News

Center-invest Bank presented a new investment service for the population of the South of Russia – asset management fund “Center-invest II” (registered by the Bank of Russia on July 26, 2006).

Bank Center-Invest (Rostov-on-Don, Russia), the largest regional bank in Southern Russia, today closed a USD 45 million syndicated loan. The loan was significantly oversubscribed and increased from USD 30 million up to USD 45 million to meet demand.

Center-invest Bank continues granting presents to its depositors. On July 13 traditional drawing of prizes took place. Lucky owners of “Elite” deposit were granted three personal computers.

On July 12 the Chairman of the Board of Directors of Center-invest Bank professor Vasily V. Vysokov, doctor in economics, gave a lecture named “Traditions and prospects of regional planning” to the members of Rostov region Administration. A formal reason for the lecture was a peculiar anniversary of the lecturer: 30 years ago sharp a graduate from Rostov Institute of National Economy started cooperating with regional Administration. However, the lecture was not devoted to memoirs, but to relevant problems of territorial planning improvement under new conditions.

Economic weekly edition “Kommersant-Money” (№21 of 29.05 – 04.04.06) has published rating “TOP-100 of the largest Russian banks by the amount of net assets”. Center-invest Bank took the 77th position of this rating. According to the information of “Komersant-Money” journal, net assets of Center-invest Bank exceeded RUR 14,5 billion as of 01.04.06.

On June 15 the Chairman of the Board of Directors of OJSC Center-invest Bank, professor Vasily V. Vysokov, doctor in economics, made a speech “New opportunities for the development of business in the South of Russia” for the members of the Union of German economy in Russia within the framework of informational presentation “Investment potential of the South of Russia. Southern Federal District presentation.”

On June 8 the meeting of the Board of Directors of the largest enterprises of the Kirovsky district of Rostov-on-Don took place in Center-invest Bank. The Chairmn of the Board of Directors of Center-invest Bank professor Vasily V. Vysokov, doctor in economics, presented the program “Stimulation of investments into energy-saving technologies” specifically for the directors of the city enterprises.

On June 3 in Moscow a meeting was held between Russian banks, which are the partners of German Bank for Development KfW, with the Chairman of the Executive Board of KfW Mr. Hans Reich, member of the Board of KfW banking group Ingrid Matthäus-Maier (on October 1 of 2006 Mrs. Matthäus-Maier will take the chair of the Executive Board of Kfw banking group) as well as with the journalists representing leading mass media of Germany: Handelsblatt, Frankfurter Allgemeine Zeitung, Financial Times Deutschland, die Zeit, WirschaftsWoche, Frankfurter Rundschau, Business Report, Süddeutsche Zeitung, Der Tagesspiegel, Börsen–Zeitung. A