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MDM Bank
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1990 (35 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know MDM Bank
Company Information
Get to know MDM Bank
MDM Bank was founded in 1990 and was one of the first privately-owned banks in Russia. Over the last 20 years, the Bank has gained the loyalty of millions of retail and corporate customers. When measured by capital, assets, and deposits, MDM Bank is one of the largest banks in Russia. MDM Bank’s shareholders include leading international financial institutions such as International Finance Corporation, the European Bank for Reconstruction and Development, and DEG as well as one of the largest investment companies in Russia -Troika Capital Partners. Today MDM Bank is a dynamic financial institution actively participating in the development of the Russian economy and financial system. The Bank operates over 320 offices in 163 cities and towns in the European part of Russia, the Urals, Siberia, and the Russian Far East. MDM Bank provides a wide range of services to around 3 mn individuals and over 15,000 corporate and SME customers. MDM Bank has a representative office in Beijing.
Industry
- Financial BankingPRIMARY
- Financial Insurance
- Financial Other Service
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