21.04.2007 /Operations Raiffeisen Bank Aval receives the largest Syndicated Term Loan Facility for a Ukrainian financial institution - The facility will be used for general funding purposes, i.e. financing the growing loan portfolio which reached the countervalue of nearly 3.3 billion euros as at year-end 2006.

21.04.2007 /Financial Statements The Bank of Moscow results of the 1st quarter 2007 - During the 1st quarter of 2007, the "Bank of Moscow"'s book profit has reached RUR 3.7 billion with net profit amounting to RUR 3.3 billion. As compared to the same period of 2006, the book profit and net profit of the 1st quarter of 2007 are almost 3 and 4 times higher, respectively.