Platinum Bank's New Shareholders Became Group of Financial Investors
On the 18th of November, 2013 was closed the deal on the acquisition of 100% of shares of Platinum Bank, formerly belonging to a group of investment funds (Horizon Capital, East Capital, IFC, FPP Asset Management), management and other minority shareholders. New shareholders of Platinum Bank became a group of financial investors, which includes the private equity fund - European Infrastructure Investment Company (“ЕIIC”, Luxembourg).
Greg Krasnov, CEO of Platinum Bank: “Our bank’s shareholders have always been investment funds. We are pleased that this tradition continues. Our new shareholders are interested in the dynamic development of the bank, implementation of innovations and achievement of ambitious new goals. They fully support our 5-year strategic development plan, which includes the transition from product-focused to customer-focused bank. We will introduce new products that were not previously available to the mass segment of customers, offer package services, develop the agency channel and other alternative distribution channels.”
More detailed in the press-release.