This article is missing information about History since 1990,notable activities and accomplishments (if any) since 2009. Please expand the article to include this information. Further details may exist on the talk page.(June 2023)
Volgoprombank was a Russian private bank, based in Volgograd in the Volga region.
In November 2007, the bank principal shareholder (95%), Russian MP and businessman Oleg Mikheyev, sold its stake to Promsvyazbank's main shareholders, brothers Alexey and Dmitry Ananyev[1]
In May 2009, Mikheyev has sued prominent business daily Kommersant for $217 million claiming that one of the newspaper's article had spoiled the bank reputation at the time he sold the bank and forced him to sell his shares at a disadvantageous price.[2]