Rosbank Syndicated Loan

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The proposed project envisages a broadening of the EBRD relationship with Rosbank with new term financing consisting of: The project aims to assist the bank in developing its business in favour of (i) private sector small and medium sized enterprises (SME) operating in the Russian Federation and of (ii) retail customers with an offering of residential mortgage products. Through syndication, the project will also contribute in further diversification of the bank’s funding base. Rosbank is a large universal bank, owned by Interros. The consolidation of banking business of the OVK banking group, which was purchased in 2003 by Interros, with Rosbank created one of the largest private banks in Russia with the second largest regional branch network after Sberbank. Term Loan of USD 80 million (EUR 67 million). USD 180 million (EUR 150 million). Rosbank will be required to comply with EBRD’s Environmental Procedures for Intermediated Financing through Local Banks and Environmental Guidelines for Residential Mortgage Lending, including adherence to the Environmental Exclusion and Referral List, compliance with the applicable national environmental, health and safety legislation, and submission of annual environmental reports to EBRD. None. Mr. Evgeny Yarovikov, Director of Financial Institutions Dept Email: eYarovikov@rosbank.ru Tel: +7 095 956 6727 Fax: +7 095 725 2404