Bank of Moscow Took Part in "Antwerp Diamond Conference 2007"
OREANDA-NEWS. Managing Director of the De Beers groupe Harret Penni, Prime-Minister of Flanders Kris Peters, Nobel Prize winner Joseph Stiglits, President of Liberia Hellen Johnson-Sirlif, Chairman of Kimberley Process Karel Kovanda, ex-lord-mayor of London Sir David Bruer, President of "ALROSA" Sergey Vybornov and others participated in the conference.
It was for the first time that a Russian bank - Bank of Moscow - took part in the conference, devoted to development of the diamond-mining industry. Vice-President of the Bank of Moscow Sergey Yermolaev participated within its financial section, where he made a presentation of his Bank and reported on how the Bank of Moscow is financing the diamond-mining and diamond-finishing enterprises of Russia.
"Bank of Moscow today is largely increasing his credit portfolio of diamond enterprises: this industry is one of our Bank’s priorities, - Sergey Yermolaev said. - The volume of credits, granted to diamond-mining and lapidary enterprises for the last four years, exceeds 60 billion rubles. We plan to continue developing our cooperation with diamond enterprises, increasing volumes and terms of crediting of these companies."
At present Bank of Moscow cooperates with the largest diamond-mining and lapidary enterprises. Among its clients one can find OAO АК "Alrosa", ОАО "Severalmaz", ОАО "Diamonds of Anabar", ZАО "Ruiz Diamonds" and others.
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