Main Events of 2010

Annual report 2010

# Main Events of 2010

Recognition of market participants/strengthening of market positions

- In 2010, Bank Vozrozhdenie was named Bank of the Year by The Banker magazine. This prestigious professional award is given to leading banks from 140 countries each year.
- In the reporting period, ratings agency Standard & Poor’s changed the outlook on Bank Vozrozhdenie’s long-term counterparty credit rating to ‘positive’ from ‘stable’. The international-scale rating was affirmed at ‘B+’ and the local-scale rating at ‘ruA+’ with a ‘positive’ outlook. The bank’s short-term credit rating was affirmed at ‘B’.
- Bank Vozrozhdenie was a prize-winner at the annual Customs Olympus 2010 in the category for best financial institution offering services in the customs field.
- Bank Vozrozhdenie received an award at the third annual public awards Financial Pearls of Russia 2010 in the category of “Best Financial Services for the Population”.

Business development

- Bank Vozrozhdenie recorded net income for 2010 of RUB581 million.
- The loan portfolio increased by 22.1% to RUB104 billion.
- Deposit volumes increased by 14.6% to RUB85.3 billion, while the share of retail deposits increased to 65.4%
- In 2010, the Bank issued 250,000 new debit cards. In total, 1.4 million people have cards issued by the Bank. The number of Visa cards issued by the Bank reached 1.1 million.

© 2011 Bank «Vozrozhdenie»