Deltacredit Bank Mortgage Loan

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Translated version of this PSD: Russian The EBRD is considering a senior loan of up to USD 150 million to DeltaCredit Bank, Russian Federation (“the Loan”). The Loan will be utilised by DeltaCredit Bank for making new residential mortgages to retail clients in the Russian market. The operation will: 1) Support the recovery of the mortgage market of the Russian Federation in the post-crisis environment 2) Promote mortgage lending resulting in higher volumes and deeper penetration via new clients/regions to make housing affordable for the Russian middle class, and 3) Promote competition and best practice in mortgage lending. DeltaCredit Bank is the 3rd largest mortgage provider in the Russian Federation. The bank is part of SocGen Group. A senior bi-lateral multicurrency loan of up to USD 150 million, available for disbursement in USD and Roubles. USD 150 million. DeltaCredit Bank, Russia will be required to comply with the EBRD's Performance Requirements 2 and 9. In particular, DeltaCredit Bank will need to implement environmental and social procedures for mortgage lending. DeltaCredit Bank will be required to adhere to the EBRD's Environmental and Social Exclusion and Referral Lists and submit annual environmental and social reports to the EBRD None. Public Relations: Barinov Ivan Tel: +7-495-960-31-61, ext.2171 Investor Relations: Cherepneva Maria Tel: +7-495-960-31-61, ext.2217