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Bank Center-invest will increase its leasing portfolio by USD 10 million.

Bank Center-invest and Raiffeisen Landesbank (Austria) have signed a protocol of intention of cooperation in the sphere of leasing business. In the frames of the agreement it is planned to invest into Bank Center-invest capital up to USD 2.5 million for the development of leasing in the South of Russia.

As of September 1, 2005 consolidated leasing portfolio of bank Center-invest exceeded RUR 635 million. As a result of cooperation between Don and Austrian banks, leasing portfolio of Bank Center-invest will increase by USD 10 million, and modern equipment will be supplied from Austria and Germany to the South of Russia.

Bank Center-invest was not only recognized by international financial organizations, which already opened credit and guarantee lines for Bank Center-invest to the amount of over USD 115 million, but it also became a partner of one of the largest commercial banks of Western Europe.