/ COMPANY PROFILE / HISTORY

1992
Founded as commercial bank “Nezavisimost” by six trade and financial companies

1998
Acquired and re-capitalized by Interros Group, one of the Russa’s largest private investment companies (www.interros.ru)

The name changed to Commercial Bank “ROSBANK”

2000
Acquisition of UNEXIM BANK, formerly the core banking institution of Interros Group, following the restructuring of its obligations to domestic and international creditors

2002
Consolidation of businesses with Bank MFK, another principal banking institution within Interros Group, specialising in investment banking

2003
Debut on international capital markets through a $40 million syndicated loan due in 1 year

Acquisition by Interros group of OVK banking group, the second largest domestic network, aimed at integration of ROSBANK and OVK business.

2004
New medium-term strategy for 2004-2008 approved by the Board of Directors. Securutisation of future flow receiveables under credit cards for $300 million - first of its kind transaction debt-rasing out of Russian banking sector.

2005

Integration of OVK banking group into ROSBANK completed.

2006

In June French bank Societe Generale acquired a 10% minority stake in ROSBANK. In September 2006 Societe Generale increased it’s share in capital of ROSBANK to 20%.