News

On 16 December, Center-invest Bank held the 8th annual award ceremony for the winners of the scholarship competition run by the bank and the Endowment Fund for Education and Science in the Southern Federal District. The 250 top students from southern Russia’s leading higher education institutions were each awarded a scholarship of RUR20,000.

Chairman of the Board of Directors of Center-invest Bank, Dr. Vasily Vysokov, addressed the plenary session of the VII All-Russia Forum for Managers in the Housing and Communal Services Sector, held in Moscow on 12-13 December. Presenting a paper entitled «Financial Engineering to Modernize the Housing and Communal Services Sector», Dr. Vysokov spoke about the bank’s experience of lending to finance projects in this sphere.

Center-invest Bank has launched a new loan product for female managers and business owners, as well as companies providing services and selling goods for women. The new loan offering is available until 8 March 2012 (International Women’s Day).

Center-invest Bank is Russia’s first regional bank to accede to the Rules of Federal Mandated Organisation OJSC UEC (United Payment Service System “Universal Payment Card”). Center-invest Bank will participate as an issuer and acquirer bank for the universal e-cards.

At the end of November, President and Chairman of the Board of Directors of Center-invest Bank, Dr. Vasily Vysokov, addressed the 18th Annual International Russian Banking Forum, held by the Adam Smith Institute in London. Dr. Vysokov spoke about the implementation by Center-invest Bank and its customers of a sustainable development model.

Based on its 1H 2011 results, Center-Invest Bank, southern Russia’s leading regional bank, ranks 49th by liquid assets and 72nd by net assets in the ranking of Russia’s leading banks published by RosBusinessConsulting (www.rbc.ru). The bank’s assets have increased by 20%.