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Vozrozhdenie Bank received the 2d tranche of the 1bn worth subordinate deposit raised within an agreement signed in July 2012, the Bank informed.

The rate is set at 9.25%; the credit period covers 8 years. The raised funds will be included into the 2d level capital.

Vozrozhdenie Bank was founded in 1991. It is included into the 30-list of the largest Russian banks. The share capital is equal to 250.432mln rub. It has 158 offices in 21 regions of Russia and 1.6mln private and 62ths corporate clients.

The 2011-net profit (IAS) increased 2.7 fold to 1.6bn rub.
The 9-month 2012 net profit (IAS) rallied up 59.8% to 1.8bn rub.

The 9-month 2012 net profit (RAS) moved up 1.6 fold to 1.898bn rub.

"AK&M", 17:00, 09.01.2013 1251 AKM,BNK