OREANDA-NEWS. December 12, 2008. From the 2nd half of November 2008 number of corporate and private customers in Rosevrobank started to grow. Currently there are more than 100 new corporate customers joining our Bank every week. Customer service officers (90 officers) arrange up to 150 meetings with potential customers a day and we expect to have 13,000 corporate customers by the end of 2008, reported the press-centre of Roseurobank.

Rosevrobank currently serves its customers in 12 Moscow offices, 6 regional branches, 3 operational offices and 23 credit offices (totally 44 outlets).

As you know the Central Bank of the Russian Federation established limit in the amount RUB 7.2 billion for Roseurobank for unsecured lending however we used that limit only once and currently we do not have any debt before the Central Bank. Liquidity of the Bank (cash + balances at correspondent accounts + placements with the biggest Russian banks) is about RUB 10-11 bn.

We plan to produce IFRS financial statements as of 01 December 2008, these figures will be distributed soon.