NOMOS-BANK traditionally focuses on the corporate business segment.

Services provided to corporate customers include:

• Loans
• Deposits
• Cash collection
• Cash management
• Documentary business
• Trade finance
• Precious metals operations
• Leasing
• Project finance

NOMOS’ customer base includes nearly 28 thousand companies.

Lending activity

Corporate lending remains NOMOS’ key business resulting in a strong focus on credit risk management. As at YE 2008, gross loans to corporate customers stood at US$ 6,197 million (RUB 182,721 million) equaling to 91.3% of the gross loan portfolio. NOMOS actively works with high quality borrowers such as companies of federal importance, strong government enterprises and miners of precious metals among others.

Credit losses in NOMOS over the past years have been minimal. Historically the share of non-performing loans has been one of the lowest within NOMOS’ peer group. Traditionally the Bank has conservative underwriting and provisioning. Allowances for possible loan losses have always been established at prudent levels. Over 80% of NOMOS’ loan portfolio is collateralized. Sound lending policies and a conservative attitude towards collateral have resulted in a low level of write-offs.

Corporate customer loans (RUB$ mln)

NOMOS’ loan portfolio can be characterized by the following:

• Prudent single borrower limits
• Minimum amount of loans to related parties (<1%)
• No exposure to shareholders
• Decreasing concentration ratios
• Growing share of regional borrowers

NOMOS-BANK has received the Best Corporate Lending Bank 2008 award by World Finance Magazine.

Precious metals

Historically NOMOS has maintained an entrenched position in the precious metals sector. NOMOS was one of the first Russian banks to receive a precious metals license. Today the Bank’s annual volume of precious metals operations exceeds 30% of total Russian gold production.

The Bank’s main activities in this area include:

• Trading in precious metals as brokerage service (does not imply market risk)
• Seasonal financing
• Project finance for new deposits development
• Syndicated loans to gold miners
• Financing of technical renovation
• Exports of precious metals
• Hedging
• Metal accounts

NOMOS-BANK has received the Best Precious Metals Bank 2008 award and the Best Precious Metals Dealer 2008 award by the Interbank Precious Metals Dealers Association.

Strategy

NOMOS has set the following general strategic priorities with regard to corporate business:

• To focus on larger and medium sized corporate clients
• To address systemically important sectors
• To leverage corporate banking relationships to facilitate development of retail and SME business
• To further diversify the loan portfolio
• To lend to more regional customers