JSCB Moscow Industrial Bank

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JSCB Moscow Industrial Bank
5 Ordzhonikidze str., 115419 Moscow, Russia Tel.
7 [phone], 232-1392 Fax 7(495)
952-6927 E-mail corr_at_minbank.ru
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Branches
JSCB "Moscow Industrial bank" possesses a wide
range of branches in the European part of Russia,
in particular, in Moscow and the Moscow Region,
St. Petersburg, North-West region, the Stavropol
Area, Archangelsk, Astrakhan, Belgorod, Vladimir,
Voronezh, Orel, Yaroslavl, Rostov-on-Don,
Volgograd region, Northern Ossetia, the
Kabardin-Balkar and Karachaevo-Cherkessk
Republics. Since November 1998 we are also
represented in EU-countries. In total, as of 1
January 2008 the Bank has maintained 154
operational offices in nineteen constituencies of
the Russian Federation.
The multi-profile network of branches differing
in resources and powers, but operating on the
single platform and database enables the Bank to
diversify services for a variety of clients.
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Clients
Dynamics of growing corporate customer base
(thousand clients)
Improved customer banking and marketing
technologies enabled the Bank to build up a
significant corporate customer base of over 62
thousand clients.
Industrial and commercial companies represent the
core of the customers' base. JSCB "Moscow
Industrial Bank" acts on the basis of a General
License 912 granted by the Bank of Russia,
which permits us to execute all types of banking
transactions. Thus, we are engaged in loan
granting, retail banking, settlements of payment,
credit cards issuance, project and trade
financing, trade promotion, securities trading
and custody services, international settlements,
etc. However, the major activity of our Bank is
servicing and granting loans to the "real sector
of economy", i.e. to manufacturing companies.
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Individuals deposits
The volume of the individuals deposits has
essentially increased the year-over-year balance
sheet currency has grown to RUB 20,7 billion at 1
January 2008 (RUB 12,9 billion at 1.01.07).
2008 data for balance sheet given with
accordance to the Russian standards of financial
accounting
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Since 1997 JSCB "Moscow Industrial Bank" is
privileged by the State Customs Committee of the
Russian Federation to act as a guarantor before
Russian customs authorities and by the Government
of the city of Moscow to act as an "authorised",
i.e. official bank for different programs on the
territory of Moscow city. For the time being, our
Bank is a member of MICEX, Association of Russian
banks, Transport Banks' Association, Interbank
Financial House, etc. As well we participate in
various programs organized by the World Bank and
EBRD, such as Financial Institutions Development
Program, Enterprises Support Program, etc.
Traditionally, the Banks strategic lines of
business included funding to the real sector of
the economy through a variety of financial
instruments, corporate and individual deposits,
payments in Russia and abroad, currency exchange
operations and those in government and corporate
securities, bonds of the Bank of Russia and
plastic card operations.
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 The volume of the Banks operations has
essentially increased the year-over-year balance
sheet currency has grown to RUB 61 billion at 1
January 2008 (RUB 43,1 billion at 1.01.07).
Dynamics of balance sheet currency growth (in
RUB billions)

2008 data for balance sheet given with
accordance to the Russian standards of financial
accounting
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Asset structure 2007
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Capital
Dynamics of capital growth (in RUB
billions)
At the end of year 2007 the capital increased by
700 million rubles and amounted to 7,2 billion
rubles.
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Loan Operations

Loans made available to domestic manufacturers
have as never before shown the Banks efforts and
capabilities to support the real sector of the
economy. At 1 January 2008 the Banks loan
portfolio was valued at RUB 37.8 billion and
grown by RUB 12.9 billion.
Dynamics of loan portfolio growth (in RUB
billions)
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Financial Results
Financial Results
Dynamics of growth in the Banks profit (in RUB
millions)
At 01.01.2008 the Bank reported the balance
sheet profit of RUB 1319 million.  
2008 data for profit given with accordance to
the Russian standards of financial accounting
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Money Market Operations
In 2007 the Bank continued to expand
cooperation with Russian and foreign financial
institutions. At present 25 banks are among the
Banks counterparties in conversion operations
and inter-bank loans. It is necessary to note
the increase in limits opened to the Bank by both
Russian and foreign banks. To maintain
documentary transactions and project financing,
in 2007 major lines of credit were opened by
foreign correspondent banks. Bank continues to
cooperate with foreign state insurance companies
for covering export risk deliveries to Russia,
such as the German HERMES, the Spanish SESCE,
the Czech EGAP, the Polish KUKE, the Italian
SACE, the Austrian OEKB and the American
USEXIMBANK. Turnover of customers
import-export operations serviced by the Bank has
raised to more than USD 2.8 billion.

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Retail Banking
In 2007 MInB promoted retail banking to a
high-profile line of business. Over the year
retail banking developed into a new, promising
business. The Bank has developed a competitive
unified range of products or services to
individuals, an effective system of cross-sales
and embarked on work to optimize structure of
retail subdivisions in the Banks branches and
branch offices, improved selling strategy for
banking products (pricing policy, distribution
channels, analysis and assessment of results,
etc.), electronic banking technologies and
engaged in establishing banking
self-services. The Bank increased the issue of
its cards by 49 percent over the year, the
quantity of active cards grew from 195.2 thousand
up to 269.5 thousand.
Dynamics of growth in issue of the Banks plastic
cards (in thousands)
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Bank securities
Transactions on the stock market are one of the
primary areas of the Moscow Industrial Bank. The
bank holds license for operating professionally
on the stock market including brokerage services,
dealing and depositary activities. The Bank is
also a member of the National Stock Association
and member of Moscow Interbank Currency Exchange
(MICEX).   Moscow Industrial Bank presents to its
customers the following services on the stock
market   Brokerage services on the market of
government securities Brokerage services on the
market of non-government securities (such as
municipal, sub-federal, corporate bonds and
shares that presented on the MICEX Brokerage
services of promissory notes and bonds that are
not presented on the MICEX.    
Securities portfolio amounted to 5,5 billion
rubles
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It is worth noting that most of the buildings
where located our regional and Moscow branches
are owned by JSCB Moscow Industrial bank, which
on one hand in the real estate market where the
prices are constantly rising is profitable
investment that also does not require us to carry
rent expenses and on the other hand is evidencing
about our stable position and long-term future
prospects.
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Investment projects
Kupechesky Dvor in Rostov-on-Don is a landmark
project of the Construction Company Pleyada
financed by the Moscow Industrial Bank. As
compared with other Rostov business centers, it
is notable not only for a well-suited location in
the historical centre of the city, but also for
its eye-catching appearance harmoniously
combining hi-tech and classicism styles. The
classical facade of the building preserves and
revives the spirit of the old Rostov with its
private residences of merchants. In addition,
high-rise towers with panoramic glassing as if
soaring above the area will provide owners of
local offices not only with comfort and hi-tech
working environment, but also please with
surprisingly beautiful Rostov and the Don River
views. The project was enthusiastically welcomed
by the city, experiencing the shortage of modern
high-quality office premises. It is a
multipurpose high-class estate with all-inclusive
infrastructure of 31.6 thousand sq. m, including
18.6 thousand sq. m of the useful floor space,
and an underground parking.
The Construction Company Pleyada OOO started
construction of 3 monolithic frame apartment
houses of individual design with a total space of
more than 60 thousand sq. m. A 3-year
construction program is financed by the Moscow
Industrial Bank. A residential estate Krasny
Gorod-Sad with its non-standard layout and
unique architecture will enliven the city
skyline. It will be a beautiful high-quality
modern development, offering all creature
comforts to its tenants, including three
15-storied residential houses to be built with
the use of up-to-date construction technologies
monolithic frame design of buildings,
energy-saving glassing, stand-alone roof boilers,
etc. Buildings will include a spacious multilevel
underground parking for tenants ground floors
will locate various infrastructural facilities.
The adjacent area will be used for children's
playgrounds.
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Investment projects
In 2005 the Moscow Industrial Bank started to
finance the construction of a 57 ha
administrative and housing estate "Volgograd
City" in the Central District of Volgograd by the
Company InvestStroy OOO. An estate will
accommodate 1 million sq. m of housing, offices
and shops. Under the investment agreement 10 of
the total commissioned facilities will be
transferred free of charge to the Volgograd
Administration. Removal of shabby houses will
enable to meet objectives of comprehensive
development, including residential, office,
cultural and social facilities. The Volgograd
City construction program will start with a
100-meter high A class business center, a
27-storied building occupying 9172 sq. m (total
space of 52865 sq. m), accommodating offices, a
fitness center, a hotel, public catering
facilities, etc. The project will effectively
change a social infrastructure of the Central
District and remove from the cultural and
historical centre of the city a number of
administrative buildings. The first stage of
"Volgograd City" including 14 facilities will be
commissioned in 2009. During the next 4 years a
12.4 ha site will be developed. It will
accommodate 20-22-storied 5 residential houses
totaling 150000 sq. m, 100000 sq. m. of office
and shopping premises and 50000 sq. m of social
facilities. In addition, a residential
neighborhood will be provided with a new
engineering infrastructure.
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Reference Information
Full Name Joint-Stock Commercial Bank Moscow
Industrial Bank (Open Joint-Stock Company)Short
Name MInB OAO Head Offices address 115419
Moscow, Russia, 5 Ordzhonikidze Ul.
Telephone[phone] Fax [phone] E-mail
corr_at_minbank.ru Telex 113344 PANK RUSWIFT
MINN RU MMInternet www.minbank.ru Correspondent
Account 30101810300000000600 with OPERU of
Moscow GTU of the Bank of RussiaBIC
044525600IIN 7725039953KPP 997950001??VED
Code 65.12??P? Code 09317135