The regular Meeting of Supervisory Council, where preliminary performance results of the Bank’s activities in the current year were reviewed, was held on November 30th

30 November 2001

The current year’s performance of the Bank’s activities was approved at the Meeting of the Supervisory Council. A positive dynamics of all basic ratios was stressed: net assets grew by 20% and amounted to RUR12.5 billion, the volume of the Bank’s loan portfolio totaled RUR 8.5 billion (17% growth over beginning of the year), customer balances have grown as well, where individuals’ deposits increased by 1.6 times.

The Bank has significantly widened its range of advanced technology-based banking products and services to meet the customers’ diverse requirements. The bank card issuing programme has been actively developing. Under payroll projects alone over 158 thousand people are getting their payroll facilities through Vozrozhdeniye bankcards. The card service infrastructure has been steadily developing. There is a growth in a number of ATMs, cash advance outlets, a number of points of sales and services that accept bankcards for goods and services payment.

The Seminar of The European Business Club
In early March the First Trade Forum of Moscow Region was held, where the Bank Vozrozhdeniye’s Deputy Chairmen of the Board L. A. Goncharova and M. M. Nakhmanovich gave their presentations