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MDM Bank, B&N Bank to complete merger by 2017

October 10, 2016 Prime

The shareholders of Russia’s B&N Bank and MDM Bank have approved a scheme of legal merger and plan to complete the merger process by the end of the year, B&N Bank said Friday.

Under the plan, B&N Bank will be merged into MDM Bank and the united bank will continue operating under the brand of B&N Bank.

Company — BINBank (doesn't exist)