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03.02.2009
RUSSLAVBANK Sums Up 2008
The tomorrow success bases on preceding achievements. The 2008 financial year results of RUSSLAVBANK give confidence that, as come too will pass at worthy level.

In 2008 RUSSLAVBANK's profit has become 403,5 million roubles having exceeded on 160 % of 2007. Profitability of the capital for the past uneasy year has increased on 35 %. The part of liquid assets of Bank exceeds now 38 % that allows to carry out fully and in time all obligations to clients, counterparts and state bodies. Growth of the involved means for 2008 (25 %), including increase in the rests at correspondent accounts of banks-partners (66 %), testifies to increasing trust to Bank from outside clients and the interbank market. Timely updating of a credit policy taking into account change of economic conditions has allowed to provide high quality of a credit portfolio. The volume of actives has grown on 25 %, and their profitability has increased on 3,5 %. Growth of volumes of transactions of the International Money Transfers and Payments CONTACT System (RUSSLAVBANK is the clearing centre of the System) has exceeded 50 %.
Reliability of RUSSLAVBANK is proved not only 19-year-old history of successful work, but also its ratings. In 2008 The international rating agency MOODY's has appropriated to Bank rating В3 with the forecast "stable", Expert RA – a rating A (with high level of credit status), AK&M – a credit status rating on a national scale A with stable prospects. RUSSLAVBANK's guarantees are accepted by Federal Custom Service, by the "Aeroflot. The Russian airlines" (OCSJ) and other major organisations and the companies. Besides, RUSSLAVBANK is included into the limited number of the banks having limits of refinancing from the Central Bank of the Russian Federation that allows receptions of additional liquidity.
«We look ahead with optimism and confidence, – Nikolay Gousman, the RUSSLAVBANK's President-Chairman of the Board tells. – So, as before we will continue to use new possibilities opening to us in interests and for the blessing of the clients. The life proceeds, inspite of on any excitements and cataclysms».

Mrs. Irina Shipilova
Vice-President of RUSSLAVBANK
+7 (495) 237-08-19; 8-910-456-62-83
E-mail: shipilova@russlavbank.com


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