Volgoprombank


Volgoprombank was a Russian private bank, based in Volgograd in the Volga region.
In November 2007, the bank principal shareholder, Russian MP and businessman Oleg Mikheyev, sold its stake to Promsvyazbank's main shareholders, brothers Alexey and Dmitry Ananyev
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.