History

NOMOS-BANK was founded in the year 1993 as Joint-Stock Investment Commercial Bank and since then has evolved into one of Russia’s leading private financial institutions. Today NOMOS stands among TOP-20 most active and rapidly developing commercial banks in Russia demonstrating stable dynamics of asset and equity growth. Since May 11th, 2007, according to the decision of Shareholders Meeting the type of joint-stock company has been changed. The full official company name in Russian — Open Joint-Stock Company “NOMOS-BANK”.

NOMOS-BANK is included in the list of TOP-1000 world banks, published annually by “The Banker” magazine (member of the Financial Times group). According to the data published in July 2009, NOMOS-BANK stood on the 479th place among the largest banks of the world and on the 18th place among the top banks of the Central and Eastern Europe.

NOMOS-BANK is rated by Fitch Ratings and by Moody’s Investors Service.

In April 2006, Fitch upgraded NOMOS-BANK’s international long-term rating from “B” to “B+” and the national long-term rating from “BBB+ (RUS)” to “A−” (RUS), The Agency also affirmed the Bank’s short-term rating at “B”.

Moody’s recently confirmed NOMOS’ long-term foreign currency rating of “Ba3”. The last ratings upgrade from Moody’s was received in November 2005. NOMOS also has a “Aa3.ru” national scale rating assigned by Moody’s.

Both rating agencies note the Bank’s good capitalization, reasonable performance and good asset quality. The net interest income of the Bank continues to increase and the Bank’s cost to income ratio remains strong. The level of reserve coverage of the loan portfolio is reasonable and non-performing loans are not material. Overall, NOMOS-BANK has strong capital ratios.

The main objective of NOMOS-BANK today is to become one of the leading independent universal banks in Russia, while growing its business in line with the growth of the Russian economy. To do this, the Bank focuses on developing its activities in four major areas of banking business, namely: investment banking, corporate banking, private banking and retail banking. NOMOS has been successful in maintaining strong positions in all of these areas by offering its customers up-to-date services on a swift and efficient basis, using advanced banking technology.