OREANDA-NEWS. April 27, 2009. In 2009, Rostovsky branch of Bank ZENIT will commemorate its 5th anniversary. Over this period Bank ZENIT has significantly fortified its positions in the region and joined the list of 20 largest commercial banks of Rostov Region in terms of corporate lending, reported the press-centre of ZENIT.

Today, the clients of Rostovsky branch are the majority of the largest companies in the region. Cooperation with them is not limited to servicing current clients' business and financial operations, working capital lending or raising temporarily uncommitted funds into deposits and bills of exchange of Bank ZENIT, but also comprises joint implementation of long-term investment programs.

Despite the financial crisis, Rostovsky branch of Bank ZENIT accomplished its tasks and made balance sheet profit, amounting to 244 million rubles in 2008. It increased the volume of corporate lending to 1.845 billion rubles (as of December 31, 2008). Private lending grew by 13% to 0.2 billion rubles. In 2008, Rostovsky branch attracted 69 new clients, its client base was renewed by 30% and included 236 operating companies at the end of the year. Turnover of their accounts reached 4.6 billion rubles.

When commenting upon the five-year performance, Managing Director of the Branch Dmitry Gorev said, "We have reached good financial indicators by our fifth anniversary. The branch's activities have become the basis for providing clients in Rostov-on-Don and Rostov Region with a wide range of high-quality services and banking products. I heartily thank our employees for their devoted and highly-professional work, and I am very glad that we may be proud of our results achieved in all our business areas. This has undoubtedly become possible thanks to our professional team who works in the branch and contributes to the success of our bank every day".