OREANDA-NEWS. November 15, 2007. The Commercial Joint Stock Bank "Bezhitsa Bank" OJSC was incorporated in 1990. At present the Bezhitsa Bank enjoys steady position in the Bryansk Region in the field of hypothecation, as well as middle-scale and small business funding. The main corporate clients of the financial entity are companies acting in the fields of production, construction, transport, and trade. Starting from 2004, the Bezhitsa Bank has been the participant of the natural persons deposits insurance system.

As of 1.10.2007, the Bezhitsa Bank net assets exceeded 750 mln. Rbs. (at the condition of high rate of asset growth in 2008, they may exceed 1 billion Rbs.). The own capital of the Bezhitsa Bank has reached the mark of 150 million Rbs.

– In the frame of adopted policy on the Bank of Moscow regional development, we are planning to increase our share in the Bezhitsa Bank authorized capital up to 90%, - says the Vice-President of the Bank of Moscow Aleksey Sytnikov. – The increase of our share in the Bezhitsa Bank authorized capital has been scheduled for the year 2008.

Acquisition by the Bank of Moscow of the control stake of the Bryansk bank will enable the Bezhitsa Bank to strengthen significantly its position on the regional market. Thus, according under the results of the additional emission undertaken by the Bezhitsa Bank, its capital will grow up to 200 million Rbs. Next year, under the condition of the same rate of business growth, the Bezhitsa Bank capital may be increased up to 300 million Rbs.