foir print

14.02.2008

Center-invest Bank has extended its syndicated loan arranged by EBRD

In February 2008 Center-invest Bank has successfully extended for another 18 months its syndicated loan which was originally arranged by EBRD in July 2006. In the extension a few new lenders have also participated on the original terms. The total amount of the extended syndicated loan facility is USD 45 Million.

The original terms of the loan stipulated A tranche for 3 years and B tranche for 18 months plus 18 months upon the consent of the lenders. The extension agreement was signed by 11 banks from Europe, Asia and USA. Thus, the whole amount of the loan was fully extended.

In 2006 Center-invest Bank was the first bank in the South of Russia to enter international capital markets. The attracted funds allowed the Bank to increase lending to the corporates and population of the Southern district and to accelerate the industrialisation of this region.

Bank Center-invest

Your strong partner in the South of Russia

Shareholders:

EBRD – 27,5%

DEG – 22,5%

Firebird Investment Fund – 9,9%

Renaissance Capital – 8,2%

Raiffeisenlandesbank Oberösterreich – 3,6%

Bank management and employees – 21%

Other shareholders – 7,3%

Main financial indicators

11 years PricewaterhouseCoopers has been auditing the Bank in accordance with IFRS.

Bln. Rub.

01.01.05

01.01.06

01.01.07

01.01.08

01.01.11 plan

Capital

1,2

2,2

4,2

5,0

8,8

Assets

8,5

13,6

23,8

38,5

89,6

Loans

5,3

8,1

15,8

29,1

62,2

Deposits

4,9

7,7

12,4

22,7

44,7

Profit

0,1

0,3

0,5

0,7

1,9

RATINS

Agency   

Credit rating

Rating

Moody’s Investor’s Service

international

В1 «positive outlook»

Moody’s Interfax Rating Agency

national 

А1.ru

RusRating

national

BB+