Russian Standard Bank - Senior loan

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Translated version of this PSD: Russian The Project, when approved by the EBRD’s Board of Directors, will consist of a senior loan of RUB 4 billion to Russian Standard Bank. The Project is aimed at supporting the expansion of RSB’s consumer lending activities in the regions of Russia. The Project is expected to have the following transition impacts: Russian Standard Bank is one of the leaders in consumer lending; it is the market leader in credit cards and within the top 4 in terms of points-of-sale loans in Russia. It has one of the widest and diversified distribution channels in the country. The Project will consist of a three-year senior loan of RUB 4 billion. RUB 4 billion. Categorised FI. This is a consumer finance operation that will have minimal or no adverse environmental or social risks, therefore limited specific environmental requirements will apply. The bank will be required to improve its human resource policies, procedures and grievance mechanism in line with EBRD's PR2, adhere to the EBRD's Environmental and Social Exclusion and Referral Lists, and submit annual environmental and social reports to the EBRD. none. Nina Filiminova, Vice President, Head of Financial Institutions Tel: +7 495 797 8405 E-mail: nFilimonova@bank.rs.ru