OREANDA-NEWS. December 31, 2010. The regional publication “Ekspert-Yug” has published its traditional rating, “The Top 250 Companies in Southern Russia” (No.43, 8.11.2010), and Center-Invest Bank is in 49th place.

Center-Invest Bank is successfully pursuing its strategic mission, which is: to provide our business and retail customers in southern Russia with a comprehensive range of banking services in compliance with international best practice. It is in the economy of the Rostov region that Center-Invest Bank plays the greatest role, accounting for almost three quarters of all the assets, loans and deposits of local banks.

The bank's net profit for Q3 2010 was RUB116.32 million, up 51.5% compared to the same period of last year.

To promote the post-crisis development of southern Russia, Center-Invest Bank has put forward a business model for the modernisation of the region. The model is called “khutor modernisation”. A “khutor” is a small settlement, located far from megalopolises. The key idea is that despite the size and location of these settlements, the people living there are enterprising and determined, and they are capable of resolving their problems independently. The proposed business model is based on the experience of Center-Invest’s customers who have been proactive in implementing modernisation projects, using their own initiative to purchase the best technology from global markets and produce competitive goods in southern Russia for sale on regional and international markets.