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Deal. Center-invest has another shareholder Another Austrian Bank
The Austrian Erste Bank has signed the agreement to purchase 9,8% of the shares of the Rostov Center-invest Bank and will introduce its representative to the Board of Directors, as Erste Bank informed. Dmitry Gorchakov, the head of the Public Relations department of Center-invest Bank, proved the fact that the agreement had been signed but refused to give any other comments till the end of the deal.
Center-invest pleases the farmers
Center-invest has obtained RUB600m from the European Bank of Reconstruction and Development for the support of the agriculture, as Alan Pillow, EBRD Business Group Director for Russia, reported. The credit line is launched with the maturity of five years, it was stated by Dmitry Gorchakov, the chief of the PR service. The parties do not disclose the terms of loan.
Southern Russia: New Area of Growth for the Russian Economy
Russia is one of the four rapidly growing BRIC economies. Some parts of the country are developing particularly quickly, including the Southern Federal District, which covers the area of 591 thousand km
and has the population of 23 million people.
Summarised International Financial Reporting Standards Consolidated Financial Statements
Independent auditor's report
Sustainability in the South of Russia
Banking crisis is not a crisis of subprime. Not a crisis of liquidity. Crisis in banking sphere is always associated with a crisis of confidence.
INVESTMENT APPEAL OF THE SOUTH OF RUSSIA
Basing on the analysis of strategic indicators of the South Federal District this scientific practical handbook discloses main tendencies of socio-economic development and evaluates investment attractiveness of commodity and service markets of the SFD, describes line of activities to liven up investing in the region basing on experience of cooperation of JSC Center-Invest Bank with international financial organizations.
The book is aimed at public authority leaders, entrepreneurs, economists, professors and students.
REGIONAL BANKS ARE EFFECTIVELY MANAGING REGIONAL RISKS AND BECOMING RELIABLE PARTNERS FOR INVESTORS
Center-Invest is the largest private bank headquartered in the Rostov region, an important economic centre in southern Russia. Here the bank's Chairman, Professor Vassily Vysokov, explains why the most interesting banking activity is taking place in Russia's regions
"South of Russia plus": the new strategy of Bank Center-Invest
Dr Vasily Voskov talks about the advantages of the Southern Federal District of Russia, and, based on the Bank's Center-Invest own experience, introduces the opportunities for potential investors
Center-Invest in Rostow am Don ist die größte Regionalbank Südrusslands. An der Bank sind unter anderem die European Bank für Reconstruction and Development und die Deutsche Entwicklungsgesellschaft aus der KfW-Bankengruppe beteiligt.
Center-Invest fördert kleine und mittlere Unternehmen mit Beratung, Krediten und Leasingfinanzierungen. Redakteurin Diana Püplichhuysen sprach mit dem Direktor der Bank, Wassilij Wysokow sowie dem ehemaligen Bundesbankpräsidenten Ernst
Welteke, der heute Mitglied des Verwaltungsrats von Center-Invest ist.
Center-invest Bank: An umbrella for SMEs in the South of Russia
EBRD - new shareholder of Center-invest In June 2004 European Bank for Reconstruction and Development extended its partnership with Center-invest by acquiring 25% of the voting shares for $8.15 million and approving a 5 year $5 million loan targeted to SMEs. That moving reinforces cooperation between the two institutions initiated in 2002 when EBRD launched its TFP program and granted a $5 million loan, which was extended to $8 million in 2003.