Bank Vozrozhdenie was recognized as Financial Pearl of Russia

17 December 2010

Bank Vozrozhdenie became the winner on the Third Annual Public Award “Financial Pearl of Russia — 2010” in nomination “Best financial services for individuals”.

Winners in 15 nominations among banks, insurance and management companies, non-state pension funds were chosen via public voting on web-site “Family budget”, held from January 15 to November 15, 2010. Bank Vozrozhdenie was awarded in nomination “Most attractive deposit rates”.

“We are very pleased with our clients’ high estimation of the bank’s deposit products and funds raising policy. Individual deposits are traditionally the core funding source for lending with 60% share in liabilities” — said Evgeniy Dmitriev, Head of Retail Department.

“Attracting customer funds we mainly focus on existing clients among our depositors, participants of payroll projects and employees of corporate clients. Following the market trends in terms of pricing we seek for offering the most convenient client services. We will stick to this strategy in 2011 as well and expect 18% individual deposit growth to RUB 79 bln next year,” — added Evgeniy Dmitriev.

Bank Vozrozhdenie issued more than 1.1 million Visa cards
Bank Vozrozhdenie and Russian Bank for Development joined efforts for SME lending