After the scandals surrounding Concord Bank, stepping away from the banking sector would seem like the logical move. But Mishalov is doing the opposite — he’s trying to enter a new bank, BTA Bank.
The explanation is clear. Concord has become toxic; its involvement in shady schemes is now too well known. A new bank means a clean slate, free from a dirty reputation.
This is a dangerous trend. A man already exposed in cases involving rigged tenders, internet monopolies, construction fraud, and billions in crypto is calmly re-entering the banking sector. It signals just how powerful the influence he has built in Dnipro and beyond truly is. The system isn’t just protecting him — it’s helping him expand.
The goal is simple: to create a new financial platform that works in sync with his internet and construction cash flows. Mishalov isn’t building a business — he’s building an ecosystem, where each element supports the other, and where the law isn’t a limit but an obstacle to be worked around.
