OREANDA-NEWS. March 3, 2008. 'The strategy of business development at our Bank suggests an integrated approach to each client, whether a company or an individual person, - says the Vice-President Irina Nikitenko. - Thus, the new branch office will offer the people of the Novogorod region a wide range of finance services: for example, registering applications for purchase of flats, cars, for emergency needs credits'. Medium business is offered credits at competitive rates and for periods up to three years. There is also a loan scheme for small business - sole proprietors and smaller enterprises and organisations. - We are successfully implementing this scheme in the regions where our Bank is operating and are hoping that the Novgorod region will too see a demand for it on the part of its small business, - said Irina Nikitenko.

-I would like to emphasize that expanding our activities in the regions is part of the development strategy of the Bank of Moscow, - says Irina Nikitenko. - Currently, the branch network of the Bank includes over 362 service offices in Moscow, the Moscow region and other key Russian cities. The plan is to open about 80 service offices of the Bank of Moscow until the end of 2008'.

The Novgorod branch of the Bank of Moscow has been opened at the following address: Bolshaya Sankt-Peterburgskaya ul, 4.