Bank Evropeiskij, a Russian credit institution operating in the Kaliningrad region, has received an undisclosed investment from the CapMan Russia fund.
The aim of the investment is to help the bank strengthen its position on the local market.
Founded in 1991, Bank Evropeiskij provides corporate and retail banking services in the Kaliningrad region, the Russian enclave located on the Baltic between Poland and Lithuania.
The bank currently employs 226 people.
Following the transaction, the CapMan Russia fund owns approximately 20% in the company. CapMan Plc, one of the leading alternative asset managers in the Nordic countries and Russia, is a major investor in the CapMan Russia fund.