<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">
<html xmlns="http://www.w3.org/1999/xhtml" xml:lang="ru" lang="ru">
<head><meta http-equiv="Content-Type" content="text/html; charset=windows-1251" />
<meta name="robots" content="index, follow" />
<meta name="keywords" content="1Ñ-Áèòðèêñ, CMS, PHP, bitrix, ñèñòåìà óïðàâëåíèÿ êîíòåíòîì" />
<meta name="description" content="1Ñ-Áèòðèêñ: Óïðàâëåíèå ñàéòîì" />
<link href="/bitrix/js/main/core/css/core.css?1367665323" type="text/css" rel="stylesheet" />
<link href="/bitrix/templates/.default/components/bitrix/menu/menu_my/style.css?1367665317" type="text/css" rel="stylesheet" />
<link href="/bitrix/templates/work_en/styles.css?1367665321" type="text/css" rel="stylesheet" />
<link href="/bitrix/templates/work_en/template_styles.css?1367665321" type="text/css" rel="stylesheet" />
<script type="text/javascript" src="/bitrix/js/main/core/core.js?1367665322"></script>
<script type="text/javascript">BX.message({'LANGUAGE_ID':'ru','FORMAT_DATE':'DD.MM.YYYY','FORMAT_DATETIME':'DD.MM.YYYY HH:MI:SS','COOKIE_PREFIX':'BITRIX_SM','bitrix_sessid':'a0bd56179860c0e091c02f5da14a3b08','JS_CORE_LOADING':'Çàãðóçêà...','JS_CORE_WINDOW_CLOSE':'Çàêðûòü','JS_CORE_WINDOW_EXPAND':'Ðàçâåðíóòü','JS_CORE_WINDOW_NARROW':'Ñâåðíóòü â îêíî','JS_CORE_WINDOW_SAVE':'Ñîõðàíèòü','JS_CORE_WINDOW_CANCEL':'Îòìåíèòü'})</script>
<script type="text/javascript" src="/bitrix/js/main/core/core_ajax.js?1367665322"></script>
<script type="text/javascript" src="/bitrix/js/main/session.js?1367665325"></script>
<script type="text/javascript">
bxSession.Expand(1440, 'a0bd56179860c0e091c02f5da14a3b08', false, '689f8d72e2081005bede98031d1bb950');
</script>
<title>Strategy — Annual report 2010</title>
<link rel="Stylesheet"  href="/css/main.css" type="text/css" />
<link rel="Stylesheet"  href="/css/window.css" type="text/css" />
<meta http-equiv="Content-Type" content="text/html; charset=windows-1251" />
<script type="text/javascript" src="/js/jq.js"></script>
<script type="text/javascript" src="/js/add.js"></script>
<script type="text/javascript" src="/js/corner.js"></script>
<script type="text/javascript" src="/js/interface.js"></script>
<script type="text/javascript" src="/js/easyTooltip.js"></script>
<script type="text/javascript"><!--//--><![CDATA[//><!--
    $(document).ready(function(){
	$(".switch").corner("5px");
	$(".act>span").corner("5px");
	$("a.term").easyTooltip();

    }); 
//--><!]]></script>
<script type="text/javascript">

  var _gaq = _gaq || [];
  _gaq.push(['_setAccount', 'UA-24800204-1']);
  _gaq.push(['_trackPageview']);

  (function() {
    var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true;
    ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js';
    var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s);
  })();

</script>
</head>
<body>

<!-- Yandex.Metrika counter -->
<div style="display:none;"><script type="text/javascript">
(function(w, c) {
(w[c] = w[c] || []).push(function() {
try {
w.yaCounter12877375 = new Ya.Metrika({id:12877375, enableAll: true, webvisor:true});
}
catch(e) { }
});
})(window, "yandex_metrika_callbacks");
</script></div>
<script src="//mc.yandex.ru/metrika/watch.js" type="text/javascript" defer="defer"></script>
<noscript><div><img src="//mc.yandex.ru/watch/12877375" style="position:absolute; left:-9999px;" alt="" /></div></noscript>
<!-- /Yandex.Metrika counter -->

<div id="panel"></div>
<div id="page">
  <div id="header">

     <a href="/eng/" id="logo"><img src="/img/logo_eng.gif" alt="" title=""/></a>
     <a href="http://www.vbank.ru/press/news/2010/2445/" id="boe"><img src="/img/bank2010.gif" alt="Bank of the year 2010" title="Bank of the year 2010"/></a>
  </div>
  <div id="blue_line">
     <div id="title">Annual Report 2010</div>
     <div id="noname">
        <a href="http://www.vbank.ru/en/" class="vbank">To the bank’s web-site</a>
        <a href="/rus/strategy/index.php" class="switch"><norb>ïî-ðóññêè</norb></a>

     </div>
  </div>
  <div id="main_area">
     <div id="left_block">
           
<ul id="submenu">


   	
		
										<li  class="root-item"><span><a href="/eng/portrait_of_the_bank/" class="root-item">Portrait of the Bank</a></span></li>
			
		
			
	
	
   	
		
										<li  class="root-item"><span><a href="/eng/letter_from_the_chairman_of_the_management_board/" class="root-item">Letter from the Chairman of the Management Board</a></span></li>
			
		
			
	
	
   	
		
										<li  class="act"><span><a href="/eng/strategy/" class="act">Strategy</a></span></li>
			
		
			
	
	
   	
		
										<li  class="root-item"><span><a href="/eng/main_events_of_2010/" class="root-item">Main Events of 2010</a></span></li>
			
		
			
	
	
   	
		
										<li  class="root-item"><span><a href="/eng/russian_economy_and_banking_sector/" class="root-item">The Russian Economy and Banking Sector</a></span></li>
			
		
			
	
	
   		
							<li  class="root-item"><span><a href="/eng/business_overview/" class="root-item">Business Overview</a></span>
									 
		
			
	
	
   	
		
			
		
			
	
	
   	
		
			
		
			
	
	
   	
		
			
		
			
	
	
   	
		
			
		
			
	
	
   	
		
			
		
			
	
	
   	
		
			
		
			
	
	
   	
		
										<li  class="root-item"><span><a href="/eng/shareholder_structure/" class="root-item">Shareholder Structure</a></span></li>
			
		
			
	
	
   		
							<li  class="root-item"><span><a href="/eng/corporate_governance/" class="root-item">Corporate Governance</a></span>
									 
		
			
	
	
   	
		
			
		
			
	
	
   	
		
			
		
			
	
	
   	
		
			
		
			
	
	
   	
		
			
		
			
	
	
   	
		
			
		
			
	
	
   	
		
			
		
			
	
	
   	
		
			
		
			
	
	
   	
		
			
		
			
	
	
   	
		
										<li  class="root-item"><span><a href="/eng/risk_management/" class="root-item">Risk Management</a></span></li>
			
		
			
	
	
   	
		
										<li  class="root-item"><span><a href="/eng/social_responsibility/" class="root-item">Social Responsibility</a></span></li>
			
		
			
	
	
   	
		
										<li  class="root-item"><span><a href="/eng/financial_statements/" class="root-item">Financial Statements</a></span></li>
			
		
			
	
	
   	
		
										<li  class="root-item"><span><a href="/eng/branches_in_russia/" class="root-item">Branches in Russia</a></span></li>
			
		
			
	
	
   	
		
										<li  class="root-item"><span><a href="/eng/offices_of_vozrozhdenie_bank/" class="root-item">Offices of Bank Vozrozhdenie</a></span></li>
			
		
			
	
	
   	
		
										<li  class="root-item"><span><a href="/eng/contacts/" class="root-item">Address and Contacts</a></span></li>
			
		
			
	
	

	</ul></li>
</ul>
     </div>                
     <div id="middle_block">
        <div id="text">
        
        <object width="100%" height="233" align="absmiddle" codebase="http://fpdownload.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,0,0" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000">
          <param value="sameDomain" name="allowScriptAccess">
          <param value="/img/flash/loader.swf" name="movie">
          <param value="xml_path=/img/flash/strategy_en.xml" name="FlashVars"> 
          <param value="false" name="menu">
          <param value="opaque" name="wmode">
          <param value="high" name="quality">
          <param value="#D0D0D0" name="bgcolor">

          <embed width="100%" height="233" align="absmiddle" flashvars="xml_path=/img/flash/strategy_en.xml" pluginspage="http://www.macromedia.com/go/getflashplayer" type="application/x-shockwave-flash" allowscriptaccess="sameDomain" bgcolor="#D0D0D0" quality="high" menu="false" wmode="opaque" src="/img/flash/loader.swf">                 </object><br /><br />
        <a name="top"></a>
           <h1>Strategy</h1><a name="top"></a>
 
<p>Bank Vozrozhdenie&rsquo;s business development focuses on&nbsp;key areas of&nbsp;corporate and retail demand to&nbsp;ensure long-term growth of&nbsp;shareholder value.</p>
 
<p>The Bank’s main priority is&nbsp;to&nbsp;offer a&nbsp;full range of&nbsp;banking services to&nbsp;both companies at&nbsp;all stages of&nbsp;their development and individuals at&nbsp;any point in&nbsp;their life. Bank Vozrozhdenie aims to&nbsp;constantly improve customer service, establish long-term client relationships and promote its brand. Our client policy aims to&nbsp;achieve a&nbsp;high level of&nbsp;client loyalty through brand positioning, an&nbsp;optimal product offering and high standards of&nbsp;service. </p>
 
<p>Key aims in&nbsp;the development of&nbsp;our client base are to&nbsp;increase the number of&nbsp;sales of&nbsp;different products to&nbsp;new and existing clients and proactively use the potential in&nbsp;the Bank’s corporate client base to&nbsp;attract retail clients from their long-term employees with stable incomes. Special offerings may be&nbsp;produced for this segment. With an&nbsp;extensive line of&nbsp;modern banking services, the Bank focuses on&nbsp;proactive development of&nbsp;cross-selling and increasing non-interest income as&nbsp;a&nbsp;share of&nbsp;its revenue structure.</p>
 
<div class="gray_block">Bank Vozrozhdenie focuses on&nbsp;sustainable growth by&nbsp;developing our business and increasing our clients’ prosperity. Their funds remain the principal source for funding the Bank’s operations. </div>
 
<p>Bank Vozrozhdenie operates in&nbsp;three key segments: retail, corporate and financial markets. </p>
 
<ul> 	 
  <li><b>In&nbsp;the corporate segment</b>, Bank Vozrozhdenie targets long-term collaboration with clients by&nbsp;offering not just an&nbsp;individual service but an&nbsp;essential set of&nbsp;products. The bank plans to&nbsp;expand its client base by&nbsp;attracting customers from the SME sector, through individual work with major clients and by&nbsp;targeting clients whose offices overlap with the Bank’s branch network. A&nbsp;key factor in&nbsp;our success is&nbsp;our complex approach to&nbsp;serving each individual client and its employees, improving quality of&nbsp;service, and our differentiated approach to&nbsp;different client segments. 
    <br />
   		 
    <br />
   A&nbsp;priority client segment is&nbsp;SMEs, and the Bank intends to&nbsp;increase their share of&nbsp;its loan portfolio. As&nbsp;well as&nbsp;actively seeking out new borrower companies, the Bank intends to&nbsp;develop its loan products by&nbsp;improving its existing credit products and launching new ones. In&nbsp;expanding its corporate funding base, Bank Vozrozhdenie will focus on&nbsp;working with resource-rich companies, as&nbsp;well as&nbsp;on&nbsp;attracting smaller deposits from major clients to&nbsp;diversify its deposit book. Priorities in&nbsp;the corporate segments remain increasing the number of&nbsp;products used by&nbsp;each client, and also boosting clients’ usage of&nbsp;the Bank’s non-branch service offering. 
    <br />
   		 
    <br />
   Bank Vozrozhdenie plans to&nbsp;pro-actively develop its bank-card service infrastructure as&nbsp;the main means of&nbsp;attracting corporate clients for payroll projects. Here the main areas of&nbsp;focus will be&nbsp;to&nbsp;maintain the Bank’s leading position in&nbsp;Moscow Oblast and to&nbsp;provide active support to&nbsp;the corporate segment at&nbsp;regional branches. 	</li>
 </ul>
 
<ul> 	 
  <li><b>In&nbsp;the retail segment</b>, the main product offerings are deposits, consumer and mortgage lending, and payments and cash services for individuals. Bank Vozrozhdenie sees funds from individuals as&nbsp;a&nbsp;major source of&nbsp;funding for its operations, and generally as&nbsp;a&nbsp;stabilizing factor in&nbsp;the Bank’s activities, including at&nbsp;times of&nbsp;market volatility. We&nbsp;intend to&nbsp;maintain our position as&nbsp;one of&nbsp;Russia’s 15&nbsp;largest banks by&nbsp;retail deposits. In&nbsp;a&nbsp;stable macroeconomic environment, the Bank’s business plans will enable it&nbsp;to&nbsp;secure deposit growth above the market average. Individual deposits will comprise at&nbsp;least&nbsp;40% of&nbsp;the Bank’s balance sheet. 
    <br />
   		 
    <br />
   Bank Vozrozhdenie shapes its loan portfolio based primarily on&nbsp;quality and yield. It&nbsp;plans to&nbsp;run lending operations for the most part among existing clients with a&nbsp;proven credit or&nbsp;payments history, as&nbsp;well as&nbsp;among individuals working at&nbsp;its corporate clients. Mortgage lending remains the Bank’s major credit segment. The accessibility of&nbsp;long-term sources of&nbsp;financing is&nbsp;the key to&nbsp;developing this business line further. 
    <br />
   		 
    <br />
   Another priority area for the Bank is&nbsp;cross-selling of&nbsp;retail products using bank cards and supporting increased use of&nbsp;self-service facilities, which the Bank plans to&nbsp;gradually migrate to&nbsp;modern remote channels: internet and mobile banking. 	</li>
 </ul>
 
<ul> 	 
  <li><b>Non-interest income</b> is&nbsp;an&nbsp;extremely important element in&nbsp;the Bank’s revenue, particularly at&nbsp;times of&nbsp;interest-rate volatility. Growth rates of&nbsp;non-interest income in&nbsp;the retail business are directly correlated to&nbsp;loan volumes and payments and cash operations and should match their planned growth rates. In&nbsp;its financial-markets operations, Bank Vozrozhdenie intends to&nbsp;further diversify its securities book to&nbsp;support long-term liquidity at&nbsp;an&nbsp;adequate level, to&nbsp;reduce its levels of&nbsp;risk and increase asset yield. The Bank continues to&nbsp;develop instruments for reducing risks arising from financial-markets operations, including currency, interest-rate and market risk. </li>
 </ul>
 
<p>To&nbsp;support long-term growth across all business segments, Bank Vozrozhdenie plans to&nbsp;create an&nbsp;efficient infrastructure to&nbsp;meet key business goals. To&nbsp;increase the quality of&nbsp;service offered to&nbsp;clients, the Bank focuses on&nbsp;balanced development of&nbsp;its sales network through its offices and self-service facilities. We&nbsp;adhere to&nbsp;a&nbsp;strategy of&nbsp;gradual regional expansion, and plan to&nbsp;focus on&nbsp;regions where the Bank already has active branch offices. The number of&nbsp;sales points will be&nbsp;increased to&nbsp;meet market demand in&nbsp;each specific region and within the limits set by&nbsp;the Bank’s business model. Further development of&nbsp;the Bank’s sales infrastructure will focus for the most part on&nbsp;Moscow Region and neighboring areas, and on&nbsp;the Southern and North-West areas of&nbsp;the country. </p>
 
<div class="gray_block"> The Bank sees&nbsp;IT as&nbsp;a&nbsp;major factor in&nbsp;maintaining its competitive advantages and increasing the quality of&nbsp;service offered to&nbsp;clients, as&nbsp;well as&nbsp;in&nbsp;improving management by&nbsp;using the latest information and communications technologies. In&nbsp;2011, the Bank’s IT&nbsp;activities will focus predominantly on&nbsp;boosting the quality of&nbsp;our&nbsp;IT service offering, and also on&nbsp;developing and introducing internet and mobile banking. </div>
 
<p>The Bank’s marketing strategy is&nbsp;intertwined with its key business goals. It&nbsp;aims to&nbsp;strengthen the Bank’s competitiveness and increase customer loyalty and satisfaction by&nbsp;developing sales channels (including the branch network), by&nbsp;offering products that match client requirements more exactly than those of&nbsp;competitors, by&nbsp;ensuring high standards of&nbsp;customer service and by&nbsp;developing the Bank’s brand. </p>
 
<p>We&nbsp;consider customer satisfaction and loyalty to&nbsp;be&nbsp;an&nbsp;objective measurement of&nbsp;the effectiveness of&nbsp;our marketing strategy. The Bank aims to&nbsp;be&nbsp;among the market leaders on&nbsp;these indicators among both corporate and individual clients.</p>
 
<p>The Bank’s brand is&nbsp;an&nbsp;important asset. Our goal for the next five years is&nbsp;to&nbsp;establish ourselves among Russia’s five leading banking brands in&nbsp;all key regions where the Bank is&nbsp;present. We&nbsp;will develop the Bank’s brand based on&nbsp;the understanding that our most valuable asset is&nbsp;our client relationships. We&nbsp;work in&nbsp;genuine partnership with our customers, and our relationships are built on&nbsp;being responsive, humane and reliable. We&nbsp;are the Bank that can be&nbsp;relied on&nbsp;in&nbsp;both good and more difficult times. It&nbsp;is&nbsp;these relationships with our clients that differentiate&nbsp;us from other banks today and will continue to&nbsp;do&nbsp;so&nbsp;in&nbsp;future.</p>
 
<p>The Bank aims to&nbsp;promote its brand as&nbsp;a&nbsp;whole, rather than individual products, using all possible means of&nbsp;communication: television, radio, outdoor advertising, print media, the internet and targeted communications.</p>
 
<p>In&nbsp;2011, the Bank plans to&nbsp;make broad use of&nbsp;direct, targeted communications based on&nbsp;detailed client segmentation using special software to&nbsp;analyze its database. </p>
 
<p>A&nbsp;particular emphasis is&nbsp;placed on&nbsp;quality of&nbsp;service.</p>
 
<p>Service-quality issues include measures in&nbsp;four areas:</p>
 
<ul> 	 
  <li>Approval of&nbsp;&ldquo;Service Standards&rdquo; for all employees involved in&nbsp;direct communication with clients; the Bank plans to&nbsp;improve the “Service Standards” as&nbsp;client demand requires</li>
 	 
  <li>Staff training</li>
 	 
  <li>Motivation of&nbsp;personnel</li>
 	 
  <li>Staff management based on&nbsp;adherence to&nbsp;the “Service Standards” and product knowledge through the use of&nbsp;regular “mystery shopper” research and customer-satisfaction surveys</li>
 </ul>
 
<p>Our public relations program is&nbsp;a&nbsp;priority area in&nbsp;our brand-development strategy. The Bank attaches great importance to&nbsp;providing timely, reliable and complete information to&nbsp;partners, customers and shareholders about the day-to-day life of&nbsp;the Bank, its goals and results. Transparency and openness of&nbsp;information form part of&nbsp;the Bank’s development strategy.</p>
 
<div class="gray_block"> Bank Vozrozhdenie’s strategy includes ongoing corporate governance development in&nbsp;accordance with best international practice and the interests of&nbsp;shareholders. The bank intends to&nbsp;improve the efficiency of&nbsp;the Board of&nbsp;Directors, including by&nbsp;establishing new committees on&nbsp;strategy and corporate governance, launching self-assessment procedures, and also by&nbsp;optimizing interaction with the Bank’s executive management. We&nbsp;also intend to&nbsp;increase the role of&nbsp;the Board of&nbsp;Directors in&nbsp;our risk-management function by&nbsp;creating a&nbsp;risk committee, and improving the way in&nbsp;which we&nbsp;provide information to&nbsp;Board members in&nbsp;this area. We&nbsp;see further improvements to&nbsp;procedures aimed at&nbsp;avoiding conflicts of&nbsp;interests between all stakeholders at&nbsp;the Bank as&nbsp;an&nbsp;important aim. </div>
 
<p>The Bank’s risk management strategy targets further improvements to&nbsp;the risk-management system appropriate to&nbsp;the Bank’s business goals and the quantity and extent of&nbsp;assumed risks. It&nbsp;is&nbsp;based on&nbsp;meeting the Bank’s strategic goals as&nbsp;set out by&nbsp;the Board of&nbsp;Directors. High-quality risk management is&nbsp;a&nbsp;competitive advantage that improves the Bank’s capitalization. </p>
 
<p>Bank Vozrozhdenie’s HR&nbsp;policy targets the realization of&nbsp;each employee’s potential. The Bank’s priorities in&nbsp;this area include motivating employees to&nbsp;achieve key business goals, creating an&nbsp;effective internal-communications function, and developing employees’ professional potential. </p>
 <p><a href="#top" class="top" >Top</a></p></div>

     </div>
     <div id="right_block">
        <h2>IR contacts</h2>
        <dl>
           <!--dt><img src="/img/klinkov.gif" /></dt-->
           <!--<p><strong>Sergey Klinkov</strong> <br>Head of IR</p>-->
               <p class="invest_cont">Tel.:&nbsp;&nbsp;+7&nbsp;(495)&nbsp;620&nbsp;9071<br />

                  Fax:&nbsp;+7&nbsp;(495)&nbsp;620&nbsp;1953<br />
                  Web-site: <a href="http://www.vbank.ru/investors/">http://www.vbank.ru</a><br />
                  Email:&nbsp; <a href="mailto:investor@voz.ru" >investor@voz.ru</a>
               </p>
           
        </dl>
        <div class="divider"></div>
        <ul class="right_menu">
           <li><img src="/img/icon1.gif" /><a  id="windowOpen" href="">Share page</a>
           
           <div id="window">
<div id="windowContent">
<img src="/images/window_close.jpg" id="windowClose" />
<p><div class="buttons"><div class="butspre"><strong>Share with others:</strong></div><div class="allbuts"><strong>
<a title="Äîáàâèòü â Twitter" href="http://twitter.com/home?status=@vbank+http://ar2010.vbank.ru/eng/strategy/index.php" target="_blank" rel="nofollow"><div alt="Îïóáëèêîâàòü â Twitter" title="Îïóáëèêîâàòü â Twitter" id="ibuts1" class="buts32"></div></a>
 
<a href="http://www.facebook.com/sharer.php?u=http://ar2010.vbank.ru/eng/strategy/index.php" target="blank" rel="nofollow"><div alt="Íàïèñàòü â Facebook" title="Íàïèñàòü â Facebook" id="ibuts2" class="buts32"></div></a>
 
<a href="http://vkontakte.ru/share.php?url=http://ar2010.vbank.ru/eng/strategy/index.php" target="_blank" rel="nofollow"><div alt="Ïîäåëèòüñÿ ÂÊîíòàêòå" title="Ïîäåëèòüñÿ ÂÊîíòàêòå" id="ibuts3" class="buts32"></div></a>

 
<a href="http://www.google.com/buzz/post?url=http://ar2010.vbank.ru/eng/strategy/index.php " target="_blank" rel="nofollow"><div alt="Â Google Buzz" title="Â Google Buzz" id="ibuts4" class="buts32"></div></a>
 
<a href="http://www.livejournal.com/update.bml?event=http://ar2010.vbank.ru/eng/strategy/index.php " target="_blank" rel="nofollow"><div alt="Çàïèñàòü ñåáå â LiveJournal" title="Çàïèñàòü ñåáå â LiveJournal" id="ibuts5" class="buts32"></div></a>
 
<a href="http://connect.mail.ru/share?share_url=http://ar2010.vbank.ru/eng/strategy/index.php" target="_blank" rel="nofollow"><div alt="Ïîêàçàòü Â Ìîåì Ìèðå" title="Ïîêàçàòü Â Ìîåì Ìèðå" id="ibuts6" class="buts32"></div></a>
 
<a href="http://www.liveinternet.ru/journal_post.php?action=n_add&amp;cnurl=http://ar2010.vbank.ru/eng/strategy/index.php " target="_blank" rel="nofollow"><div alt="Â äíåâíèê íà LI.RU" title="Â äíåâíèê íà LI.RU" id="ibuts7" class="buts32"></div></a>

 
<a href="http://my.ya.ru/posts_add_link.xml?URL=http://ar2010.vbank.ru/eng/strategy/index.php" target="_blank" rel="nofollow"><div alt="Ïîäåëèòüñÿ ññûëêîé íà ß.ðó" title="Ïîäåëèòüñÿ ññûëêîé íà ß.ðó" id="ibuts8" class="buts32"></div></a>

<a onclick="ODKL.Share(this);return false;" class="soc-but-classmates" target="_blank" href="http://ar2010.vbank.ru/eng/strategy/index.php" rel="nofollow"><div alt="Ïîäåëèòüñÿ ññûëêîé â Îäíîêëàññíèêàõ" title="Ïîäåëèòüñÿ ññûëêîé â Îäíîêëàññíèêàõ" id="ibuts9" class="buts32"></div></a>
</strong></div><strong>
</strong></div>

<style>
.butsclear  {
clear:both;
content:"";
display:block;
height:0;
font-size:0;
visibility:hidden;} 
.allbuts {display:block;float:left;}
.buttons{
width:320px; 
height:160px;
overflow:hidden;
font-size: 13px;            /* ðàçìåð øðèôòà */
font-weight: bold;         /* ñòèëü òåêñòà: æèðíûé */			
padding:5px;               /* îòñòóï îò ãðàíèö */background: #FFFfff;   /* ôîíîâûé öâåò */
display:block;
float:left;
}
.allbuts a { height:32px ;width:32px; display:block; float:left; padding-right:0px;} 
.buttons .allbuts a div{
border: none;
opacity:1.0;                 /* íåïðîçðà÷íîñòü: 100% */
}
 
.buttons .allbuts a:hover div{
border: none;
opacity:0.7;                 /* íåïðîçðà÷íîñòü: 70% */
}
.buts32 {
background: url(/images/set2-32.png) no-repeat;
width:32px;
height:32px;
float:left;
display:block;
}
#ibuts2 {background-position:-32px 0px;}
#ibuts3 {background-position:-64px 0px;}
#ibuts4 {background-position:-96px 0px;}
#ibuts5 {background-position:-128px 0px;}
#ibuts6 {background-position:-160px 0px;}
#ibuts7 {background-position:-192px 0px;}
#ibuts8 {background-position:-224px 0px;}
#ibuts9 {background-position:-256px 0px;}
div.butscopy {font-size:8px; display:block;float:right; clear:left; }
div.butscopy a {color:lightgray;}
div.butscopy a:hover {color:gray;}
</style>
</p>
</div>
</div>
</li>
           <li><img src="/img/icon2.gif" /><a href="?print=Y">Print version</a></li>
           <li><img src="/img/icon3.gif" /><a onclick="add2Fav (this)" href="">Add to favorites</a></li>
           <li><img src="/img/icon4.gif" /><a href="/eng/feedback/email/">Send via e-mail</a></li>
           <li><img src="/img/icon5.gif" /><a href="/eng/feedback/">Feedback</a></li>

        </ul>
        <div class="divider"></div>
        <ul class="right_menu">
           <li><img src="/img/icon7.gif" /><a href="/upload/report_eng.pdf">Annual Report (PDF)</a></li>
           <li><img src="/img/icon8.gif" /><a href="/xls/IFRS_reporting.xls" target="_blank">Financial Statements 2010 XLS</a></li>
           <li><img src="/img/icon9.gif" /><a href="/upload/vbank.zip">Download off-line version</a></li> 

        </ul>
        <div class="divider"></div>
        <strong class="right_title">My report</strong>  
        <ul class="right_menu">
        <li><img src="/img/icon10.gif" /><a href="?add_link=Y">Add to cart</a></li>
                      <li><img src="/img/icon11.gif" /><a href="/eng/cart_links.php">Go to cart</a></li>
        </ul>
        <div class="divider"></div>

        <div class="right_search"><strong>Search</strong><form action="/eng/search/"><input type="text" value="" name=""/><input type="submit" value="" class="submit"/></form></div>
        <div class="divider"></div>
        <strong class="right_title">Related sections:</strong>  
        <ul class="right_submenu">             <li><a href="/eng/business_overview/analysis_of_financial_results/" >Business Overview</a> </li>

<li><a href="/eng/portrait_of_the_bank/" >Portrait of the Bank</a></li>
 

        </ul>
        <div class="divider"></div>
        <strong class="right_title">See also:</strong>  
        <ul class="right_submenu">             <li><a href="http://www.vbank.ru/en/about/strategy/" >Our Strategy</a></li>

<li><a href="http://www.vbank.ru/en/investors/presentation/" target="_blank" >Presentations for Investors</a></li>

<li><a href="http://www.vbank.ru/en/about/history/" target="_blank" >Our History</a></li>
 

        </ul>
        <div class="divider"></div>
       
     </div>
  </div>
</div>
<div id="footer">
   <div id="footer_inside">

      <div class="copyright">&copy;&nbsp;2011&nbsp;Bank Vozrozhdenie</div>
      <div class="sitemap"><a href="/eng/search/map.php">Site map</a></div>
   </div>
</div>
<script type="text/javascript" src="/window.js"></script>
</body>
</html>
