CPB

The Commercial Joint Stock Bank "CREDIT PROGRAM BANK"

The Commercial Joint Stock Bank "CREDIT PROGRAM BANK" is a private multidisciplinary financial and credit institutions included in the top ten of the banking systems. Despite of the short duration of work in the market - since 2009 - "CREDIT PROGRAM BANK" shows record levels of profitability and growth in the branch network due to the integrated management of the tangible and intangible assets of the largest shareholders , the holding company «Greenlight» (47%) and the French banking group “Societe Generale” (12%).

The specialization of the bank is provision of high quality services to all the categories of private and corporate clients. More than 1 million individuals, more than 200,000 corporate clients use the services of the bank.

CREDIT PROGRAM BANK conducts an active policy of expanding the branch network and participates in the opening of independent banking units. The bank branches are located throughout the world, there were subsidiaries opened in Switzerland - CREDIT PROGRAM BANK (Switzerland), Luxembourg - CREDIT PROGRAM BANK (Luxemburg) and Indonesia UMK CREDIT program Bank National Indonesia (BNI). The share of the CREDIT PROGRAM BANK capital in the share capital of the subsidiary banks in all cases is more than 51% of the shares.

CREDIT PROGRAM BANK takes one of the first places in the world in terms of corporate lending and in corporate clients' deposits among private banks; it is the market leader for auto loans and mortgage lending. On the 1st of January 2011 the volume of the loans to the private clients of the Bank amounted to 900 million USD, the aggregate amount of the deposits of individuals is 1 billion 285 million USD.

The Bank focuses on supporting the development of the small and medium-sized businesses and services the representatives of this sector of economy in accordance with the "Program for loyalty and support of the small and medium-sized businesses."

In the area of large corporate business, CREDIT PROGRAM BANK even today claims to be the leader, servicing more than 5300 representatives of the large global business.

The established business connections with the global financial and credit institutions provide the opportunity, under the favorable conditions, to make the payments of the clients, to effectively attract new resources and to manage the own liquidity. In June 2009, the Bank has successfully implemented a project to deploy the securitized Eurobonds for the amount of $ 90 million USD for a period of 3 years and in September 2009 has started a five-year program of mid-term Eurobonds with the total amount of 350 million USD. In March 2010, CREDIT PROGRAM BANK has signed the agreement with the European Bank for Reconstruction and Development on the provision of the syndicated loan for the amount of 105 million USD.

The correspondent network of the CREDIT PROGRAM BANK includes: Credit Suisse First Boston, Bank of Tokyo-Mitsubishi, Bank of New York, Commerzbank, H5BC Bank USA, Sampo Bank, IntesaBG, Nordea Bank Norge A. SA and other banks of high category.

The credit rating of the CREDIT PROGRAM BANK was evaluated by three major international agencies: Moody's, Standard & Poor's and Fitch.

In the published magazine “The Banker” (July 2010) according to the ranking of the largest banks in the world in terms of the tier one capital, CREDIT PROGRAM BANK took the 318th place.

About Us

As at the 1st of July 2010 the equity of the CREDIT PROGRAM BANK was 415.89 million USD and the total assets was equal to 1 billion 769.16 million USD. The composition of the largest shareholders of the CREDIT PROGRAM BANK includes the holding company «Greenlight» (47%) and the French banking group “Societe Generale” (12%).

The remaining 41% of the shares are distributed between the private and consolidated shareholders. The own network of the subsidiaries of the Commercial Joint Stock Bank " CREDIT PROGRAM BANK " includes the subsidiaries in Switzerland - CREDIT PROGRAM BANK (Switzerland), Luxembourg - CREDIT PROGRAM BANK (Luxemburg) and Indonesia UMK CREDIT program Bank Nasional Indonesia (BNI). The developed branch network allows servicing private and corporate clients under the unified conditions throughout the world.

The profit of the Commercial Joint Stock Bank "CREDIT PROGRAM BANK " is extracted through the bank finance and credit operations when working with private clients and the corporate sector, the interbank foreign exchange speculation.

To date, the corporation or the individual has the possibility to become the owner of the shares of the Commercial Joint Stock Bank "CREDIT PROGRAM BANK " on general grounds:

• The minimum unit of sale is 1 stake, which includes the allocated assets of the whole holding;
• The operations with the purchase and sale of the shares are open (not limited by the interval);
• The shares can be bought and sold directly in the investment department of the Commercial Joint Stock Bank "CREDIT PROGRAM BANK", and at the public auctions.

The payments of profits to the investors are made annually after the evaluation of the annual totals. The investment security is provided by the natural assets of the Bank and by the overall attracted assets.

The priority activity of the Bank includes the corporate and personal investment-banking services, work with the wealthy private clients. "CREDIT PROGRAM BANK" is among 20 recognized market leaders in corporate banking and its regional network, providing financial services for small and medium-sized businesses, as to its branching is the ninth in the world. A wide network of sales of the bank products and services is an important competitive advantage of the Bank. This includes more than 400 service points worldwide, including 39 European offices and 40 offices in the U.S. and Canada. The CREDIT PROGRAM BANK affiliates operate in most of the developed countries and regions.