News

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.

The Austrian-Russian Friendship Society held its jour fixe in the Palais Kaiserhaus in the Austrian capital. Chairman of the Board of Directors of Center-invest Bank, Dr Vasily Vysokov, was an honoured guest. He delivered a presentation entitled “Austria and Southern Russia: Banks and Business in the New Environment”.

Center-invest Bank ranks among the TOP 50 banking brands in Russia. The rating was produced by Brand Finance together with BrandLab and Banki.ru, and it is the first of its kind for the Russian market.

The Board of Directors of Center-invest Bank has recommended that its shareholders agree at the AGM on 3 June 2014 to pay RUB274m in dividends for 2013, equivalent to 20% of the bank’s annual profits. This is 20% on preference shares and 33% on ordinary shares.

Center-invest Bank co-organised Russia’s first “Start-Up Week” for new entrepreneurs. The bank held a number of events to develop financial literacy and entrepreneurial potential in southern Russia.

Rostov State Economics University has published a new book by the chairman of Center-invest Bank’s Board of Directors, Dr Vasily Vysokov, entitled “Information and Communications Technology in Southern Russia”.