10.04.2008 /Home mortgage The Bank of Moscow adds more insurers for implementing its mortgage programmes - Now customers can choose to arrange their insurance packages with OAO MSK (Moskovskaya Strakhovaya Kompaniya) (Moscow Insurance Company), SZAO (insurance closed joint-stock company) Standart-Rezerv, OSAO Ingosstrakh and OAO ROSNO.

10.04.2008 /Credit cards AK BARS Bank has got the MasterCard Worldwide license for trading acquiring. - The license gives the Bank the right to serve cards of the international payment system MasterCard Worldwide in the Bank's terminals located in trade-service enterprises.

10.04.2008 /Events The Results of MIPIM - 2008 - AK BARS Bank represented nine investment projects, including housing development design of "Seventh Sky" microdistrict, Tatarstan National Library construction project, "Light Valley" residential complex construction project.

10.04.2008 /Operations VTB Bank expands cooperation with JSC AVTOVAZ - Program stipulates financing of leasing programs, VTB Bank assistance in AVTOVAZ bond issue and placement, cooperation in implementing LADA Credit corporate program and in making and introducing new credit products focused on LADA car purchasing.

10.04.2008 /Operations AK BARS Bank raised the syndicated loan facility with oversubscription by more than 2,5 times - The facility was launched on 27 February 2008 at US$ 75,000,000 and achieved a great success in the market. Having raised a substantial oversubscription AK BARS Bank decided scale back to US$ 200,000,000.

10.04.2008 /Operations The Bank of Moscow joins a syndicate to lend to OAO Inter-regional Distribution Grid of the Center - The borrowed funds are to be used to finance the Company's production, operations and investment transactions in strict compliance with the IDGC’s 2008 business plan.

10.04.2008 /Financial Statements VTB announces record profits in its first year as a public company - Total assets increased 76.7% to US$92,609 million. Net income increased 28.4% to US$1,514 million, driven by strong growth of the loan portfolio. Core income (including net interest and fee and commission income before exceptional item) increased by 48% to US $3,056 million.