News

Center-invest Bank has won two prestigious banking awards: the Citibank STP Award 2012 for the excellent quality of its international payments in US dollars, and a Relationship Award 2012 from Commerzbank for the high quality of its international payments in euros.

In 1H 2013 Center-invest Bank made loans totalling RUB44.2bn to businesses and households in southern Russia. The bank’s loan portfolio increased by 18% and exceeded RUB61bn (calculated under Russian Accounting Standards). This growth can be attributed to the advantageous loan terms offered by Center-invest Bank, and also to its use of new financial products and modern information technologies.

Center-invest Bank was the runner-up in its category in the FT/IFC Sustainable Finance Awards, receiving a special commendation for leadership in Eastern Europe. Center-invest Bank was the only Russian bank to win an award.

At the AGM on 11 June 2013 the shareholders of Center-invest Bank approved the new composition of the Board of Directors, agreed to a dividend payment for 2012, and approved the joint stock company’s annual report and financial statements for 2012.

Center-invest Bank is in 8th place in the ranking “The Leading Banks in Russia’s SME Lending Market in 2012”, compiled by RosBusinessConsulting (www.rbc.ru). In 2012, Center-invest Bank lent SMEs a total of RUB63bn.

On 27 March 2013 Center-invest Bank placed BO-03 and BO-06 series bonds with a total par value of RUB2.5bn on the MICEX. The bonds mature in three years and carry a put option after 1.5 years. Total demand amounted to RUB4.88bn. Upon completion of book building, the annual coupon rate was lowered to 10.25%. The placement organisers were Zenit Bank and Sberbank CIB.

Center-invest Bank ranks 36th in the annual rating of the most reliable banks in Russia published by Forbes business magazine (No. 3 dated 21.03.2013). Classed as “highly reliable”, Center-invest Bank is the only bank in southern Russia to be listed in the top forty most reliable banks.

On 12 March, Center-invest Bank hosted a meeting to review the first year of implementation of the Youth Business Russia programme of the International Business Leaders Forum (IBLF) in the Rostov Region.