RenCredit RUR senior loan

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Translated version of this PSD: Russian A loan of RUB 2.2 billion to Commercial Bank Renaissance Capital, operating under the brand name Renaissance Credit (the “Borrower” or “RenCredit”), a member of Renaissance Group, a leading emerging markets investment firm (“Renaissance Group”). RenCredit is one of the leading consumer finance operators in the Russian Federation. The loan will be used for the expansion of RenCredit’s consumer lending activities primarily in the Russian regions. The EBRD loan to RenCredit will have the following transition impact: • support one of the recognised providers of consumer finance known for its sound business practices and increase competition in the sector; • aid the development of the retail market segment, which is increasingly sophisticated and strategically important for the Russian market; and • support responsible retail consumption by individual households of products which satisfy basic needs and bring a better quality of life, particularly in the regions through wider access to financing. Renaissance Credit is a leading private consumer lending institution. Renaissance Credit is a trademark of CB Renaissance Capital (LCC), which holds banking licenses №3354 issued by the Central Bank of Russia.CB Renaissance Capital is a retail business of Renaissance Group, a group of investment and financial services companies focusing on high-opportunity emerging markets. A 3.5 year loan of RUB 2.2 billion Up to RUB 2.2 billion. Categorised FI under EBRD’s 2008 Environmental and Social Policy. This is a consumer finance operation that will have minimal or no adverse environmental or social risks. CBRC will be required to comply with the EBRD’s Performance Requirement 2 and to improve its HR policies, procedures and grievance mechanism, adhere to the EBRD’s Environmental and Social Exclusion and Referral Lists, and submit annual environmental and social reports to the EBRD. None. Alexei Levchenko, CEO, Commercial Bank Renaissance Capital Tel: +7 495 783 46 00 Contacts for media:Elena Leshchinskaya E-mail: media@rencredit.ru Tel: 7 (495) 783 46 88 Company website: www.rencredit.ru