History

— JSB “Loubyanka” becomes Commercial Bank (CB) “Loubyanka”

— The first international Nostro correspondent account is opened

— CB “Loubyanka” is renamed OOO CB “Raschetny Obyedinenny Soyuzny Evropeysky Bank”, or in short, OOO “RosEvroBank” (a limited liability company)

— OOO “RosEvroBank” obtains a licence for dealing with private customers, precious metals and becomes a member of the Moscow Stock Exchange

— OOO “RosEvroBank” becomes a member of S.W.I.F.T.

— OOO “RosEvroBank” obtains a licence for dealing on the securities market, a licence for brokerage and one for custody services

— OOO “RosEvroBank's” capital exceeds USD 15 mln.

— The first Branch Office opens in Moscow

— OOO “Rosevrobank” becomes OAO “Rosevrobank” (an open joint-stock company)

— The Bank is granted a General Licence for banking services

— Rosevrobank's capital exceeds USD 40 mln.

— The second Moscow Branch Office opens its doors

— A massive advertising campaign is launched

— The Bank becomes an affiliated member of Europay

— Rosevrobank's capital exceeds USD 50 mln.

—  The Bank ranks among the 70 leading Russian banks in terms of size of own funds

— Rosevrobank's capital exceeds USD 70 mln.

— The Bank moves to new Head Office at 24 Vavilova Street, Moscow

— The Bank starts to develop its international activity

— The Bank opens 4 more Branch Offices in Moscow

— Moody's assigns international B1/NP rating to the Bank

— The Bank is counted among the 20 most reliable Russian banks as per 'Profile' magazine

— Total volume of established credit lines from foreign financial institutions exceeds USD 40 mln.

— The Bank opens its subsidiaries in St. Petersburg and Rostov-on-Don

— The Bank becomes a member of the Depositors' Insurance System

— The Bank now operates 8 Branch Offices in Moscow

— Rosevrobank's capital exceeds USD 110 mln.

— Total volume of unsecured credit lines for documentary operations amounts to USD 74 mln., while limits for ECA-backed transactions are increased to USD 19 mln.

— According to periodic surveys conducted by the business weekly "Profil", the Bank ranks 11th in the list of Russia's safest banks as at 31 December 2004 and steps up to 7th position on 01 April 2005

— In August, Moody's confirms Rosevrobank's B1/NP rating

— KfW grants the Bank an USD 12 mln. 7-year SME lending facility

— The Bank established its 9th office in Moscow

— RosEvroBank's capital exceeds USD 160 mln.

— Total volume of unsecured credit lines for documentary operations amounts to USD 150 mln., while limits for ECA-backed transactions are increased to USD 60 mln.

— In May, Moody's confirmed RosEvroBank's B1/NP rating

— RosEvroBank attracted its second syndicated loan for USD 53 mln.

— RosEvroBank attracted 2-year dual currency syndicated loan for USD 13 million and EUR 16 million (MLA were Landesbank Berlin and VTB Bank (Deutschland)

— Moody’s Investors Service confirmed credit ratings of RosEvroBank

— RosEvroBank maintains 10 offices in Moscow and 4 subsidiaries in regions (Saint-Petersburg, Rostov-on-Don, Novosibirsk, Samara).

— Debut EMTN transaction (LPN for USD 150 million for 18 months, coupon 9% p.a.).

— 12% of shares of RosEvroBank was bought by foreign investors.

— RosEvroBank attracted the forth syndicated loan for USD 45 million.

— RosEvroBank attracted car loans-backed syndicated loan for USD 22 million and USD 20 million loan from National City Bank.

— Moody’s Investors Services confirms credit ratings of RosEvroBank B1/NP and financial strength rating E+.

— RosEvroBank signed RUB 620 million Loan Agreement with EBRD for 5 years. Funds will support RosEvroBank’s SME lending programs.

— RosEvroBank is preparing to be member of EBRD Trade Facilitation Program.

— Equity of RosEvroBank exceeds USD 230 million, assets – USD 1.8 billion.

— RosEvroBank opens regional branches in Novosibirsk and Samara.

— RosEvroBank signed Loan Agreement with the Black Sea Trade and Development Bank for USD 20 million for 6 years. Funds are intended to develop mortgage lending programs of RosEvroBank.

— RosEvroBank attracted syndicated loan for amount USD 22.5 million for 1 year. MLA were Rosemount Global Trade Finance Fund L.P. and National City Bank.

— RosEvroBank continues development of its network – 11 offices in Moscow, 6 regional branches and 14 credit offices in smaller Russian cities.

— RosEvroBank is among 30 leading Russian banks in terms of doing business with corporate customers

— Moody’s Investors Services confirmed credit ratings of RosEvroBank B1/NP and financial strength rating E+

— Second LPN transaction (LPN for USD 80 million for 12 months, coupon is 9% p.a.)

— RosEvroBank attracts its 7th syndicated loan for USD 20 million for 2 years.

— On 30 June RosEvroBank received second loan from EBRD for amount USD 30 million for 5 years (funds are intended to develop SME lending programs of RosEvroBank)

— In August 2008 RosEvroBank received loan from DEG for amount USD 15 million for 7 years. Funds are intended to support export of German agriculture equipment.

— During autumn RosEvroBank maintained excess liquidity in the amount more than USD 450 million, RosEvroBank hot access to liquidity from the Central Bank of Russia but used liquidity window only once.

— On 12 November Moody’s Investors Service confirmed credit ratings of RosEvroBank B1/NP and financial strength rating E+ with the stable outlook