Corporate Banking
Corporate Banking
Corporate Banking
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Foreword of the Chairman<br />
of the Management Board<br />
Managing Bodies of ROSBANK<br />
Ladies and Gentlemen!<br />
In 2006, macroeconomic stability in Russia encouraged further expansion of the banking sector.<br />
The results of the past year clearly demonstrate the potential for banking to act as a key driver in sustaining<br />
economic growth in the country.<br />
The reporting year can be considered successful for ROSBANK: the Bank’s equity grew 23.4%, the<br />
Group’s consolidated assets totaled RUR 293 billion. Practically all of our targets were effectively met. The<br />
Bank continued on-going development as a universal financial institution holding a unique position in the<br />
market.<br />
In corporate banking, the traditional field for ROSBANK, we focused on providing services to companies<br />
in telecommunications, electric power, metals, oil and gas industries and trade. Our corporate portfolio totaled<br />
RUR 84.6 billion. In retail banking, our efforts resulted in continued growth of client deposits, and our<br />
loan portfolio increased 47.5%. We retained our leading position in the car loan market, doubled the share<br />
of general loans in our portfolio, and increased mortgage loans eightfold. In 2006, our SME loan portfolio<br />
grew 3.6 times. Our multilevel risk assessment system ensured an overall good quality of loans. In 2006,<br />
we completed the formation of an in-house debt collection agency, which currently operates in the most<br />
important regions of Russia.<br />
We continued to optimize the structure and geography of our extensive regional branch network with<br />
a focus on operating efficiency and cutting non-productive costs. Although several bank offices were closed,<br />
ROSBANK opened 43 new offices, thereby expanding market proliferation to Tatarstan, Bashkortostan and<br />
throughout the Moscow Region.<br />
In 2006, the Bank considerably improved its management system, including changes in administrative<br />
management, implementing a KPI system for branch office performance assessment.<br />
Finally, the major event of 2006 was the change in ROSBANK ownership structure with Societe Generale<br />
becoming a new shareholder of the Bank. Our cooperation with one of the world’s largest financial groups<br />
extends our horizons, providing us opportunities to tap key international capital markets and gain exposure<br />
to developments in banking technology, IT systems, risk management and financial planning. Our strategic<br />
partnership with Societe Generale has encouraged leading international rating agencies, Standard & Poor’s,<br />
Moody’s Investors Service and Fitch Ratings to upgrade their ratings and forecasts for ROSBANK.<br />
In recognition of our 2006 achievements, The Banker (an authoritative Financial Times magazine)<br />
named ROSBANK the Bank of the Year in Russia.<br />
Now we look forward to strenuous but interesting efforts towards achieving our strategic goals. Our key<br />
objectives include ensuring well-balanced growth, maintaining a reasonable return on equity, and providing<br />
quality services to our partners and clients. I strongly believe that our banking team will succeed with<br />
all of these tasks.<br />
I would like to thank all personnel of ROSBANK for their professional competence, dedication and strong<br />
team spirit. I am also grateful to the shareholders, clients and partners and believe that we will continue to<br />
enjoy their support and confidence.<br />
Board of Directors<br />
Chairman of the Board of Directors<br />
Andrey A. Klishas<br />
General Director,<br />
Chairman of the Board of Management of Interros<br />
Holding Company<br />
Deputy Chairman of the Board<br />
of Directors<br />
Georgy V. Zabolotskiy<br />
First Vice President of ROSBANK,<br />
General Director of LLC “Fincom – Investments and<br />
Management”<br />
Members of the Board of Directors<br />
Andrey E. Bugrov<br />
Managing Director, Interros<br />
Alexander V. Popov<br />
Chairman of the Management Board<br />
Jean-Louis Mattei<br />
Head of International Retail <strong>Banking</strong>, Societe Generale<br />
Philippe Citerne<br />
Director and Co-Chief Executive Officer, Societe<br />
Generale<br />
Mukhadin A. Eskindarov<br />
Rector of the Finance Academy of the Government of<br />
the Russian Federation<br />
Martin Gilman<br />
Independent Director<br />
Management Board<br />
Chairman<br />
of the Management Board<br />
Alexander V. Popov<br />
Members<br />
of the Management Board<br />
Vladimir Yu. Golubkov<br />
First Deputy Chairman<br />
Guerman R. Aliev<br />
Deputy Chairman<br />
Igor S. Antonov<br />
Deputy Chairman<br />
Olesya V. Afanasyeva<br />
Deputy Chairman<br />
Alexander V. Vedernikov<br />
Deputy Chairman<br />
Larisa R. Dolotova<br />
Deputy Chairman<br />
Mikhail S. Kiselev<br />
Deputy Chairman<br />
Sergey A. Koshelenko<br />
Deputy Chairman<br />
Oksana V. Lifar<br />
Deputy Chairman<br />
Olga A. Ryabova<br />
Deputy Chairman<br />
Chairman of the Board<br />
Alexander Popov<br />
Allan Hirst<br />
Independent Director<br />
Maxim E. Frolov<br />
Deputy Chairman
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