Vozrozhdenie Bank started cooperation with the company LG Electronics RUS.

LG Electronics division, which is a major manufacturer of electronics and household equipment with 300 representative offices in 120 countries. In Russia construction of a new plant started in 2005 in the Ruza district of the Moscow Region. Production output starts in April of 2006. The scheduled annual output is 4 million units, i.e. refrigerators, washing machines, television sets and audio equipment. By the end of the third year the number of staff is going to reach the 3000 mark.

Vozrozhdeniye Bank is a personal Bank for corporate and private customers. The Bank’s branch network comprises over 140 sale offices and over 400 ATMs. Throughout the Moscow Region the Bank has 90 sale offices and an extended ATM network — over 250 units. 

Vozrozhdeniye Bank insures the interests of over 900,000 corporate and private customers and is specialized in attraction, keeping and saving customer funds. The Bank is making settlements, transfers and payments, carrying out corporate financing, as well as developing steadily consumer and mortgage lending to private customers.

The Bank is convinced that our most valuable asset is its relationship with our customers, which is built on the principles of sympathy, humanity and reliability.

Within the framework of cooperation the Bank is going to provide the most advanced banking technologies and special programs to LG Electronics, including the company staff.

Both Vozrozhdeniye Bank and LG Electronics RUS take an active part in solving priority tasks of social and economic development of the Moscow Region planned by the Government of the Moscow Region. So, in 2005 the volume of financing granted by the Bank under the programs of reconstruction in the industrial, fuel and energy, housing and communal complexes of the Moscow Region totaled RUR 67.9 billion.