The Russian Microfinance Center: 94% of the Charter’s capital
The RMC aims to promote development of the microfinance industry in Russia. A non-profit foundation established in July 2002, the RMC was created by Development Alternatives Inc. (DAI) through the USAID-sponsored Russia Microfinance Sector Support Program. The RMC serves as a resource center for the industry, working to promote a regulatory environment that will foster the growth of microfinance in Russia, and offering professional training and consulting for microfinance institutions. The RMC has invested in Centurion Capital in order: (1) provide the RMC with a sustainable source of finance for its future development; (2) create a mechanism by which access to capital for the entrepreneurial class becomes the norm; and (3) channel domestic and foreign investments into the microfinance sector.
www.rmcenter.ru

The Association of Russian Banks (ARB): 6% of the Charter’s capital
The ARB is a non-governmental, non-commercial organization that unites commercial banks and other credit institutions. With 646 members across 64 regions in Russia, the ARB represents 70% of the Russian bank sector, including 30 largest banks of Russia. The ARB’s participation in Centurion Capital will be passive from a managerial standpoint, however politically important, given the reputation of the Association as well as its relations with policy makers, regulators and leaders of the business community.
www.arb.ru