RRDB guarantees secured by loans of the Bank of Russia

Moscow, 20 May. The Russian Regional Development Bank has been once again recognized as a credit institution the guarantees of which may be accepted as security for loans of the Bank of Russia. The Department of External and Public Relations of the Central Bank of Russia has published a list of such banks.

This prestigious list of the Bank of Russia includes 61 Russian credit institutions as of 12 May 2010. RRDB is ranked 13th in this list.

RRDB stable position on the market of financial services has been repeatedly confirmed in official documents from the main regulatory body. RRDB is thus a participant in non-collateral auctions for placement of funds held by the Bank of Russia. RRDB corporate bonds are included in the Lombard List of the Central Bank and other domestic credit institutions may appeal to Lombard credits of the Bank of Russia.