News

On June 29, 2012 Center-invest Bank fulfilled its obligation to redeem series 2 bonds at the request of owners. Investors have kept bank bonds worth over 1.1 billion rubles in their portfolios.

On June 15th Center-invest Bank hosted a round table discussion, regarding the sustainable banking business model, which was attended by shareholders, partners, bank employees and representatives of academic circles and businesses.

Following a study conducted in May, Center-invest Bank, based in southern Russia, tops the list of banks in the Index of Lending Conducive to SME Development in Russia.

Center-Invest Bank is rated 39th place according to the RBC bank among the affiliated banks in Russia at the end of May 2012. Center-Invest’s branch network is comprised of 140 offices in the south of Russia, including customer service offices in Moscow.

Center-invest Bank is in fifth place in the ranking “The Best Banks in the SME Lending Market in Russia in 2011”, compiled by RosBusinessConsulting (www.rbc.ru). As reported on the RBC website, in 2011, Center-invest Bank provided RUB62.6bn in SME loans, an increase of 32.2% on 2010.

The winners of the Sustainable Entrepreneurship Award 2011 (SEA) were announced in Vienna. Center-invest Bank was the only Russian company to make it to the final of this international competition. This achievement is attributable to the bank’s strategies for sustainable business development, incorporating social responsibility. Every year, Center-invest Bank runs more than ten social and educational projects.

PricewaterhouseCoopers Audit has submitted its independent auditor’s report of Center-invest Bank’s operations for the year 2011. This will be the sixteenth year that the bank presents its results to its shareholders and partners using International Financial Reporting Standards (IFRS). PWC has verified the high quality of our accounting practices in 2011.