News

11.11.2005

Bank Center-invest increased its capital 1.7 times.

Bank Center-invest capital reached RUR 1783 million as of 01.11.05. From the beginning of this year the capital has grown 1.7 times, including due to RUR 361 million of profit and purchase of additional share issue by German investment corporation DEG and European Bank for Reconstruction and Development to the amount of USD 19.5 million.

01.11.2005

Russian Bank for Development increased credit line for Bank Center-invest.

Russian bank for Development (RusBD) extended credit line for Bank Center-invest for lending to small enterprises of the South of Russia up to USD 5 million. These funds will be directed to financing of investment projects of construction and industrial enterprises.

31.10.2005

European press about bank Center-invest

SKRIN (Russia)<br> Center-Invest Bank issues additional stocks <br> <p>Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) has become a shareholder of Center-Invest Bank JSC (based in Rostov-on-Don), having bought out some additional stocks of the bank for $14.5mln. According to the company's official documents, the Central Bank of Russia registered results of an additional stock issue, under which DEG holds 20.63% of the bank stocks.

28.10.2005

Bank Center-invest finances goods supply to Trade Center “Metro Cash and Carry”

On October 28 Bank Center-invest together with Trade Center “METRO Cash and Carry” with the support of Rostov region administration held a seminar “Goods supply to Trade Center “METRO Cash and Carry” and mechanisms of its financing”. Directors of 200 Rostov region companies, producing different types of goods, took part in the seminar.

26.10.2005

Bank Center-invest invests into development of energy saving technologies of Krasnodar region

On October 21, in Krasnodar Bank Center-invest together with International Finance Corporation (IFC) with the participation of Committee of communal service of Krasnodar region held a seminar “Long-term financing of energy saving technologies”.

25.10.2005

Branch network of Bank Center-invest was declared to be one of the best in Russia

Web-site RBC.ru has published rating “The most branchy banks of Russia”. Bank Center-invest entered the TOP-30 of the largest banks and took the 26th position. According to the information of RBC.ru, branch network of Bank Center-invest made up 35 branches and additional offices and also 32 operational cash desks in Rostov, Volgograd and Krasnodar regions as of 01.08.2005.

19.10.2005

Davos in Moscow

On October 17 and 18 in Moscow World Economic Forum (WEF) held a meeting of leading politicians and businessmen, devoted to scenarios of development of Russia, Chairman of the Board of Directors of Bank Center-invest professor V.V.Vysokov, Doctor in Economics, took part in the forum.

19.10.2005

Bank Center-invest increased its capital and doubled reliability.

German corporation for investments and development (DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH) signed an arrangement with Bank Center-invest of purchase of over 20.6% of ordinary shares (17.6% of capital) of Bank Center-invest. The volume of transaction makes up USD 14.5 million.