News

On 18 December 2018 Center-invest Bank and the Endowment Fund for Education and Science in the Southern Federal District awarded scholarships to the best 400 students from 17 of the region’s higher education institutions. Each student received a RUB20,000 scholarship and a certificate entitling them to a preferential rate on business start-up loans (8% per annum).

This year, 1,100 students entered the competition. From among these dedicated, intelligent and talented young people, the jury selected the top 400.

On 6 December 2018, at the XVI Russian Bond Congress in St Petersburg, Center-invest Bank received an award for successfully initiating a green loans market in Russia and making a substantial contribution to its subsequent development. The award was presented by the National Association of Concessionaires and Long-Term Investors in Infrastructure (NADKI) and the CBonds group.

A Big Data Analysis Festival was held at Rostov State Economics University on 4 — 5 December 2018 as part of the II Open Russian Statistics Congress. Public lectures and masterclasses, an analytics competition, and a big data hackathon attracted over 500 students and young scientists from Russia and abroad.

A new group of residents began working with Center-invest Bank’s business accelerator on 21 November 2018. The 50 participants will spend a month attending seminars and masterclasses designed to help them increase their profitability and enter international markets.

19 November 2018 — The Black Sea Trade and Development Bank (BSTDB) and Center-invest Bank (CIB) (Rostov on Don, Russia) are strengthening cooperation to increase access to local currency financing for small and medium-sized enterprises (SMEs) in Russia. BSTDB extends its second RUR 1 billion loan to be used by CIB to support the SME sector development in Southern Russia. The proceeds of the loan will be used to finance expansion and modernization of the production capacity and purchase of new agricultural machinery of CIB’s corporate clients.

On 8 November 2018 Center-invest Bank opened a Financial Literacy Centre in the city of Volgodonsk. This is a joint socio-educational project in partnership with a local school, Lycée No. 24. As well as studying traditional core subjects, schoolchildren from Volgodonsk can now acquire basic financial literacy skills.

On 18 October 2018, at the FINOPOLIS forum in Sochi, twenty of Russia’s leading financial institutions and banks signed a memorandum of cooperation with the Moscow Exchange to jointly develop the Marketplace project. Center-invest Bank was among the signatories.

Center-invest Bank’s Board of Directors has approved the bank’s Strategy for 2019-2021 "ESG Digitalization of Center-invest Bank’s Ecosystem".