In September 2007, EVROPEISKY Bank began depositing the savings portions of citizens' retirement pensions with the Regionfond Non-governmental Pension Fund, one of the ten largest in the country for its reserves and the average amounts of pension payment. At the end of 2006, the profitability of retirement funds invested with Regionfond came to 20.1% annually. As a comparison, the profitability of similar funds managed by the governmental pension fund came to just 5.7%. In addition, the bank offers voluntary individual retirement plans allowing any citizen to save for retirement by investing his or her own assets.

EVROPEISKY Bank has been specializing for a long time in providing services for corporate clients and companies who are actively involved in international trade. The bank plans to invest the experience gained from working in financial markets and the thorough understanding of the needs of its clients in the development of a new service area oriented towards the interests of such groups as senior and middle management, entrepreneurs, foreign businessmen and diplomats.

You can get detailed information about transferring the savings portion of your retirement pensions to the Regionfond pension fund from Elena Renadovna Zaitseva, EVROPEISKY Bank’s Head of the Department for the Development of the Client Base and International Links. Call +7 (4012) 57‑3971. Information can also be got from Ilya Viktorovich Usoltsev, the senior expert of the Department for External Communications and International Links, at telephone number +7 (4012) 90‑9974.

The bank will give presentations for companies who are concerned for the well-being of their employees and, therefore, interested in the development of non-governmental retirement provision.

For your information:

The savings portions of retirement pensions are formed from part of the insurance deductions from wages and have been deposited, since 2002, in personal accounts with the Pension Fund of Russia. These funds are not invested in a common pool and may not be used otherwise than as retirement payments to the owners of the personal accounts. The account holder has the right to dispose of this portion as he or she wishes, and can entrust its management to either the governmental or a private fund. The principal objective of such a decision is to protect the savings portions of retirement pensions from inflation and to increase their value.

Since 2000, the Regionfond Non-governmental Pension Fund (www.regionfund.ru) has been successfully engaged in the sphere of non-governmental retirement pensions. As of the end of 2006, Regionfond was among the largest in the country. On October 16, 2006, the Expert RA rating agency awarded Regionfond a reliability rating of A+.