MBRD 15th Anniversary Celebration

The Banks birthday celebration was held at the Forum Hall, Moscow. There were guests from Bank of Russia, Russian Banks Association, stockholders, partners and clients of MBRD. As usual we shared our congratulations, drew conclusions and were welcoming the new year, looking forward to new goals to reach and new challenges to overcome.

“This date is special for us - MBRD celebrates its 15th anniversary. The Bank has established solid reputation as a stable full-service financial institution which is among the leading banks of Russia. During these years MBRD was enhancing its technologies, started providing its clients with innovative products and services. Also, the Bank has expanded its geographical presence up to 115 offices throughout 55 Russian cities. We are to keep moving forward as MBRD sets ambitious goals for the future: to enter TOP15 of the Russian leading banks in the year 2010”, announced Chairman of the Board of MBRD, Sergey Zaitsev.

Today MBRD is implementing a business strategy which has proven to be successful by letting the Bank introduce new banking technologies and significantly expand its retail business in very short terms. In 2007 funds raised from individuals more than doubled, the Bank’s retail loan portfolio grew 3 times. MBRD’s network was added by 32 offices and new 3 branches in the biggest Russian cities: Kemerovo, Chelaybinsk, Tyumen.

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