assets received from different owners in different ways into one group, separate treasury functions into a single settlement center, turn this center into a full-fledged bank, and promote the balance of this bank by attracting third-party clients. Thus, your personal interests in real assets turn into liabilities of the entire credit system. And, in the event of a crisis, you can always count on generous assistance from the state and monetary authorities. This is the oligarchy, which is believed to have been done away with for a long time.
Judging by the newspaper panegyrics, Binbank's owners may have felt that the threat was over. And they themselves are free, and the assets are in place, and there is no need to go abroad. It remains to get rid of the guardianship of the Bank of Russia, and we can continue to implement global plans. Creating new circles of banking hell.
As a child, I wanted to become a doctor and even worked for some time as a nurse in an ambulance. But his further fate, largely thanks to his uncle, the famous businessman Mikhail Gutseriev, became connected not with medicine, but with banking.
Education
Graduated from the Faculty of Economics and Law of the Peoples' Friendship University of Russia.
He received his second higher education at the Financial Academy under the Government of the Russian Federation. He defended his Ph.D. thesis in jurisprudence, and soon his doctoral dissertation in economics.
Corresponding member of the Russian Academy of Natural Sciences.
Labor activity
While still a student, in 1992, he began working in his uncle's company BIN LLP. In 1993, he became the general director of CJSC Industrial and Financial Company BIN. In 1994, he moved to the joint-stock commercial bank BIN. There he changed a number of positions: head of the department for organizing interbank relations and bank representatives in the regions, deputy chairman of the board, vice president.
In 1996, he took the post of President and Chairman of the Board of Binbank. He was the main owner of this bank until 2017*.
In July 2015, he became the Chairman of the Board of MDM Bank, in parallel to November 2016, he headed the Board of Directors of Binbank.
Together with Suleiman Kerimov and Arkady Rotenberg, he owns shares in the Dekmos development company, which owns the Moscow Hotel.
Along with Sait-Salam and Said Gutseriev, he was the ultimate owner of the NPF European Pension Fund (JSC), NPF Doverie JSC, NPF Regionfond (JSC). It is known that in the summer of 2015 these three funds acquired about 10% of the shares of Promsvyazbank.
On November 18, 2016, the completion of the merger of Binbank and Binbank Murmansk with MDM Bank on the basis of the latter's license was officially announced, which was eventually renamed Binbank. The latter, as president and chairman of the board, was headed by Mikail Osmanovich.
On May 28, 2017, on the official page of Binbank, information appeared about the banker's resignation from the post of chairman of the board and the transition to the position of deputy chairman of the board of directors of the Safmar industrial and financial group. He began to supervise the financial block and foreign economic activity of PFG, including areas of promising cooperation with Western, Asian and Arab funds, subsidiary retail companies (M.video, Eldorado, Technosila), Europlan leasing company, IT- technology, as well as the insurance business - the company "VSK".
*On September 20, 2017, the media became aware that the owner of Binbank (Mikail Shishkhanov and Mikhail Gutseriev were the Central Bank) with a request for a possible sanation through the Banking Sector Consolidation Fund (FCBS) (these were Mikail Shishkhanov and Mikhail Gutseriev, who exactly communicated with representatives of the Bank of Russia was not specified). Then the board of directors of Binbank decided to re-elect Mikail Osmanovich as its chairman, including because of negotiations with the Central Bank.
Since December 15, 2017, for the duration of the provisional administration, the powers of the governing bodies of Binbank were suspended. At the beginning of March 2018, Binbank was additionally capitalized by 56.9 billion rubles, and the Central Bank announced its imminent merger with FC Otkritie bank. The banker himself played an important role in the recovery of the credit institution, having transferred for this purpose his non-banking assets - shares of Inteko, A101, companies producing broilers, cement, woodworking and nanotechnology enterprises.
In June 2018, Open Media reported that since June 8, the businessman has been listed as the sole owner of the Ural agricultural holding Healthy Farm. Thus, he controls Healthy Farm Group, Healthy Farm Delicacies, Delicacies from Healthy Farm, as well as Uralbroiler and Ural Meat Company.
Included in the list of 200 richest businessmen in Russia.
Awards
Has state awards.
Hobbies
He enjoys chess and boxing.
Family status
Married, has four children.
Russian entrepreneur and financier. The main owner of PJSC "Binbank" (59.4%). Together with the Gutseriev family, he is a co-owner of MDM Bank (84.38%), as well as the BIN pension group, which includes the pension administrator SAFMAR Pension LLC (100% subsidiary of BINBANK), as well as the European Pension Fund NPF , NPF "Doverie", NPF "Education and Science", NPF "Regionfond" and acquired in October 2015 NPF "Raiffeisen". He is a co-owner of the Europlan group of companies. He is also a co-owner of large real estate assets, in particular, he owns CJSC INTECO and CJSC Patriot (the total stake is 95%), PJSC Mospromstroy, urban development project in New Moscow "A101"
"Biography"
In 1995 he graduated with honors from the Faculty of Economics and Law of the Patrice Lumumba University of Peoples' Friendship, and in 2000 from the Financial Academy under the Government of the Russian Federation. In 1998 he defended his dissertation for the degree of candidate of legal sciences, and in 2002 - doctor of economic sciences. Corresponding member of the Russian Academy of Natural Sciences.
"News"
Hectares are looking for an owner
Rostagro, one of the ten largest landowners in Russia, began looking for buyers for its 377,000 hectares. The company, which is associated with the ex-shareholder of the reorganized Binbank, Mikail Shishkhanov, will find it difficult to get a good assessment of its assets: due to the fall in grain prices, profitability in crop production has decreased.
The owners of Rostagro Management Company (until the end of 2017 it was called Rosagro) are looking for buyers for land assets, three market participants and a source in investment circles told Kommersant. According to BEFL data as of May 2018, Rostagro managed 377 thousand hectares of land, which puts it in 9th place in the ranking of the largest Russian landowners. The company's assets are concentrated in the Penza, Voronezh, Saratov and Lipetsk regions, as well as in the Stavropol Territory. Kommersant's interlocutors do not know what part of the land bank is for sale. One of them believes that Rostagro plans to get rid of all or most of the assets. Rostagro did not respond to Kommersant's request.
Mikail Shishkhanov, the main owner of the rehabilitated Binbank, left the board of directors of NPF Safmar, follows from the company's press service. Together with him, three first deputies of the chairman of the board of Binbank left.
New introductory: why Mikail Shishkhanov is changing plans for Binbank
Mikail Shishkhanov decided not to claim a stake in Binbank following the reorganization and to bring some additional assets there. Last week, he expected to keep 25% of the bank and called it one of the most capitalized
Shishkhanov allowed the transition of Inteko under the control of the Central Bank
The development companies A101 and Inteko, which are part of the Safmar group, may come under the control of the Central Bank. They are associated with Binbank, which is being sanitized by the Bank of Russia
The owner of Binbank called the bank "a hostage of rumors on Twitter and WhatsApp"
Mikail Shishkhanov in an interview with RBC spoke about the reasons for turning to the Central Bank for support
Shishkhanov announced the consent of the Central Bank to the reorganization of Binbank
The official announcement of the Central Bank on the beginning of the procedure for reorganization of the credit institution is scheduled for Thursday
The owner of Binbank said that he was caught in the "scissors of a falling market"
Transferring the bank to the Banking Sector Consolidation Fund (FCBS) is painful, but it needs to be done, Mikail Shishkhanov admitted in an interview with RBC
Mikail Shishkhanov - RBC: "I'm losing everything, only my name is saved"
The main owner of Binbank, Mikail Shishkhanov, in a blitz interview with RBC, spoke about the reasons and conditions for the reorganization of a financial organization, as well as the situation in the bank
The co-owner of Binbank spoke about the reasons for the reorganization and the future of the bank
The co-owner of Binbank, Mikail Shishkhanov, will head the board of directors and, with the support of the Bank of Russia, will personally carry out the financial rehabilitation of the credit institution. “I didn’t calculate the business forces,” he explained the problems of the bank and the appeal to the Central Bank
The ex-head of Svyaznoy Bank was invited to head Binbank
Evgeny Davydovich was invited to the post of head of Binbank. Until the end of May, this post was held by Mikail Shishkhanov, who focused on managing the business of the Safmar group
Gordeev became the controlling shareholder of the largest housing developer
The president and main shareholder of the largest housing developer of the PIK group of companies, Sergey Gordeev, completed a deal to buy out shares from the structures of Alexander Mamut and Mikail Shishkhanov, thereby gaining control of 50.02% of the shares, according to the company's website.
Sergey Gordeev will receive a controlling stake in the largest housing developer
Sergey Gordeev, the main shareholder of Russia's largest housing developer PIK Group, will increase his stake in the company to 50.02% of the shares. Its structures will buy shares in the company from Alexander Mamut and Mikail Shishkhanov, VTB will buy another 7.6%
PSB: banks will weaken interest in risky borrowers
The main owners of Promsvyazbank are the brothers Alexey and Dmitry Ananiev, who control in equal shares 50.03% of the shares through Promsvyaz Capital BV. The bank's shareholders are also the European Bank for Reconstruction and Development (11.75%), ex-senator Viktor Pichugov (10%), OJSC NPF Future (10%; former OJSC NPF Blagosostoyanie OPS, the ultimate beneficiary is Boris Mints), CJSC NPF European Pension Fund (4.91%), CJSC NPF Doverie (3.81%), Natalia Bogdanova (2.74% through ZPIF of long-term direct investments Vector Development), CJSC "NPF "Regionfond" (1.28%), the former owners of PJSC "Pervobank" Leonid Mikhelson (2.57%) and Leonid Simanovsky (0.71%). Among the minority beneficiaries are the owner of PJSC "Binbank" Mikail Shishkhanov, his adviser Mikhail Evloev, Sait-Salam Gutseriev, Said Gutseriev, Oleg and Alexey Bulavin.
"RussNeft" began to increase production before the IPO
RussNeft expects to hold an IPO on the Moscow Exchange by the end of the year, Mikail Shishkhanov, co-owner of the oil company, Mikhail Gutseriev's nephew, said in an interview with RBC in June. Later, Gutseriev himself clarified that at the first stage it is planned to place up to 10% of the company's shares for $400-500 million. Market participants attribute a sharp improvement in oil production to preparations for the placement, Interfax points out.
Now 54% of RussNeft belongs to the structures of Mikhail Gutseriev and his family, another 46% belongs to the Swiss trader Glencore. In mid-July, Vedomosti reported, citing a Moody's report, that in August Glencore's stake in RussNeft would drop to 25% plus one share due to the fact that other companies of Gutseriev, who recently became creditors of the oil company, convert loans into its stock.
Live in retirement. How the NPF market works in Russia
Most of the pension savings - 1.2 trillion rubles - belong to four private groups formed in the last five years: "Safmar" of billionaires Mikhail Gutseriev 16 and Mikail Shishkhanov 46, "Opening" of banker Vadim Belyaev 185, O1 Group of developer Boris Mints 62, " Alor" by financier Anatoly Gavrilenko Sr.
Mikail Shishkhanov financed Europlan with the money of his NPFs
The co-owner of the Bin group, Mikail Shishkhanov, financed the Europlan leasing company controlled by him with the money of his pension funds. The businessman sold almost 25% of the shares of Europlan to the pension funds of the Bin group, as well as to the NPF Russian Standard, Vedomosti writes, citing the disclosure of Europlan.
MDM Bank ATMs started accepting Zolotaya Korona cards
MDM Bank has updated the software of all its ATMs.
In addition to the fact that the interface has been updated, which, as emphasized in the bank's message, is "intuitive", "simplifies the work of customers with the device and increases the speed of work", the list of organizations has been significantly expanded (in such categories as housing and communal services, the Internet, cellular communications, electronic money ), whose services can be paid through an ATM. At the same time, a regional filter works in self-service devices: customers are offered for payment exactly those services that are presented in the region.
Shareholders sent MDM Bank a mandatory offer to buy back securities from minority shareholders
Darrington Enterprises Limited, whose beneficiaries are Mikail Shishkhanov and Mikhail Gutseriev, has sent MDM Bank a mandatory offer to acquire its securities. The share of this company and its affiliates in MDM Bank now stands at 97.64% of voting shares.
The Gutserievs bought for 5 billion rubles. long-term construction at the structures of the Bank of Moscow
The BIN group, controlled by the Gutseriev family, bought for 5 billion rubles. hotel and office unfinished construction near the stadium "Olympic" in Moscow. Almost eight years ago this building began to be erected by structures associated with the ex-president of the Bank of Moscow, Andrei Borodin.
The acquired building was built by CJSC Kuznetsky Most Development, which also acted as a seller. Now this company, the main creditor of which was the Bank of Moscow, is undergoing bankruptcy proceedings. After a criminal case was initiated against Borodin and VTB consolidated almost 95% of the Bank of Moscow, Kuznetsky Most Development stopped servicing its loan portfolio. Then the bank decided to sell the development assets.
Chinese and Japanese payment systems claim the place of Visa and MasterCard
China UnionPay and JCB payment systems took advantage of the situation and began active negotiations with banks to start acquiring. Until the end of the year, Binbank and Gazprombank may start servicing cards of these payment systems, Alfa-Bank and VTB24 plan to expand cooperation, and Promsvyazbank intends to launch acquiring of these cards in the first half of next year. Their active issue on the Russian market can be expected in two or three years.
Central Bank approves acquisition of Murmansk DNB Bank by Shishkhanov's structure
The Central Bank of Russia has approved a deal on the acquisition of the Murmansk DNB Bank by the structure of Binbank owner Mikail Shishkhanov, Binbank said in a statement. The buyer will be Asokerco Trading Limited, whose beneficiary is Shishkhanov.
VTB received BIN Group's Marriott and Holiday Inn hotels as collateral
Shishkhanov plans to become the largest shareholder of the PIK group instead of Gordeev
The owner of Binbank and Inteko, Mikail Shishkhanov, is buying up shares in the PIK development group, which is underestimated by stock investors. The businessman said that he intends to increase his share to 20% - in this case, he will become the largest shareholder of PIK instead of Sergey Gordeev.
Media: Gutseriev intends to increase his stake in Binbank to 30-34.6%
RBC 06/26/2014, Moscow 10:06:59 Until the end of 2014 Binbank plans to raise capital. According to Vedomosti, the bank's founder, Mikhail Gutseriev, may again buy out the second issue of shares, the volume of which may be from 4 to 6 billion rubles. Thus, he will bring his share in the capital of Binbank to 30-34.6%. According to a source close to the bank's shareholders, additional capitalization should take place in December 2014. - January 2015
Binbank increased its equity capital by 4 billion rubles. — up to 28 billion rubles.
06/02/2014, Moscow 10:53:41 The Department for Licensing Activities and Financial Recovery of Credit Institutions of the Bank of Russia has registered the results of an additional issue of shares of Binbank, according to which the bank's equity capital increased by 4 billion rubles. and amounted to June 1, 2014. about 28 billion rubles. This is stated in the message of Binbank.
Mikhail Shishkhanov became interested in the national rating agency
The government's intention to create an internationally recognized national rating agency did not leave Russian business indifferent. As it became known to RBC, banker and developer Mikhail Shishkhanov, whom RBC sources associate with Rusrating, is going to discuss this issue with First Deputy Prime Minister Igor Shuvalov in the near future.
Binbank wants to send 8.5 million rubles to pay dividends for 2013
Binbank: Shishkhanov's company buys Murmansk DNB bank from Norwegian DNB
Asokerco Trading Limited, whose beneficiary is businessman Mikail Shishkhanov, is acquiring a 100% stake in DNB Bank, which is located in Murmansk, from Norway's largest financial group DNB.
Binbank will buy the Russian "daughter" of the Ukrainian PrivatBank for 6 billion rubles.
04/02/2014, Moscow 12:53:44 Binbank, owned by Russian entrepreneur Mikhail Shishkhanov, has agreed to acquire 100% of the shares of MoskomPrivatBank, the Russian subsidiary of the Ukrainian PrivatBank, Binbank reports. about 6 billion rubles. Settlements will be carried out at the expense of cash and Ukrainian assets of the main shareholder Binbank Shishkhanov. The parties intend to close the deal in the near future.
BINBANK buys the Russian bank of the Ukrainian oligarch for 6 billion rubles.
“Settlements will be carried out at the expense of cash and Ukrainian assets of the main shareholder of BINBANK, Mikail Shishkhanov. The parties intend to close the deal in the near future," the credit institution said in a statement.
Mikhail Shishkhanov came for pensions
The owner of Binbank acquired the European Pension Fund, which will buy other NPFs
Shishkhanov received control over NPF "European Pension Fund"
The owner of Binbank, Mikail Shishkhanov, acquired a majority stake in the capital of the holding that manages the activities of the European Pension Fund NPF, the NPF said in a statement. The parties to the transaction explained that Shishkhanov acquired more than 50% in the holding's capital.
Shishkhanov told how his representatives entered the Board of Directors of the Bank of Cyprus
Representatives of Mikail Shishkhanov Anzhelika Anshakova and Eriskhan Kurazov joined the Board of Directors of the Bank of Cyprus as independent experts. Shishkhanov himself told Prime about this. Earlier it was reported that Anshakov, who since 2010
Shishkhanov is going to capitalize Binbank by $50 million
Until the end of 2013, Binbank, controlled by businessman Mikail Shishkhanov, will raise a subordinated loan in the domestic market for $50 million. Shishkhanov himself announced plans to recapitalize Prime.
Mikail Shishkhanov acquired almost 20% of the PIK group
The President of Binbank became the second largest co-owner of the company after Suleiman Kerimov
The Gutserievs and Rotenbergs became the richest families in Russia
The list of the largest family businesses in Russia in 2013 was headed by the Gutserievs, Rotenbergs and Khachaturovs. The leaders of 2011, the Ananyev brothers, with a total income of $4.86 billion, did not make it into the top three this time, CEO magazine reports according to its own rating.
Ivanishvili's development assets have new owners
The Bin Group, owned by the Gutseriev family and Mikail Shishkhanov, has completed a deal to purchase the real estate assets of Georgian Prime Minister Boris Ivanishvili's Unicor Management Company.
Moscow buys Shalva Chigirinsky's assets in the Rossiya Hotel reconstruction project
The city authorities are ready to put an end to the scandalous project of Shalva Chigirinsky on the site of the Rossiya Hotel. The Moscow government intends to buy out companies from the businessman, one of which owns the right to lease the land plot under the demolished hotel, and the second - the canceled investment contract for its reconstruction
Banks increase their capital through gifts
Four banks raised the level of this indicator at once thanks to property received free of charge with a total value of 6 billion rubles
Which of the landowners of Moscow benefited from the expansion
These are the lands of difficult fate. First, on a plot of 430 hectares, businessman Suleiman Kerimov was going to build a "city of millionaires", then he sold the project, in which only earthworks were carried out, to the owner of Binbank, Mikail Shishkhanov. Together with the lands, Shishkhanov also received a loan from Sberbank, with which they were purchased. As a result, now Sberbank is the only shareholder of the project, the debt is $3 billion.
Shareholders of the Hilton Moscow Leningradskaya Hotel
70% of the hotel's shares are owned by JSC Sadko-Hotel, they are controlled by the shareholders of the BIN group. Mikhail Gutseriev and his nephew Mikhail Shishkhanov are considered the main owners of the company, the remaining 30% of the shares belong to the Government of Moscow.
Owners of ZAO Mospromstroy
Mikhail Gutseriev and his nephew Mikhail Shishkhanov are considered the main owners of the company, another 26.24% is owned by the Moscow government. The nominal holders of Mospromstroy's shares are the Bank of Moscow (26.24%), Binbank (19.99%), Mosstroyekonombank (50.01%).
Shareholders of the hotel Moscow
The owners of 51% of the shares of Dekmos, which owns the reconstructed hotel Moskva, are Suleiman Kerimov and Arkady Rotenberg, 49% of the shares of the Moskva hotel belong to Mikail Shishkhanov.
Sberbank Investments, a subsidiary of Sberbank, in partnership with the owner of Binbank, Mikail Shishkhanov, acquires CJSC Inteko from the main owner of the company, Elena Baturina, wife of the ex-mayor of Moscow, Yuri Luzhkov.
Binbank owners
The main shareholder of the bank is Mikail Shishkhanov - 97.604% of the authorized capital.
Binbank is one of the 30 largest banks in the country according to the Bank of Russia, ranking 36th in terms of net assets as of August 1, 2011, 54th in terms of capital and 3rd in terms of reliability as of July 1, 2011, according to the rating of the magazine "Profile".
Former owners of Inteko
99% of the company's shares belong to Elena Baturina, 1% is on the balance sheet of the company itself. Previously, 50% of the company's shares belonged to Baturina's brother, Viktor Baturin, by May 10, 2001, this share was reduced to 25%, and then it was transferred to Elena Baturina. In early February 2007, Elena Baturina transferred her stake in the company to the closed-end investment fund Continental, receiving shares in the amount of $ 3.15 billion in exchange.
At the beginning of September 2011, the sale of Inteko was announced by Elena Baturina, and the structures of entrepreneur Mikail Shishkhanov (co-owner of Binbank) should become the buyer of 95% of the company, and another 5% - a subsidiary of Sberbank Sberbank Investments. The deal did not include Inteko's cement plants. The total amount of the transaction is estimated at $ 1.2 billion, but taking into account the company's debt, it is assumed that Baturina will receive only $ 200 million for Inteko. It was assumed that the transaction should be closed within a month, but in October Viktor Baturin filed a number of lawsuits with the requirement to recognize this transaction as illegal and with the requirement to transfer the buyer's rights and obligations under it to it; as a result, the transaction was not closed as of the end of October
After the change of ownership, Inteko begins to acquire real estate
Inteko, Mikail Shishkhanov, acquired the former office of the Borodino group on Nikoloyamskaya Street. This is the company's first public transaction since the change of ownership.
Moscow agreed on the first major project of Inteko after the sale of the company by Elena Baturina
The Moscow government began to coordinate the construction of the Inteko company, which six months ago was acquired from Elena Baturina by Mikail Shishkhanov in partnership with Sberbank. The GZK has radically revised the Avia_park project at the site of the airfield named after. Frunze on Khodynka, reducing the area of the projected complex from 400 thousand to 300 thousand square meters. In addition, the functionality has changed: instead of offices, Inteko can attach an apartment complex to its residential Grand Park.
Mikail Shishkhanov may buy Boris Ivanishvili's property
The Gutseriev family wants to own most of the luxury hotels in Moscow. One of its members, Mikail Shishkhanov, is negotiating with Boris Ivanishvili to buy out the InterContinental and Tsentralnaya hotels on Tverskaya Street
Kerimov and Shishkhanov are interested in buying Metropol
As it became known to Vedomosti, the structures of Suleiman Kerimov and Mikail Shishkhanov are interested in buying the Metropol Hotel. Moscow City Hall plans to sell it before the summer
Tomorrow the hotel "National" will be sold
Tomorrow the Moscow Mayor's Office is holding an auction for the sale of 100% of the shares of the National Hotel located opposite the Kremlin. As it became known to Vedomosti, the hotel may go to the structures of the President of Binbank Mikail Shishkhanov
The new owners of Inteko intend to conduct an IPO of the company
MOSCOW, December 7 - RIA Novosti. Businessman Mikail Shishkhanov, in partnership with Sberbank Investments LLC, a subsidiary of Sberbank of Russia, completed the acquisition of the Inteko group from Elena Baturina and plans to conduct an IPO of the company, the largest Russian bank said.
Baturina sold Inteko, may create a real estate investment fund
Businessman Mikail Shishkhanov, in partnership with Sberbank Investments, completed the acquisition of the Inteko Group from Elena Baturina, Sberbank said. The parties did not disclose the amount of the transaction.
Binbank increased its authorized capital by 22% - up to 4.165 billion rubles.
Binbank increased its authorized capital by 22% - up to 4.165 billion rubles, raised 1.5 billion rubles in capital from shareholders.
Binbank: organized banking group
The story of the founder of Binbank deserves a separate book. It was not in vain that the Izvestia newspaper at one time compared him with Eastern dictators, "who clearly divide people into friends and foes." They, strangers, Gutseriev "bred" for money. And he did it nationwide. Mikhail Safarbekovich started his first business back in Grozny, having founded a furniture production jointly with Italians. The Italians were disappointed with the profit. Gutseriev was quite pleased with her. The capital received allowed him to move to Moscow, away from the impending war. Here, on the streets of Belokamennaya, yesterday's Grozny furniture maker set up buying up gold from the population. And the proceeds received from the resale of the "red" in commission stores, he invested in real estate. Two years were enough to give the case its due scope. Soon, the younger brother of Gutseriev Site received an industrial and financial company at his disposal, his nephew Shishkhanov headed the Binbank, and Mikhail Safarbekovich himself plunged headlong into the oil industry.
The clan aggressively absorbed soft-bodied Moscow enterprises, not forgetting to share with the "powerful of this world." Money invested in officials gave a quick return. In 1994, Mikhail Gutseriev headed the administration of the Ingush offshore zone, created on his own initiative. In the hands of the "jeweler" were billions of rubles of the federal tax credit. Some of them were indeed spent on restoring the infrastructure of Ingushetia. Gutseriev used "surrender" to buy up enterprises, starting with the company "Variogan-neft". She, as noted by the same "Izvestia", Mikhail Safarbekovich literally "teared out of the hands of" Sibneft "and" TNK-BP ".
Each army has its own vanguard. In the Gutseriev clan, the role of the attacking link was assigned to the financiers. Mikhail Shishkhanov, his own nephew, was put in charge of the "family's purse". It is difficult to say how great the financial talent of this man is, but he did an excellent job with his uncle's main assignments. In many respects, thanks to the efforts of Shishkhanov, many enterprises of the Russian chemical industry, trading companies and industrial facilities passed into the ownership of the clan. He also helped to “correctly” spend the money of the large Gutseriev family. And not only for business needs. At one time, a rumor about the close contacts of the Gutserievites with some destructive forces in Chechnya and the Republic of Ingushetia made a lot of noise. And although the scandal did not continue, it affected the affairs of the clan in the most unpleasant way.
Baturina is bought out of the development business to offset debts
Elena Baturina, once the richest woman in the country, is leaving the Russian real estate business. Her company "Inteko" will go to the co-owner of Binbank Mikail Shishkhanov and the structure of Sberbank
Baturina sold Inteko
Sberbank Investments LLC, a subsidiary of Sberbank, in partnership with Binbank owner Mikail Shishkhanov, acquires Inteko CJSC from the main owner of the company, Elena Baturina, wife of the ex-mayor of Moscow, Yuri Luzhkov.
Elena Baturina sold Inteko three times cheaper than estimated
Yesterday Elena Baturina left the construction market in Moscow. The development business of the wife of the retired mayor Luzhkov is transferred to the owner of BIN-Bank, Mikail Shishkhanov. The entrepreneur will buy 95% of Inteko CJSC within a month, and 5% of the company will go to the subsidiary of Sberbank - Sberbank Investments LLC. The cost of the deal is not disclosed by the parties. A year ago, the richest woman in Russia estimated her construction assets at $3 billion, today their market value does not exceed $1.2 billion.
The expert evaluated the deal for the sale of Inteko at the cost of the company's land assets
The price of the deal to buy Inteko from Elena Baturina could correspond to the value of the company's land assets, Konstantin Kovalev, managing partner of Blackwood consulting company, told RIA Novosti on Tuesday.
Rublevskoe bankruptcy of Gutseriev's nephew
Efficient manager Mikhail Shishkhanov failed the “city of millionaires” project, having mastered $4.5 billion on a virtual long-term construction
The British company Aukett Fitzroy Robinson Group (AFRG) told investors via the London Stock Exchange that the developer of the mixed-use complex on the Moscow River asked her to temporarily stop work on the project due to financial problems. A source close to the company's management said that it was Rublyovo-Arkhangelskoye. AFRG was supposed to complete the project of three residential complexes and one office complex (for Sberbank). According to the interlocutor of Vedomosti, funding is now suspended, Sberbank is negotiating to increase its share in the project.
The Rublyovo-Arkhangelskoye project involved the development of 430 hectares in the floodplain of the Moskva River, about 3 km from the Moscow Ring Road along Novorizhskoye Highway. The total area is 2.7 million square meters. m. In 2005, the former owner of the Nafta-Moscow project estimated investments at $3 billion.
The bank owns 10% of the "city of millionaires", which, according to the report for 2008, cost it 3.6 billion rubles. Participation in the capital of Rublyovo-Arkhangelskoye was a condition for issuing a $4.5 billion loan to [Binbank owner Mikhail] Shishkhanov, with which he bought the project from Suleiman Kerimov last year. Sources close to Shishkhanov and Kerimov said that about $5 billion was paid in total.
Binbank received Mospromstroy
CJSC Mospromstroy controls 26 general contracting and specialized enterprises. The company was involved in the construction of the Cathedral of Christ the Savior, the Ice Palace, the Victory Memorial on Poklonnaya Hill. Mospromstroy owns about 150 real estate objects. The company's revenue in 2004 was about $400 million, net profit was $41 million. According to CEA-Interfax, as of April 1, 2005, Binbank's assets were estimated at 34.8 billion rubles. (29th place in the Russian Federation), capital - 3.7 billion rubles. (40s). The bank founded by Mikhail Gutseriev is now controlled by his nephew Mikhail Shishkhanov.
"Binbank": it was yours, it's ours
Mikhail Shishkhanov became a banker overnight, at the behest of his family. Having founded Binbank in 1993, Gutseriev handed it over a year later to his nephew, who had just graduated from the institute. And immediately involved in their business schemes. Binbank was mainly engaged in buying up securities of leading industrial enterprises. And not really adhering to the rules of "fair play". An illustrative example was the purchase of shares in the Moscow construction company Mospromstroy, which was carried out in the interests of the bank by Rosbuilding. The object was a closed joint-stock company, so Gutseriev's people executed several sham share donation transactions. And then, having become the "shareholders" of the enterprise, they, on completely legal grounds, started buying up the securities of Mospromstroy, trying to take control of the entire company. No less aggressively Binbank bought up the papers of the then prosperous Yukos, which aroused increased interest from law enforcement agencies.
Many were puzzled by the fantastically low price at which in November 2005 Yukos sold its stake in Sakhaneftegaz to Shishkhanov-Gutseriev's bank: the most promising oil company cost only $6 million, at 7 cents per barrel of raw materials. Then there was a "war" with a powerful TNC, battles for the construction market and objects of "big chemistry". And everywhere the scheme already familiar to us worked: a newspaper wave of compromising evidence, buying up debt obligations, criminal cases against management and arbitration decisions, striking in their inadequacy.
The business was going well. The clan stood on three strong pillars: Mikhail's brother, Sait Gutseriev, the former general director of the Grozny TPO "Local Industry", led the Industrial and Financial Company "Bin", the nephew "ruled" the Binbank, and Mikhail Safarbekovich himself owned Russ-Neft. By the beginning of 2005, the annual turnover of the oil company amounted to about 3 billion dollars, and the Bin group, excluding Binbank, was more than one and a half billion. The clan managed to buy up almost four dozen enterprises, and he was not going to stop. The ground for further expansion was probed by Adlan Shishkhanov, cousin of the head of Binbank.
Mikhail Gutseriev crossed the road to Lukoil
Yukos did not admit that he owns Broadwood Trading. Russneft is also not recognized in the purchase, which categorically denies its connection with Broadwood Trading. But according to a source familiar with the lawsuit filed by Broadwood Trading in court, it was signed by a certain Svetlana Chudina. In 2002, she worked as the head of the legal department in the BIN financial and industrial union, which included BIN-Bank, whose founder is considered to be Mikhail Gutseriev. In the same year, she went to work at RussNeft as Deputy Director of the Legal Department for Claims. In February 2003, she was elected to the board of directors of Vareganneftegaz, which is part of Russneft. But the company of Mikhail Gutseriev claims that Ms. Chudina left the structures of RussNeft back in 2003.
Interestingly, yesterday the President of BIN-Bank (through a subsidiary controls 20% of the shares of RussNeft), Mikhail Shishkhanov, said that the oil company in 2006 intends to increase oil production to 25-30 million tons of oil (this year the production volume should be 15 million tons).
Mikhail Shishkhanov, the main owner of the Rublyovo-Arkhangelskoye development project, is negotiating an increase in Sberbank's stake in the project
Mikhail Shishkhanov, the main owner of the Rublyovo-Arkhangelskoye development project, and Sberbank are negotiating to increase the bank's stake in the project to a maximum of 49%. Sberbank received 10% of the "city of millionaires" in 2008, providing a loan to a businessman to purchase this asset from Suleiman Kerimov's Nafta-Moskva. The project, which was then estimated at $5 billion, has already fallen in price by at least 50% due to the crisis, experts say.
The share of Sberbank in the "city of millionaires" Rublyovo-Arkhangelskoye may increase to a maximum of 49%. Mikhail Shishkhanov, the main owner of the project and the head of Binbank, told Kommersant about this. “Negotiations are underway on this issue. By April 1, we will complete the development of the project's business plan, after which the exact size of Sberbank's share will be clear,” the businessman noted. According to him, entering the project, Sberbank expected to receive a certain profit. “Because of the crisis, the profitability of the project has decreased. For this reason, the bank intends to increase its stake in Rublyovo-Arkhangelskoye,” said Mr. Shishkhanov. According to the estimates of Mikhail Gets, the managing partner of Novy Kachestvo, the profitability of development projects before the crisis could reach 30%, now the market average is at the level of 16-18%. “Now, in all business plans for projects, developers have to include an average of 30 percent reduction in the cost of housing,” Mikhail Gets explains the decrease in profitability.
Mikhail Shishkhanov: “If I don’t know where and how our clients are served, I will break away from real life!”
How to gain the trust of a depositor, what he should know about his monetary institution - all this and much more is told by the President, Chairman of the Board of BINBANK Mikhail Shishkhanov.
“The team is not with me, but with the bank”
Mikhail Osmanovich, confess, how do they become successful bankers in our time?
Actually, as a child, I dreamed of a medical career. He even worked a little as a nurse in the Ambulance. But when they allowed me to attend the operations, I realized that this was not for me. My uncle, Mikhail Gutseriev, who has always taken a great part in my development, advised me to take up the economy. I chose the Patrice Lumumba Peoples' Friendship University, whose economics department was famous for its strong, unorthodox faculty.
It was already 1988. The country literally overnight moved from the Soviet planned economy to market relations. He finished his studies already in the new Russia. I left with a diploma in economics and with an “unblinkered” look at what is happening around. And I realized that this is not enough. I went to study at the Financial Academy under the Government of the Russian Federation, defended my Ph.D. thesis, then my doctoral thesis. Now the second doctoral thesis is almost ready.”
Mikhail Shishkhanov is booking Moskva
The Moskva Hotel may have a new co-owner: Mikhail Shishkhanov, head of Binbank, is ready to purchase 49% of the hotel from the mayor's office. For this share, a businessman can pay 2.5 billion rubles. Before him, the Moscow government offered this asset to the owner of Nafta Moskva, Suleiman Kerimov, but the businessman refused to increase his stake in the facility (owns 25.5% of Moskva).
The fact that Mr. Shishkhanov is ready to purchase a 49% stake in Dekmos OJSC, on whose balance sheet the Moskva Hotel under construction is located, was reported to Kommersant by several sources close to the Board of Directors of OAO Hotel Company (GC). It is the Group of Companies, where 85% is owned by the Moscow government, that owns 49% of the Moskva Hotel. The GC did not comment on this fact. Mr. Shishkhanov, through his representative, conveyed that he was ready to buy out 49% of Dekmos with his own funds. The businessman is only interested in the hotel part of Moscow. According to Kommersant's information, the Federal Antimonopoly Service has already granted the request for this transaction.
As it became known to RBC daily, the senator from the Belgorod region Vadim Moshkovich will become the owner of a 99% stake in Binbank. According to analysts, he could pay about $1 billion for a credit institution.
Today, Binbank plans to announce the sale by Mikhail Shishkhanov and minority shareholders of 99% of the bank's shares to Vadim Moshkovich. Several sources close to the parties to the deal reported the completion of the negotiations to RBC Daily. Mikhail Shishkhanov and Vadim Moshkovich confirmed the transaction for the sale of the bank's shares. “I am interested in the banking business itself and its growth prospects,” said Vadim Moshkovich. Mikhail Shishkhanov (87.07%) and several minority shareholders sold their shares in the bank. The amount of the transaction, its participants do not disclose.
The fact that the co-owner of Rusagro and the development companies Augur Estate and Scale, Vadim Moshkovich, could become the majority shareholder of Binbank, became known last fall. In addition to him, there were other applicants for the banking business of Mikhail Shishkhanov, who is the nephew of Mikhail Gutseriev. The press service of the bank reported that it will be headed by the first vice-president of Binbank Vartan Dilanyan (a former partner of Ernst & Young came to the bank back in November at the initiative of Vadim Moshkovich).
Mikhail Shishkhanov will buy 49% of the Moskva Hotel
The city authorities are selling 49% of the Moskva Hotel on Manezhnaya Square to the structures of the co-owner of the Bin group, Mikhail Shishkhanov, Reuters reports. The transaction will take place between the businessman and the current owner of the package - Dekmos OJSC, which is controlled by the city through the Hotel Company. The amount of the purchase was not disclosed. Shishkhanov, through his representative, confirmed the fact of the transaction and said that it was approved by the FAS. In the future, the entrepreneur is going to become the sole owner of Moscow. “The rest of the assets of the hotel complex are of no interest to me,” said Shishkhanov, whose fortune is estimated by Forbes magazine at $550 million. The remaining 51% of the hotel’s shares are owned by private individuals, while, according to the media, 25% is at the disposal of the Nafta group of Senator Suleiman Kerimov . The Bin and Nafta groups have experience of mutually beneficial cooperation: in 2007, Shishkhanov bought the Rublyovo-Arkhangelskoye development project from the group for $5 billion. The area of the newly built Moskva Hotel is 183,000 square meters. The opening of the hotel is scheduled for late 2011 - early 2012. It is expected that the management of the hotel will be handed over to the Four Seasons chain. In 2010, a scandal erupted around the hotel, accompanied by lawsuits between State Duma deputy Ashot Yeghiazaryan, who was considered a co-owner of the hotel, and the Moscow government. The case ended with the criminal prosecution of Yeghiazaryan and his flight from Russia, and businessmen Suleiman Kerimov, Arkady Rotenberg and Konstantin Goloshchapov received Moscow.
Mikhail Shishkhanov again headed Binbank
Binbank yesterday officially announced the change of the head of the board of directors and the president. The Board of Directors will be headed by Mikhail Shishkhanov, who will remain the main owner of the bank, but will move away from operational management. Binbank, created by the former owner of RussNeft, Mikhail Gutseriev, is no longer threatened by political risks, and Mr. Gutseriev's nephew can safely remain in the banking business, market participants believe.
Binbank's press service reported yesterday that the bank's board of directors will be headed by its former president, Mikhail Shishkhanov, who is the beneficial owner of 99% of the credit institution's shares. The decision to reshuffle the bank's management was made at the meeting of the Board of Directors on May 6. Sergei Egorov, who previously headed the board of directors of Binbank, was offered the position of First Deputy Mr. Shishkhanov. Operational management will be entrusted to Grigory Guselnikov, whose candidacy for the post of president of the bank is currently being approved by the GTU of the Bank of Russia. Vartan Dilanyan was dismissed from the position of the president of the bank at his own request.
Mikhail Shishkhanov sold Binbank
Senator from the Belgorod region Vadim Moshkovich will become the owner of 99% of the shares of Binbank. This is reported today by the newspaper RBC daily. According to analysts, he could pay about $1 billion for a credit institution.
According to the publication, today Binbank plans to announce the sale by Mikhail Shishkhanov and minority shareholders of 99% of the bank's shares to Vadim Moshkovich. Several sources close to the parties to the deal reported the completion of the negotiations to RBC Daily. Mikhail Shishkhanov and Vadim Moshkovich confirmed the transaction for the sale of the bank's shares. “I am interested in the banking business itself and the prospects for its growth,” said Vadim Moshkovich. Mikhail Shishkhanov (87.07%) and several minority shareholders sold their shares in the bank. The amount of the transaction, its participants do not disclose.
The fact that the co-owner of Rusagro and the development companies Augur Estate and Scale, Vadim Moshkovich, could become the majority shareholder of Binbank, became known last fall. In addition to him, there were other applicants for the banking business of Mikhail Shishkhanov, who is the nephew of Mikhail Gutseriev. The press service of the bank reported that it will be headed by the first vice-president of Binbank Vartan Dilanyan (a former partner of Ernst & Young, came to the bank back in November at the initiative of Vadim Moshkovich).
