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Technical Assistance Funds are provided by:

EBRD Shareholder Special Fund


January 2014

Dear colleagues,

We are happy to inform that the list of our partner banks was replenished by Transcapitalbank. The agreement on raising financing for the period of 4.5 years between Transcapitalbank and the European Bank for Reconstruction and Development (EBRD) was signed on December 17, 2013. The total amount of sources is 1 160 bln RUB, 750 mln of which will be directed to the financing of energy efficient projects inthe residential sector (RuSEFF Residential) and 410 mln RUB will support energy efficient projects implementing by small and medium-sized enterprises (RuSEFF Program).

Transcapitalbank is the private bank included in the top-50 largest Russian banks in terms of assets and in the top-10 banks in terms oflending to small and medium-sized businesses. Among its shareholders such international financial institutions as EBRD, German investment company DEG and the International Financial Corporation (IFC).


We hope for efficient and long-term cooperation!


Sincerely yours,