OREANDA-NEWS. April 16, 2008. As a result of the competitive tender, the Managing Company (MC) of the Bank of Moscow has been mentioned as a prize-winner in the nominations “Managing Company of Russia”, “Mass Investor’s Company” and “Share Funds Company”.

Elena Kassianova, Director General of MC of the Bank of Moscow, was handed the competition winner’s awards - diplomas and a statue of a Roman Legionary to symbolize power, professionalism and ability to win and place him on record in history owning to management skill. The awards were handed out at the Competition Winner and Prize Winner Awarding Ceremony, which took place on April 10, 2008 in the A.S. Pushkin State Museum.

“In was important for MC of the Bank of Moscow to win in this nomination titled "the Company as Innovator of collective investments”, Elena Kassianova said at the awarding ceremony. “We are happy that the organizers have marked this significant feature of our management company. Innovations are a crucial part of the development strategy of our country. Earlier, that was mentioned at the economical forum in Krasnoyarsk by D.A.Medvedev, the President-elect of Russia. He stated that for the next four years Russia should focus on four specific “Is”: Institutes, Infrastructure, Innovations and Investments. MC of the Bank of Moscow pays great attention to implementation of new products, services and technologies to develop the Russian market of collective investments and to provide more and more investment possibilities for Russian people”.

MC of the Bank of Moscow is one of the leaders on the market of collective investments in Russia. MC of the Bank of Moscow manages one interval and thirteen open share investment funds and also assets of the private pension funds. The total volume of net assets of the share investment funds managed by MC of the Bank of Moscow reached 11.22 bln. rubles as of December 29, 2007. 100% of shares of MC of the Bank of Moscow are owned to the Bank of Moscow. The National Rating Agency attested the Bank of Moscow with individual rating “AAA” that means the maximum reliability.

The licenses provided by the Financial Service for the Financial Markets of Russia: № 21-000-1-00014 dated February 04, 1997 and № 077-08114-001000 dated November 16, 2007.