OREANDA-NEWS  On 11 September was announced, that the Board of Directors of TransCreditBank had chaired their meeting by Ms. T.V. Paramonova in Moscow. The Board decided to continue expansion into Russian regions with new branches to be opened in Smolensk and Sosnogorsk.

Thus, taking into account the earlier decision to establish branches in Kazan and Sochi, by late 2008–early 2009 the bank will have 41 branches. In 2008 TransCreditBank has already opened its new branches in Vladivostok, Kursk, Orel, Tyumen and Ufa.

The top priority of TransCreditBank’s regional policy is to provide services to enterprises of the transport and transport-related industries, with the primary focus on JSC RZhD’s entities and branches and their employees. Notably, in 2008 the bank launched a program intended to offer a wide range of financial services to all client categories.