Center-invest Bank has attracted a syndicated loan amounting to RUR 1,5 billion for the term of 12 months.
International Moscow Bank acted as an organizer of the syndication.
An agreement on granting of this syndicated loan was signed by 13 banks of Russian Federation and Kazakhstan: OJSC “Vnesheconombank”, OJSC “Russian Bank for Development”, OJSC “The Bank of Khanty-Mansiysk”, VTB Bank AG (Austria), CJSC “Denizbank Moscow”, OJSC “Bank Zenith”, JSC “Kazcommerzbank”, OJSC Bank “Northern treasury”, CJSC “Standard Bank”, JSC “Bank TuranAlem”, CJSCB “Yapi Credi Bank Moscow”.
This syndicated loan has already become the third one attracted by Center-invest Bank. In November 2005 the Bank attracted RUR 1 billion in the Russian market and in July 2006 – USD 45 million in international financial market.
Attracted funds will allow Center-invest Bank to increase volumes of lending to enterprises and individuals of the South of Russia which will result in speeding up of regional economy industrialization.
Center-invest Bank has already attracted over 200 million Euro, these funds are channeled to financing investment projects, mortgage lending, small business development, agroindustrial complex, municipal economy and implementation of energy-saving technologies.
About the Bank
Center-invest Bank (www.centrinvest.ru) is one of the largest banks of the South of Russia. Bank’s branch network includes 48 branches and subbranches in Rostov and Volgograd regions, Stavropol and Krasnodar Territories.
The key shareholders of the Bank are European Bank for Reconstruction and Development (EBRD), German Investment and Development Company (DEG), Raiffeisenlandesbank Oberösterreich, professor Vasily V. Vysokov, doctor in economics, and associate professor Tatiana N. Vysokova, candidate of science in economics.
Center-invest Bank strategy includes: providing a maximum wide range of services for enterprises, organizations and individuals of the South of Russia in compliance with international standards requirements on the basis of modern banking technologies.
Center-invest Bank is the only Bank of Rostov region that enters the TOP-100 of the largest banks of Russia (rating of RBC.ru).
Center-invest Bank became the first bank in the South of Russia to receive international credit rating B1 of Moody's Investor's Service agency for long-term deposits in foreign currency. In accordance with national scale Moody's Interfax Rating Agency gave long-term credit rating A2.ru to the Bank.
The partners of the Bank are International Finance Corporation (IFC), KfW, United States Agency for International Development (USAID) as well as leading world banks and financial institutions.