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Commercial Bank “Severo-Vostochny Alliance” (Joint-Stock Company)
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Sushevskaya str., 16-3
127055 Moscow
Phone: 
(495) 363-56-27

Fax: (495) 978-26-10
Telex: 414297 SVAB RU
SWIFT: CSVARUMM

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Auditors report

As a result of conducted audit procedures we would like to note that we have revealed no facts, which testify to the fact that the accounting of Commercial Bank «Severo-Vostochny Alliance» (Joint-Stock Company) violates the applicable laws and normative acts of the Bank of Russia or accounting statements are incorrectly prepared by the Bank.

In our opinion, the financial (accounting) statements of Commercial Bank «Severo- Vostochny Alliance» (Joint-Stock Company) present fairly, in all material respects, the financial position as of December 31, 2006 and the results of its financial operations for the period from January 1 through December 31, 2006 in accordance with the Russian Federation legal requirements concerning preparation of financial (accounting) statements and in accordance with Directive of the Central Bank of the Russian Federation of December 17, 2004 No. 1530-U «On procedure of preparation of an annual balance sheet by credit institutions», Directive of the Central Bank of the Russian Federation of January 16, 2004 No. 1376-Ó «On the list, forms and procedure of preparation and submittal of credit institutions accounting reports to the Central Bank of the Russian Federation».

Auditing Firm AORA, a Closed Joint Stock Company

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Copyright © 2004 Commercial Bank “Severo-Vostochny Alliance” (Joint-Stock Company)
Sushevskaya str., 16-3, 127055 Moscow, phone: (495)972-33-00, (495)978-44-10, fax: (495)978-26-10