National Bank congratulates journalists on their professional holiday

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Michael Nadel is a Russian businessman, who acquired in 1998 along with other investors 100% of shares of “AUB” (at that time a subsidiary of the “International Business Bank” registered on the island of Samoa). From 1998 to 2010, Mr. Nadel was the chairman of the Board of Directors of the bank. In 2010, after the investigation of the activity of “AUB” Mr. Nadel was sentenced by the Kyrgyz court on fraud and money laundering and sentenced to 16 years imprisonment in absentia.

IthacaHoldingInc is a company established in 2011 in California, USA, and has a registered office in the State of New York, USA. According to official figures, the company’s shareholders are US citizens Andrew Mirer (a former spouse of Ms. Alexandra Catherine, the former member of the Board of Directors of OJSC “AUB”), Evgeny Pashkevich, Natalia Odvak, Maya Slutsky, Konstantin Goltsev and Leonid Zharkovsky.

Due to the numerous inquiries of citizens to the National Bank on issues related to release of a new 100 -dollar bill by the U.S. Federal Reserve, the National Bank presents the following information:

On October 8, 2013, the USA Federal Reserve System (FRS) put into circulation the new 100 dollar bill with a new design of 2009 series. This bill is the last that represents a series that begun by the FRS in 2004 with a 20-dollar bill. Until the present time denominations of 50, 20, 10, and 5 US Dollars have been produced.

According to the FRS, the old-style bills remain legal tender and there is no need to exchange old notes for new ones, as all American banknotes are legal tender, regardless of model year.

The color of a new banknote is predominantly blue-gray. This bill contains a number of advanced security features, which make it difficult to counterfeit and will allow consumers to easily identify the authenticity of banknotes:

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