NOMOS-BANK to open a branch in Kirov

NOMOS-BANK will open its branch in Kirov in the first quarter of 2009 following a decision that has been taken at the regular meeting of the Bank’s Supervisory Board. The opening of the Kirov branch goes in line with NOMOS-BANK’s development strategy as a universal credit and financial institution focussed on servicing corporate business and promoting retail services.

NOMOS-BANK presently has over 50 branches and supplementary offices. The Bank plans to bring the number of its offices to 82 by the end of 2008. In total, 15 new regional locations were opened since 1 January 2008 — 6 branches (in Barnaul, Izhevsk, Kaliningrad, Krasnodar,

Rostov-on-Don, and Ulyanovsk), 2 operating offices (in Stariy Oskol and Cheboksary), and

7 supplementary offices (in Bratsk, Voronezh, Moscow, Novosibirsk, Saint Petersburg, and Tolyatti).

“Kirov is a city of great economic potential. Besides, the enterprises located in the city face a deficit of banking products. The launch of NOMOS-BANK’s branch in Kirov will help to increase the volume of the provision of banking services, establish and advance mutually advantageous co-operation with many new organizations while also contributing to the strengthening of the Bank’s positions in the regional market.” — underscores Andrey Yurovskiy, Vice President and Director of the Network Business Department of NOMOS-BANK.

NOMOS-BANK’s branch in Kirov will offer a full range of services for corporate clients and individual customers: classic banking products, investment banking services, high-tech services and private-banking. Kirov’s dynamic economic growth promises high corporate demand for such products on the part of companies and enterprises. In particular, it is expected that there will be very strong demand for small business loans, the Bank’s proprietary complex “Efficient Management of Enterprise’s Liquidity”, as well as for factoring and project finance services, and M&A services. Of interest to private clients will be NOMOS-BANK’s new attractive line of deposits, which includes classic deposits that do not permit adding or withdrawing funds during the term of the deposit; “replenishable” deposit accounts that allow adding funds; ’replenishable/withdrawable’deposit accounts that allow adding and withdrawing funds; as well as progressive deposits.