TransCreditBank Produced 2008 RAS Financial Statements

TransCreditBank’s 2008 financial statements produced in accordance with the Russian Accounting Standards point to rapid development of its business:

- The Bank generated a net profit of RUR3.4 bn (US$115.7 mln) vs. RUR2.5 bn in 2007, registering a 37% y-o-y increase;

- In 2008 net assets of the Bank increased to RUR235.3 bn (US$8 bn) doubling the closing figure of 2007 (RUR118.5 bn);

- Shareholders’ equity grew 1.8 times from RUR12.5 bn (as of 01.01.2008) to RUR22.3 bn (US$757 mln).

Last year retail and corporate lending represented the main area of the Bank’s active operations. As of January 1, 2009 TransCreditBank had on its books RUR133.3 bn (US$4.5 bn) of loans increasing its portfolio 1.6 times from RUR81.8 bn as of 01.01.2008. Notably, retail loans amounted to RUR52.1 bn or US$1.8 bn (1.5 times y-o-y increase).

Over the 12 months’ period customers’ funds on accounts with the Bank doubled to more than RUR151,2 bn (US$5.2 bn).

Latest News ORGRESBANK has summarized results of the first half year of 2009 B&N Bank has improved its loan book quality Regulation of the Russian Government dated June 23, 2009 ¹ 854-r Alfa-Bank 2008 Annual Report On Approving Ernst and Young Vneshaudit as Auditor of Vnesheconombank's Annual Financial Statements for 2009 B&N Bank has issued IFRS Consolidated Financial Statements for the year ended 31 December 2008 TransCreditBank Presents Its Financial Statements BNP Paribas Group: Results as at 31 March 2009 According to RAS profit of B&N Bank in 1Q2009 amounted to RUB 142 mln. TransCreditBank Group Produced its 2008 IFRS Accounts

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