NOMOS’s investment banking business principally consists of interbank lending and repo operations, trading of fixed income securities and currencies as well as underwriting of public and private offerings of fixed income securities. The brand name of NOMOS is widely recognized in the Russian investment banking industry and the strength of this business has been reflected in numerous awards received by NOMOS in recent years.

Nomos is one of the leading players and market-makers in the Russian interbank and repo market with over 400 active counterparties and customers as at 2010. The Bank is one of the major participants in the FX market, including spot market, futures, swaps and options.

Investment Banking Strategy

Nomos has set the following general strategic priorities with regard to investment banking:

• Continue focus on current lines of business (interbank, repo, securities trading and brokerage, targeting top 101—500 Russian banks and counterparties)
• Develop new services (further development of DCM origination, accelerate development of brokerage, develop asset management capabilities)

Investment Banking Operating Model:

· Traditionally strong and risk-balanced approach to the management of the proprietary securities portfolio allows NOMOS to generate a stable revenue stream which has proved resilient to the market developments since 2008

· The unique position of NOMOS as a major non-government owned commercial bank with a significant resource base has allowed it to achieve a leading role in the interbank and the repo market

• Competent team has been put in place to drive growth in identified profitable areas
• Leading edge risk management systems and processes in place

Investment Banking Products and Services

Nomos’ investment banking business and operations in the financial markets include:

• Brokerage
• Trading operations
• Interbank and repo operations
• Depositary services
• Investment consulting
• Analytical services
• DCM operations