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18 September 2007
Standard Bank celebrates 10 years in Russia
Standard Bank has just celebrated 10 years of business in Russia with a glitzy gala dinner at the Ritz Carlton in Moscow.
Among the guests were clients and business partners of Standard Bank in Russia, and representatives of the Central Bank of Russia.
Honorary guests were The Ambassador of South Africa in Moscow Dr Bheki Langa, Boris Eifman, one of the world?s leading Russian choreographers and Anatoly Karpov, former World Chess Champion.
The evening included a unique performance from several of Russia?s most exciting and upcoming opera talents selected by Larissa Gergieva, Marrinsky Theatre?s Art Director, together with the Bolshoi Theatre Soloists Chamber Orchestra. The performers were introduced by Russian TV presenter Svyatoslav Belza.
Jacko Maree, Chief Executive of Standard Bank Group, addressed the audience saying: ?Standard Bank is committed to Russia and regards it as one of the world?s most important fast developing economies.?
Yury Voicehovsky, President of ZAO Standard Bank, said: ?Standard Bank has exciting plans in Russia and looks forward to servicing its clients at the highest level to achieve further growth in the years ahead.?
About Standard Bank in Russia
Standard Bank opened operations in Russia in 1997 with a Representative Office of Standard Bank Plc in Moscow. In 2002 ZAO Standard Bank was formed, and in 2003 it was granted a corporate banking license.
Standard Bank?s initial reputation in Russia was earned via pioneering transactions in resource banking, structured commodity finance and precious metals trading.
Its focus now is on a wide range of client financing solutions, trading and securitization, and it is developing capabilities in private equity, property finance, asset finance, local debt capital markets and local distribution.
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