OREANDA-NEWS. September 4, 2007. The Private Banking Department of the Bank of Moscow has arranged a meeting for its current and potential VIP-clients in Saint-Petersburg. At this event, prosperous customers of the Bank had an opportunity to learn which options and services are available with the Bank’s Private Banking and then intercommunicate in informal situation of Canvas restaurant at the daintily served tables in the Renaissance Baltic Hotel.

The event was opened by its host Pavel Lavrov, Director of Saint-Petersburg branch of the Bank of Moscow. He welcomed the clients and guests and told of the branch’s news.

Dmitri Breitenbicher, the Managing Director of Private Banking addressed the audience with a report on Private Banking products and services. According to the definition he proposed, specific nature of Private Banking is in exclusivity of this bank service provided to VIP-clients and their family members on a trust base. Private Banking secures full confidentiality, high level of service, accessibility of all bank’s advantages, wide range of consulting services.

Private Banking will assign a “personal banker” for each client, that is a personal manager, trustee and adviser whose mission is to protect the client’s interests all the way including, where necessary, through engagement of the best experts from the Bank’s specialized units (legal, tax, currency etc).

Dmitri Breitenbicher informed the audience of the Bank’s plans to introduce new financial products enlarging the clients’ choice with regard to diversification of assets, and make trans-border service, new insurance products and lifestyle management available for the customers in the near future. Dmitri has emphasized that Private Banking is based on two key elements: the Relationship Management being a feedback-based system of relations with client to be built through a personal manager, and the Asset Management, or management of client’s property taking into account the client’s individual requirements.

“Our objective is not just to provide high quality service, but to secure investment efficiency of funds management. We will build an investment strategy for each client and configure your portfolio considering your preferences as well as our own analytic studies and expectations. The current market provides numerous instruments for investment. In the last year, the stock market of Russia has grown up more than by 60%, in the one before last — by 80%. From this point of time, the tendency may somewhat slow down, however the Russian market potential will still remain very high", Dmitri Breitenbiche said.

Kirill Tremasov, Director of Analytics, and Elena Kasianova, Director of Asset Management came to Saint-Petersburg to represent the Bank of Moscow in covering the investment opportunities available with the Bank. As investments in high return bank products are a topic of the day, Kirill Tremasov has described the current situation of stock market and its latest developments. According to the analyst, the following sectors should be of prior importance for investors: energy, ferrous and non-ferrous metals as well as shares in companies being of strategic interest for the government.

The event was finished by appearance of “Garage No. 1”, a partner of Private Banking providing exclusive transportation services. Representatives of the “Garage No. 1” introduced the audience in their services and conducted a lottery among the Bank’s VIP-clients.