1. Presentation
November 2008

2. B.I.N.BANK AT A GLANCE B.I.N.BANK AT A GLANCE December 31, 2005
Full service bank with the focus on SME and retail business
Established in 1993
Strong regional presence –115 branches and outlets covering regions with more than 90% of total GDP
High quality of the loan portfolio and conservative risk management
One of the most transparent Russian banks according to Standard & Poor's Transparency and Disclosure Survey (2nd – 2006 and 6th – 2007)
IRFS accounts audited since 1995 (PWC, Deloitte)
In Top-50 Russian private banks with a clear strategy to be amongst 40 largest by 2009
According to adopted Strategy till 2011 the Bank’s Total Assets will double
(In billion roubles)
December 31, 2005
December 31, 2006
December 31, 2007
September 30, 2008
September 30, 2007
Assets
38 (USD 1,5 bln.)
57(USD 2,3 bln.)
64,3 (USD 2,6 bln.)
66,9 (USD 2,7 bln.)
Capital
6,7 (USD 272 mln.)
7,2 (USD 292 mln. )
8,4 (USD 341 mln.)
8,76 (USD 356 mln.)
Loans to customers
23,3 (USD 947 mln.)
38,6 (USD 1,5 bln.)
38,7 (USD 1,6 bln.)
42,3 (USD 1,72 bln.)
Net profit
0,3 (USD 12 mln.)
0,4 (USD 16 mln.)
1,3 (USD 53 mln.)
0,358 (USD 14 mln.)
0,961 (USD 39 mln.)
ROE 7%
5,64%
16,1%
ROA
1,2%
0,8% 2%
Cost to income ratio
75%
82,6%
69,6%
CAR (Tier I)
23,5%
15,4%
14,5%
Branch network 21 64
118
*Converted here and throughout the presentation at USD/RUB rate of 24.60

3. Ultimate shareholders
OWNERSHIP
OWNERSHIP
Ownership structure
 Legal shareholders
Share
31 June 2008
31 December 2008
LLC "TradeWest"
87.07%
19.99%
LLC "UK BIN-Bank"
8.92%
0.00%
Envikey-Emcy Investment Limited
3.23% -
LLC "Business Centre "Zubarevsky"
17.88%
CJSC "Chaika Plaza"
9.20%
GNK "TITON"
CJSC "Universal Assets"
OJSC "IK Nadezhnost"
LLC "Spetspromavtomatika"
2.96%
CJSC "PFK BIN"
CJSC "Rossiysky Neftyanoy Export"
2.93%
Others
0.78%
0.87%
Total
100.00%
Ultimate shareholders
Share
Shishkhanov Mikail Osmanovich
(Beneficail owner)
99.22%
87.07%
Gutseriev Sait-Salam Safarbekovich -
6.19%
Other
0.78%
6.74%
 Total
100.00%

4. Operating and financial
BUSINESS AND FINANCIAL HIGHLIGHTS
ACHIEVEMENTS IN 2007 AND 2008
Total assets of the Bank have increased by 13% as compared with 31 December (RUB 64,3 bln. Vs. RUB 57 bln.).
Operating income grew by 76% and as of 31 December amounted to RUB 5,7 bln. ( RUB 3,2 bln.).
Net profit for 2007 has more than tripled (increased by 225%) and amounted to RUB 1,3 bln. against RUB 0.4 bln. in 2006.
Net interest income as of 31 December 2007 significantly increased and constituted RUB 3 bln. vs. RUB 1,7 bln. as of 31 December 2006.
Total equity has also increased more than 17% and comprised RUB 8,4 bln.
Operating and financial
performance in 2007
The Bank has stable position notwithstanding the market disruption which occurred in September. The Bank has successfully mobilized its financial and human resources and showed decent result in the 3rd quarter of 2008.
Total assets increased up to RUB 66,9 bn. from RUB 64,3 bn. as of December 31,
Net profit comprised RUB 358 mln. and was mostly pressured by the Bank’s measures to accumulate substantial liquidity reserve as well as increased operating expenses.
Loans to customers increased by 9% and comprised RUB 42,3 bn. versus RUB 38,7 bn. as of December 31, 2007.
Operating and financial
performance
in 3Q2008

5. CREDIT RATINGS HAVE ROOM FOR IMPROVEMENT…
BUSINESS AND FINANCIAL HIGHLIGHTS
CREDIT RATINGS HAVE ROOM FOR IMPROVEMENT…
International credit ratings:
STANDARD&POOR’S
FitchRatings
Long-term credit rating B
B -
Short-term credit rating C B
Outlook
Negative
Stable
Long-term National rating
BBB (rus)
BB (rus)
Ratings reflect high capitalisation, recent strong growth in the Bank’s customer funding base, its strong liquidity position and its low level of market risk compared with many CIS banks. Recent outlook downgrade by S&P evidences of the total tense situation in international financial market which makes rating agencies be wary of Russian banking system as a whole.
National ratings:
RusRATING
National ratings:
Moody’s Interfax
Short-term credit rating
BB+
Long-term credit rating
A3.ru
Outlook
Stable
…BUT TRANSPARENCY STANDARDS ARE ON THE HIGHEST LEVEL
STANDARD&POOR’S
STANDARD&POOR’S
6-th place among Russian Banks by Transparency
( Oct’ 2007)
2-nd place among Russian Banks by Transparency
( Oct’ 2006)
According to CBR ranking as of October 1, 2008 B.I.N. BANK is included in TOP-30 Russian major banks which keeps its stable market position under conditions of the present economic instability.

6. BRANCH NETWORK IS GROWING IN HIGH GEAR
BUSINESS AND FINANCIAL HIGHLIGHTS
BRANCH NETWORK IS GROWING IN HIGH GEAR
In the Bank’s branch network has significantly expanded from 64 up to 115 outlets. Currently the network includes 19 sub branches in Moscow, 52 sub branches in regions, 29 branches, 6 rep offices and 9 operating and currency exchange points.
In October 2007 a well-known Russian business journal “Company” awarded the Bank with a nomination of “The most dynamic bank of the year” for active development of the regional network.
Modern banking technologies allow the Bank to expand its branch network without loss in control, management and information flow efficiency.

7. ASSETS’ GROWTH PROVES STABLE
BUSINESS AND FINANCIAL HIGHLIGHTS
ASSETS’ GROWTH PROVES STABLE
Assets
Mln rub.
Mln rub.
As of January 01, 2012 the Bank will achieve the following figures:
Net assets – RUB 150 bln.
ROA – 2%
ROE – 13.5%

8. LOAN PORTFOLIO MAINTAINS PRIME QUALITY
BUSINESS AND FINANCIAL HIGHLIGHTS
LOAN PORTFOLIO MAINTAINS PRIME QUALITY
Mln rub.
Loan portfolio
Loan portfolio (loans to customers) of the Bank as of 30 September 2008 amounted to RUB 42,3 bln.
Share of NPLs in the structure of the loan portfolio is quite moderate - about 3.99%. Growth of NPLs against the end of 2007 (about 1%) is related to the increased share of retail business.
In 2009 The Bank expects further growth of the loan portfolio up to RUB 70 bln.
Loan portfolio forecast
(unconsolidated IAS)
Mln rub.

9. LOAN PORTFOLIO IS DIVERSIFIED AND WELL BALANCED
BUSINESS AND FINANCIAL HIGHLIGHTS
LOAN PORTFOLIO IS DIVERSIFIED AND WELL BALANCED
Loan portfolio industry concentration
Q32008
2007
The level of real estate industry concentration continues to decrease and makes the loan portfolio more adjusted.
In the beginning of 2009 share of individuals in the loan portfolio will reach 40%.

10. LOAN PORTFOLIO DIVERSIFICATION AMONG REGIONS
BUSINESS AND FINANCIAL HIGHLIGHTS
LOAN PORTFOLIO DIVERSIFICATION AMONG REGIONS
In 2007 the share of regions in the total loan portfolio doubled. In 2008 the regional share has also increased demonstrating the further expansion of the Bank’s network.

11. RETAIL LOAN PORTFOLIO TENDS TO FURTHER GROWTH
BUSINESS AND FINANCIAL HIGHLIGHTS
RETAIL LOAN PORTFOLIO TENDS TO FURTHER GROWTH
RETAIL LOAN PORTFOLIO STRUCTURE
Retail loan portfolio of the Bank as of 30 September exceeded RUB 15 bln. (against RUB 12 bln. as of 31 December 2007).
Total share of retail business in loan portfolio reached 34% compared with 30% at the beginning of the year.
The major part of loans are to be approved according to the scoring system – Transact SM developed by Experian Decision Analytics.

12. Concentration by largest borrowers Related parties lending
BUSINESS AND FINANCIAL HIGHLIGHTS
CONCENTRATION BY LARGEST BORROWERS
AND DECREASE OF RELATED PARTY LENDING
Concentration by largest borrowers
Credit risk exposure is moderate (about 3.99% of the total loan portfolio as at 30 September 2008)
Related parties lending
NPL/total loan portfolio

13. LIABILITIES HAVE PROGRESSED…
BUSINESS AND FINANCIAL HIGHLIGHTS
LIABILITIES HAVE PROGRESSED…
Liabilities
Liabilities structure as at 30 September 2008
Mln rub.
Period
WITH THE FOCUS ON CUSTOMER ACCOUNTS

14. EQUITY CONTRIBUTION – PRIMARY TASK HAS BEEN SUCCESSFULLY IMPLEMENTED
BUSINESS AND FINANCIAL HIGHLIGHTS
EQUITY CONTRIBUTION – PRIMARY TASK HAS BEEN SUCCESSFULLY IMPLEMENTED
Mln rub.
Mln rub.
Equity
As of the 1st August 2008 the Bank has raised and registered in the Central Bank of Russia a 10-year US$100 mln. subordinated loan from the major shareholder Mikail Shishkhanov in the form of Tier II capital .
100% capitalization of dividends.
Period
As of September 30, 2008 the Bank’s equity has increased by 4% compared to December 31, 2007.

15. NET PROFIT DYNAMICS BUSINESS AND FINANCIAL HIGHLIGHTS
In 2007 net profit of the Bank has more than tripled compared with the figure of Mostly, the Bank has benefited from the expanded branch network.
Mln rub.
Period
As at 30 September 2008 net profit comprised RUB 358 mln. and was mostly pressured by the Bank’s measures to accumulate substantial liquidity reserve as well as increased operating expenses. Operating expenses have grown in proportion to increased personnel recruitment in relation with massive branch network expansion. Nevertheless, we consider the Bank’s result positive under current market conditions and its liquidity position is one of the most solid among the market peers.

16. INTERNATIONAL CAPITAL MARKET ACCESS SHOWED THE RESULTS…
BUSINESS AND FINANCIAL HIGHLIGHTS
INTERNATIONAL CAPITAL MARKET ACCESS SHOWED THE RESULTS…
During several tranches under LPN private placement program (total amount is about USD 36 mln.) Last tranche was repaid in June 2008.
In March 2007 the Bank extended and increased the syndicated trade-related loan from USD 40 mln. up to USD 52 mln. Tenor – 1 year. MLAs – LandesBank Berlin AG, Raiffeisen Zentralbank Osterreich AG&JSC VTB (Repaid in April 2008 )
In May 2007 the Bank redeemed USD 100 mln. (put option) of its Eurobond placement (amount USD 200 mln. with coupon 9.5% and tenor – 3 years). MLAs – Merrill Lynch and Commerzbank Capital Markets AG.
In August 2008 Bank raised new USD 27 mln. Syndication (1 year, at LIBOR + 2.5%). MLAs- LandesBank Berlin AG, JSC VTB
Existing debt financing maturity
2009
2010
2011
$100 mln. (May)
$27 mln. (August)
…AND WILL BE EXPANDED IN
Syndicated loans (about USD mln., denominated in US dollars and rubles, 1-2 years)
Eurobonds (Exchange option/New issue/New Programme, USD 150 mln., 3-5 years)
PLANNED
PROGRAMS
RUB bonds (1-3 bln., years)
STN/CLN, Structured products, private placements, bilateral facilities
(USD 50 – 150 mln., 1 year-2 years)

17. TRADE FINANCE IS OUR STRONG POINT
BUSINESS AND FINANCIAL HIGHLIGHTS
TRADE FINANCE IS OUR STRONG POINT
Throughout 2007 and 9m of 2008 the Bank has progressed in its trade finance operations.
As of November 2008 total volume of guarantees and L/Cs of B.I.N.BANK confirmed by major international financial institutions is about
USD 130,78 mln.
The Bank realized a number of long-term trade transactions related to import deliveries of goods & equipment under ECAs cover.
As of 3Q 2008 total volume of the deals exceeds
USD 90 mln.
In 2008 the Bank expands its trade finance activity and continues establishing cooperation with banks and ECAs from countries of Northern Europe, Middle East and Asia-Pacific Region.

18. CURRENT TRADE FINANCE TRANSACTIONS
BUSINESS AND FINANCIAL HIGHLIGHTS
CURRENT TRADE FINANCE TRANSACTIONS
Guarantees and Letters of Credit issued by B.I.N.BANK are being confirmed by major international financial institutions, that have granted clean credit lines for Trade Finance operations for B.I.N.BANK such as:
American Express Bank Ltd. USA) Kazkommertsbank (Kazakhstan)
Banca Agricola Mantovana (Italy) Landesbank Berlin AG (Germany),
Banque de Commerce et de Placements (Switzerland) RZB-Austria AG (Austria)
Bank Austria Creditanstalt AG (Austria), VTB Bank (Austria) AG (Austria)
Bayerische Hypo- und Vereinsbank AG (Germany) UBS AG (Switzerland), etc.
Commerzbank AG (Germany)
Total current volume exceeds USD 130,78 Mln.
MAIN CLEARING and FX/MM PARTNER-BANKS
Agricultural Bank of China (China)
American Express Bank Ltd. (USA)
American Express Bank GmbH. (Germany)
Belvnesheconombank (Belarus)
Bank TuranAlem (Kazakhstan)
Banque de Commerce et de Placements (Switzerland)
Commerzbank AG (Germany)
ING Belgium SA/NV (Belgium)
Kazkommertsbank (Kazakhstan)
Privatbank (Ukraine)
RZB-Austria AG (Austria)
Sberbank (Russia)
Standard Chartered Bank (UK)
Vnesheconombank (Russia)
VTB (Russia)
VTB Bank (Austria) AG (Austria)
VTB Bank (Deutschland) AG
UBS AG (Switzerland)
UBS AG (USA)

19. LONG- TERM FINANCE BUSINESS AND FINANCIAL HIGHLIGHTS
Long-term financing of import of equipment and related services, as well as “turn- key” projects, guaranteed by foreign Export Credit Agencies (ECAs),
Letters of credit with postfinancing or deferred payment confirmed by the first-class foreign banks under ECA-cover
Main foreign partners :
AKA Ausfuhrkredit-Gesellschaft Bayerische Hypo- und Vereinsbank
Banca Agricola Mantovana Banca Monte dei Paschi di Siena S.p.A
Banca Nazionale del Lavoro Banco Bilbao Vizcaya Argentaria
Bank Austria Creditanstalt Bank DnB NORD Polska S.A.
Landesbank Berlin AG Landesbank Baden-Wuerttemberg and others
Trade transactions with ECA cover:
Tenor of the transactions: 3 – 7 years
As of November 2008 total volume of the deals exceeds USD 90 mln.
Atradius (Netherlands, amount of transactions ca. USD 1,8 Mln.)
EULER HERMES (Germany, amount of transactions ca. USD 64,9 Mln.)
EFIC (Australia, amount of transactions ca. USD 1,7 Mln )
KUKE (Poland, amount of transactions ca. USD 18,4 Mln.)
SACE (Italy, amount of transactions ca. USD 1,9 Mln.)
US Ex-Im Bank (USA,amount of transactions ca. USD 12,4 Mln.), and others.

20. THE BANK IS CONSERVATIVE IN MANAGING LIQUIDITY RISKS
RISK MANAGEMENT
THE BANK IS CONSERVATIVE IN MANAGING LIQUIDITY RISKS
Statutory liquidity ratio trend in 2008
The Bank monitors future cash flows and liquidity on a daily basis, makes an assessment of expected cash flows and collateral available to secure additional funding if required.
Maintains a significant portfolio of highly marketable and diverse assets that can be easily liquidated.
Has committed lines of credit that it can assess to meet liquidity needs.
min. 15%
Opportunities to draw liquidity:
Participation in auctions for loans without collateral from CBR for banks rated “B-” at least (CBR Regulation 323-П dated October 16, 2008 ” On granting uncovered credits to Russian credit organizations by the Bank of Russia")
Participation in auctions for refinancing by CBR of 1 and 2 category loans to corporate customers (CBR Regulation 312-П dated November 12, 2008 “On procedure for granting asset covered loans to credit organizations by the Bank of Russia”).
Subordinated loan from Vnesheconombank (50/50 with the shareholder or a third party).
Other opportunities currently introduced by the government or CBR.

21. CONSERVATIVE CREDIT AND MARKET RISK POLICIES IN PLACE
RISK MANAGEMENT
CONSERVATIVE CREDIT AND MARKET RISK POLICIES IN PLACE
Credit Risk Policy adopted and implemented according to the best international practice. Decision making in 3 levels of Credit committees (small CC– up to RUB 20 mln. per one borrower; CC -up to RUB 100 mln. and large CC - over RUB 100 mln. plus limits on banks).
Credit risk
Interest rate risk
All loans are collateralized. Internal rating classification of the categories and provisions measured and minimized according to BASEL.
Good balanced interest rate structure.
Currency risk
Currency Risk Management Policy aimed on restriction, supervising and managing currency risk by the system of limits.
Liquidity risk
Historically low liquidity risk even in the period of the deterioration in the banking market. Liquidity management policy authorise Management Board to make adequate decisions and match and/or control mismatch of asset and liability maturity periods and interest rates.
Operational risk
Operational Risk Management policy adopted and includes advanced measures and analysis of operational risks facts realization and assessment of capital adequacy for losses coverage. We use TSA (the standardized approach recommended by BASEL) and will use advanced measurement approach (AMA) – in the future.

22. STRATEGY FOR 2008-2011 INCLUDES…
Additional investments into the capital for further growth from the major shareholder (subordinated loan amounted to RUB 2.3 bln was registered as Tier II capital as of August 2008);
Adherence to the basic strategies throughout several last years and stable top-management team;
Strengthening of the Bank’s position in the international market in order to keep good credit track-record for future international funding deals;
Expansion and diversification of the Bank’s client base;
Introduction of standards of corporate management according to the best international practice;
Maintenance of high level of the Bank’s transparency;
Achievement of the better efficiency factors among competitors;
…WITH AN OBJECTIVE TO CREATE A NATIONAL LEVEL BANK

23. IFRS BALANCE SHEET (FORECAST)
STRATEGY
IFRS Balance Sheet
2005
2006
2007
2008
2009
2010
2011
unconsolidated
Actually
Plan
ASSETS
Cash and balances with the Central Bank of the Russian Federation
3260
4854
4035
4816
6390
8332
10548
Financial assets at fair value through profit or loss
898
1844
9365
9977
11979
12969
14083
Due from banks
9898
10949
10335
3670
2170
Loans to customers
22116
36388
35350
52679
71510
95196
120591
Fixed assets
224
550
1019
1802
2306
2814
3011
Current income tax assets 17 22
Other assets 80
121
526
TOTAL ASSETS
36493
54728
60630
72944
94355
121480
150403
LIABILITIES
Due to banks
1387
3613
3468
4837
7666
9289
12224
Customer accounts
25357
35480
44188
52753
67934
87057
109553
Debt securities issued
3262
8796
4875
4490
4791
7487
6872
Other provisions 31 37
Other liabilities 5 44
214
Total liabilities
30032
47963
52782
62080
80391
103833
128648
EQUITY
Tier 1 Capital
6461
6765
7849
8514
11614
15297
19405
Tier 2 Capital
2350
Total equity
10864
13964
17647
21755
TOTAL LIABILITIES AND EQUITY

24. PROFIT & LOSS ACOUNT (FORECAST)
STRATEGY
2005
2006
2007
2008
2009
2010
2011
Unconsolidated
Actually
Plan
Interest income
3811
5418
8068
8534
11550
15265
19411
Interest expense
-2014
-2686
-3998
-4185
-5321
-6732
-8177
NET INTEREST INCOME BEFORE PROVISION FOR IMPAIRMENT LOSSES ON INTEREST BEARING ASSETS
1797
2733
4070
4349
6229
8533
11234
Initial recognition adjustment on interest bearing assets
-458
-248
Provision for impairment losses on interest bearing assets
-213
-557
-223
-492
-979
-1312
-1528
NET INTEREST INCOME
1126
1928
3848
3857
5250
7222
9706
Net gain on financial assets and liabilities at fair value through profit or loss 46 16
406
Net gain on foreign exchange operations
337
264
518
495
725
794
1139
Fee and commission income
509
893
592
815
1237
2044
2833
Fee and commission expense
-77
-182
-240
Dividends received 1 27 2
Other income 26 40
210
NET COMMISSION INCOME
840
1058
1488
1310
1962
2838
3972
OPERATING RESULT
1967
2986
5336
5167
7212
10060
13677
NON-OPERATING EXPENSES
-1654
-2525
-3845
-4359
-6109
-8054
-10183
FINANCIAL RESULT
312
461
1491
808
1103
3495
Provision for impairment losses on other transactions 22 -9
-10
PROFIT BEFORE INCOME TAX
335
452
1480
Income tax expense
-98
-148
-396
-250
-265
-482
-839
NET PROFIT
237
304
1084
559
838
1524
2656

25. WHAT MAKES B.I.N.BANK ATTRACTIVE?
KEY ADVANTAGES
WHAT MAKES B.I.N.BANK ATTRACTIVE?
Very strong brand and business reputation;
Young and professional team of top-managers;
Very strong capitalization;
THE BANK HAS A NUMBER OF KEY ADVANTAGES:
Branch network with 115 branches and outlets;
Wide range of products and services as well as advanced banking technologies;
Well-run system of risk management;
Successful introduction of brand-new IT system.