Special financing terms for the Ilyinka Community

ZENIT Bank announces special loan terms for borrowers purchasing houses in the lanehouse community of Ilyinka. For them, the mortgage rate will be only 11% per annum in rubles.
Ilyinka, the first Russian lanehouse community, is located in an 'alley' between the two main thoroughfares of the West Moscow suburbs – Rublevka and New Riga – on the quiet Ilyinskoye highway, 11 km away from the Moscow Beltway near the village of Ilinskoye. The developer of the project is the Konti Group.
The minimum mortgage loan that ZENIT Bank offers for the purchase of properties in this community is 540 thousand rubles. The maximum is 30 million rubles. The loan term is from 1 year to 30 years. The down payment is not less than 20% of the cost of the purchased property. No fees are charged for origination, service, and early repayment of the loan. There is no moratorium on early repayment. At this, the Bank is ready to consider various options for income verification of the borrower, including income from business activities, as well as take account of the income of close relatives to increase loan limits.
"Thanks to the special offer of ZENIT Bank, borrowers can save on mortgage servicing. For example, with a loan term of 30 years, the interest rate under a conventional mortgage program for the purchase of new buildings is 15-16% per annum. While buyers of houses in the prestigious lanehouse community of Ilyinka can draw a loan at 4-5 percentage points less – just under 11% per annum," – said Deputy Chairman of ZENIT Bank Alexei Rozorenov.

More information about the loan terms is available on the Bank's website: http://www.zenit.ru/rus/retail/catalog/ipotek_credit/realty_bank/lanehouse_ilyinka/index.wbp

ZENIT Banking Group
The ZENIT Banking Group was established in 2005 as a result of the acquisition by ZENIT Bank of controlling interest in JSB Devon-Credit. In 2007, the Banking Group acquired Lipetskcombank and Sochigazprombank (renamed into ZENIT Bank Sochi). In December 2008, the Group brought in Spiritbank (Tula). In accordance with the IFRS consolidated financial statements of the Banking Group for H1 2012, Tier I capital amounted to 23.8 billion rubles and assets – to 257.8 billion rubles. The Group provides a full range of banking services: comprehensive services to corporate clients, retail banking, private banking, investment banking and interbank business. The ZENIT Banking Group is represented in 27 of the 83 regions of the Russian Federation; its own sales network has 183 outlets. The Group has an extensive network of international correspondent banks – partners, and cooperates with more than 100 international institutions in Europe, America and Asia. ZENIT Bank is rated by international rating agencies at Ba3/Stable (Moody's) and B/Stable (Fitch). In November 2012, the Bank became the first Russian financial institution awarded the prestigious international award in the field of Private Banking – the Global Private Banking Award. According to the results of another international award – Global Banking & Finance Review Awards 2012 – ZENIT was acknowledged as the best bank in Russia in three nominations (Best Corporate Bank, Best Bank in Private Banking, Best Bank in the Bond Market).

Contact Information:
Vladimir Sysoyev, Head of Public Relations at ZENIT Bank: 8 (495) 937-07-37, ext. 3161
e-mail: v.sisoev@zenit.ru