News

The program of development of regional business Absolut Bank plans before the end of 2004 to open three offices: in Podolsk, Odintsovo and Lyubertsy. In the first quarter of 2005 will open offices in Mytishchi, Queen and Balashikha. All in line with the development strategy for 2004-2005 will be open 22 bank offices in the suburbs.

Absolut Bank's offices in the Moscow area residents will benefit from a full range of banking services, including: mortgage, credit and clearing plastic cards VISA, placing funds in deposits, maintenance of bank accounts.

Given the high needs of the population of Moscow region in the acquisition of housing, Absolut Bank is planning to develop mortgage lending residents of Moscow.

With the opening of Absolut Bank's offices of the company and the Moscow Region will have access to banking services at the highest level. For corporate clients suburbs Absolut Bank is planning to develop a program of lending to small and medium-sized businesses. As the leader of the foreign trade of Russian commercial finance companies, in addition to traditional banking services to corporate clients, the Bank offers exclusive conditions in the financing of foreign trade.

«constantly rising level of economic development and increasing the welfare of the population of Moscow region, determines the need for a broad range of quality banking services. We are confident that the many years of experience successfully working with corporate and private clients will allow the Bank to provide the residents of the Absolute

and banking services to companies of Moscow at the highest level »- said the Chairman of the Board of Absolut Bank, Oleg Kapitonov.

Help Editor:

Absolut Bank is a private Russian bank

Bank was founded in 1993 and has a general license CBR number 2306.

main focus of Absolut Bank is financing and banking services to Russian commercial companies and private individuals.

Absolut Bank has ratings International rating agency Fitch Ratings: long-«B-», short-term «B», the forecast of long-term rating - a stable, individual rating «D», rating support «5», National BB + (rus).

Absolut Bank is a member of the promotion of international trade in the European Bank for Reconstruction and Development.

According to the magazine «Profile» July 1, 2004, the Bank took a 7 on the reliability rating of major Russian banks.

Press Service Bank «Absolut Bank» (JSC)

(095) 935-50-01

Fax: (095) 777-71-60

g . istratova @ absolutbank . ru