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Beginning of cooperation
Technically, our cooperation with the bank began in 2002, after the de Picciotto family's UBP bank acquired another private Swiss bank – the Recanati family's DBTC (Discount Bank and Trust Company), which already had been in the Russian market for more than five years.
Since the new shareholder stepped in, the bank’s policy has changed and the minimum balance has increased, though remained comparable with other Swiss financial institutions.
The bank still has a department working with Russian-speaking clients
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