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04.03.2009 /Financial Statements BSGV results 2008

BSGV experienced a strong growth of its activities, in absolute and relative terms.

 In RUB bln    2008      2007      08/07  
 Assets   220   109   +101%  
 Equity   8.53   5.78   +48%  
 Net banking income (NBI)     7.2   4.8   +50%  
 Global loan amount   153   82.3   +86%  
 Corporate loan portfolio   113.9   63.5   +79%  

 Retail loan portfolio 

 39.3 19   +106%  
 Global deposit amount   81.6   30.4   +168%  

BSGV branch network provides services to 225,000 retail and almost 7,000 corporate clients in 16 cities. In line with its development plans, BSGV increased its network by 14 branches and operational offices in 2008, reaching 64. This number should reach 77 in 20 cities by the end of 2009, to serve more than 300,000 individual clients.

As of 01.01.2009, the Bank operated 376 ATMs, 99 more as compared to the last year. The target number of ATMs to be commissioned in 2009 is 89.
The Bank issued 189,590 VISA and MasterCard cards, including 9,279 payroll cards for corporate clients.

The Bank employs 2,300 people, a 39% increase compared to the year before.



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