Москва, ул. Пятницкая, д. 31/2, строение 1 тел.: (095)956-8626,...

Москва, ул. Пятницкая, д. 31/2, строение 1тел.: (095)956-8626, 959-0280факс: (095)959-0285e-mail: [email protected]

© 2003 ЗАО АКБ "ЦентроКредит"



“CentroCredit” Joint Stock Commercial Bank was established in 1989.

“CentroCredit” Bank has been providing bank operations since 1991 in

accordance with the General license № 121 issued by the Central Bank

of Russia.

Currently “CentroCredit” Bank is actively developing as a universal

investment-oriented bank. The Bank’s activity is focused on the

expansion of services spectrum and on the creation of a modern

infrastructure which is indispensable for successful business.

“CentroCredit” Bank has been releasing its’ balance according to the

Russian and International standards since 1999. The auditor of the

Bank is the KPMG company - member of the «big five» world’s biggest

and most authoritative audit companies.

ABOUT THE BANK



ASSETSEUR'000

24,786

77,841

282,667

417,119

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

1999 2000 2001 2002

INTERBANK CREDITSEUR'000

4,319

25,646

132,585

214,817

0

50,000

100,000

150,000

200,000

250,000

1999 2000 2001 2002

PERFOMANCE OF THE BANK



RETURN ON DEPOSITS AND BILLS

EUR'000

3,890

20,010

59,920

101,808

0

20,000

40,000

60,000

80,000

100,000

120,000

1999 2000 2001 2002

SHAREHOLDERS PROFIT

EUR'000

16,117

24,302

81,623

92,049

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

100,000

1999 2000 2001 2002



NET PROFITEUR'000

2,182

8,775

39,781 38,885

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

45,000

1999 2000 2001 2002



PERFOMANCE OF THE BANK ON 01.06.2003

compared with 2002

compared with 2002

compared with 2002

40%

+55%

+29%

15,533

620,961

3,169

NET PROFIT (EUR'000)

ASSETS (EUR'000)

NUMBER OF CLIENTS

127.91

0.1

0.38

NET PROFIT/NUMBER OF EMPLOYEES

NET PROFIT/ASSETS

NET PROFIT/SHAREHOLDERS PROFIT

PERFOMANCE OF THE BANK ON 01.01.2003

BANK’S INTERMEDIATE-TERM STRATEGY

Moderate increase of credit portfolio, formation of securities

portfolio, expansion of provided services spectrum.

The main aim of the “CentroCredit” Bank in the international

business area is the implementation of the Bank’s strategy,

development of sound relationships with foreign creditors and

potential investors, international financial organizations, regulating

and supervising bodies of foreign countries’ financial markets.

The main goal of the Bank in this area is the increase of income as a

result of the relationships’ improvement with Western creditors and

investors, expansion of operations with non-residents, attraction of

funding from foreign partners and from the debt capital market.



The countries of the Visegrad Group play a specific role in Russia’s

trade and economic relations with foreign states. It is connected with

historical, economic and cultural factors such as:

- neighboring geographic location;

- tight cooperation with the Soviet Union’s enterprises and

organizations in the second half of the XXth century;

- large number of Eastern European specialists graduated from Soviet

high schools and universities;

- introduction of the Soviet-oriented economic models after the

Second World War.



“CentroCredit” Bank’s position in trade and economic relations with Visegrad Group countries

The decline in the trade volume in 1990s was mainly caused by the

intensive penetration on the Russian market of rival companies from

the Western Europe and South-Eastern Asia and by the structural

reforms in the countries-members of the Visegrad Group.

Still, there is a considerable number of labels from the countries of

the Visegrad Group which are already well known in Russia as well as

the newly developed goods, services and technologies with a huge

potential on the Russian market.



“CentroCredit” Bank is considering its’ activity in Central and Eastern

European countries as one of the Bank’s priorities in the International

business field and currently is making certain steps on the way of

establishing, improvement and further development of trade and

economic relations with banks, companies and enterprises from

Hungary, Poland, Czech Republic, Slovakia and other countries of the

region.

The encouraging steps on establishing tight relationships with the

Hungarian banks started at the end of 2002 successfully resulted in

setting guarantee limits for the “CentroCredit” Bank in the Export-

Import Bank of Hungary. These limits allow Russian importers to

increase the bulk and the range of the purchased goods.



“CentroCredit” Bank successfully launched relations with the Polish

counter partners.

The Bank is the Banking section member of the Russian–Polish Inter-

Governmental Commission on trade and economic relations. In

December 2003 the Bank’s representatives established connections

with the employees of the Polish Ministry of Finance, of the Export

Credit Insurance Corporation, of the Union of Polish Banks and of a

number of Polish commercial banks.

Further negotiations with Polish colleagues will be continued.



The next goal of the Bank’s International Business Department is

establishing relations and conducting negotiations with colleagues

form Czech Republic and Slovakia.

By improving relationships with colleagues from Central and Eastern

Europe “CentroCredit” Bank is planning to reorient a considerable

number of its’ clients towards increasing the bulk of purchases from

the states of the region and especially from the countries-members

of the Visegrad Group.



Москва, ул. Пятницкая, д. 31/2, строение 1 тел.: (095)956-8626,...

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