VISA Certificate

Lou Naumovsky, Senior Vice-President of Visa CEMEA and Director of Visa International Representative Office:

"I take this opportunity to convey my congratulations to Vozrozhdeniye Bank on its numerous achievements. As a leader of the payment system Visa in Russia I would like to emphasise the special role Vozrozhdeniye plays in new fields of business. In terms of technology the Bank maintains a leading position in the sphere of payroll projects based on banking cards, actively expands retail operations both in the Moscow Region and throughout Russia. I am honoured to congratulate the Bank on its achievements in the field of "plastic" business. We are proud, that Vozrozhdeniye is among the leaders with respect to the number of issued cards and extensiveness of ATM network. Our relationship with the Bank is fruitful and profitable. I would like to pass best regards from my London colleagues as well."

Neil Withers, the representative of Canadian Imperial Bank of Commerce (CIBC):

"Our Bank has been collaborating with Vozrozhdeniye for more than five years and we are highly content with our relationship. VBank is successfully expanding retail and corporate business. We are progressing steadily into the future with expectations of the further economic boom in Russia. In this respect, as shareholders of Vozrozhdeniye we are looking forward to the prospects of its development, primarily, in the field of retail operations. I would like to pass best regards from the executives of our Bank to the leaders of Vozrozhdeniye and personally to Dmitriy Orlov, whom we meet on a regular basis. I am sure, that jointly developed technologies, consultations and experience exchange between CIBC and Bank Vozrozhdeniye will enable to find optimised solutions in the further implementation of innovative financial technologies, as well as in the product and service diversification for the benefit of the Russian customers."