News

More than 300 new entrepreneurs in southern Russia have set up businesses together with Center-invest Bank. The bank has provided start-ups with more than RUB350m in finance.

Data for Center-invest Bank’s 3^rd quarter shows that it achieved balanced growth for all of its indicators and continued to promote the sustainable development of southern Russia.

In the first nine months of 2014:

More than 7,000 delegates from around the world took part in this year’s Sibos forum, which was held from 29 September to 2 October in Boston. The event, organised by the SWIFT international payment system¹, includes the world’s largest exhibition of banking technologies.

Under an agreement signed on 1 October 2014, the International Investment Bank is to provide Center-invest Bank with a three-year EUR15m loan. The loan will be used to provide SMEs with finance for innovation, modernisation and energy efficiency projects.

On 18 September Moody′s affirmed Center-invest Bank’s Ba3 deposit and senior debt ratings, outlook stable. Center-invest Bank is the only bank in southern Russia to have had an international rating for over eight years.

On 26 September, under a put option, Center-invest Bank bought back BO-03 and BO-06 series bonds with a par value of RUB1.3bn. With additional demand, 48% of the issue, RUB1.2bn worth of bonds, continued to be traded.

The European Bank for Reconstruction and Development (EBRD) has provided Center-invest Bank with a credit line to finance micro, small and medium-sized enterprises in southern Russia.
On 4 June 2014 the EBRD provided Center-invest Bank with a RUB800m credit line to finance micro, small and medium-sized enterprises in southern Russia.

At the AGM on 3 June 2014, the shareholders of Center-invest Bank, one of the TOP 50 largest banks in Russia, agreed on a dividend payout for 2013. They also approved the joint stock company’s financial statements and annual report for 2013.