RRDB high reliability confirmed by the annual survey of Forbes Magazine

Moscow, 23 March. As of the end of 2009, the Russian Regional Development Bank has kept its position among the 100 largest leading Russian credit institutions in terms of reliability. RRDB ranked 29 in the prestigious rating of Forbes Magazine.

Forbes broke down in several groups the first one hundred banks in terms of their assets and reliability based on the ratings of the most authoritative international rating agencies such as Moody’s, Fitch, S&P. According to the magazine rating, RRDB is in the second strongest group with a four-star grade. RRDB is also in 75^thth in terms of profitability, in the 56^th place in terms of funds invested by individuals, and finally in 120^th position in the Forbes rating in terms of assets, in position 70 position in terms of amount of capital.

Forbes Magazine has consistently ranked RRDB among the most reliable banks in Russia over the last few years noting that the Oil Company Rosneft is the main shareholder of the Bank.