Vozrozhdeniye Bank issued the 350,000th bankcard of International Payment System VISA under its regular payroll project

6 June 2003

Press-Release

Vozrozhdeniye Bank issued the 350,000th bankcard of International Payment System VISA under its regular payroll project with the Research and Development Institute named after Tikhomirov — the leading enterprise in the military and industrial complex of Russia in the field of development of the fifth generation arms control systems designed for jet fighters SU-30 MK and mobile antiaircraft missile complexes.

Tatyana Fefilova, a head of the settlement department of the above enterprise has become a happy owner of the card. The Bank also granted her a registered certificate and a voucher to the foreign resort at the ceremonial party that took place on June 5th in the Moscow Region city Zhukovskiy.

Mark Nakhmanovich, Deputy Chairman of the Bank:

Vozrozhdeniye Bank is one of our first partners in Russia. We are actively cooperating since 1966. The principal feature of the Bank is safety. Vozrozhdeniye is continuously expanding its range of bankcard services. Transition to the microchip technologies reflects a considered and weighted strategy of the Bank’s management. That will allow to enhance the level of customer service, as well as to broaden the customer base. Implementation of microchip cards by Vozrozhdeniye positively ensures its leading position in the field of bankcard business development and promotion of new high technology products and services to the market.

The Annual Report of Vozrozhdeniye Bank for 2002 may be found at this site
Presentation of the 350,000th VISA card (International Payment System) issued by Vozrozhdeniye Bank