Uniastrum Bank Opens Flagship Office in Omsk

Moscow, Russia, October 22, 2011 --(PR.com)-- Suitably located for extra customer convenience, Uniastrum’s flagship office in Omsk has been designed fully in line with the Bank’s new corporate style.

The branch’s interior concept ensures maximum customer comfort and features a spacious service area consisting of two individual sections for retail and business clientele, respectively. The office is equipped with a state-of-the-art teller unit, a separate desk for Unistream money transfer operations, and meeting rooms. Immediately outside the bank entrance a 24-hour ATM has been installed, while inside customers are able to use a self-service terminal.

Uniastrum Bank’s Omsk branch opened in 2005 and today comprises the flagship office on Ordzhonikidze Street and the Dvortsovy neighborhood banking center. Local corporate clients include big companies headquartered in the region, as well as a large number of smaller enterprises. The branch continues to work actively with Omsk region’s small business assistance and development fund. Figures for the first nine months of 2011 show the branch’s SME loan portfolio at Rb 800 mn, up 60% on October 1, 2010. Local confidence in Uniastrum is underscored by the sustained uptrend in retail deposits. As of October 1, 2011 Omsk branch’s time deposit portfolio topped Rb 900 mn.

“Growth in the branch’s headline indicators confirm the Bank’s solid positions in the Omsk region,” notes Eugene Tutkevich, Chairman of the Uniastrum Management Board. “Our ongoing efforts to update our network are geared toward optimizing performance and boosting business volumes going forward.”

CB Uniastrum Bank LLC was established in 1994. Uniastrum is a universal lending institution offering a comprehensive range of financial products and services, with particular focus given to the retail sector and small and medium-sized business. Uniastrum is one of Russia’s Top-30 systemically important banks, as ranked by the Central Bank of the Russian Federation, and places among the country’s Top-20 banks based on the size of its branch network. It is Russia’s 48th largest bank by asset size, 37th by loan portfolio value, 31st by total retail loans, and 11th by overall SME credits, according to figures released by RosBusinessConsulting news agency. Uniastrum’s financial statement for January 1, 2011 showed the Bank’s equity capital standing at Rb 9 bn. Moody’s Investors Service affirmed Uniastrum’s long-term credit rating at Ba3 with a stable outlook, while Moody’s Interfax Rating Agency affirmed its national scale rating at Aa3.ru. Uniastrum is a deposit insurance scheme participant. The Bank’s regional network currently numbers more than 200 offices (including 43 branches) in 48 Russian regions. Since October 31, 2008 Uniastrum Bank has been a member of the Bank of Cyprus Group.

###