OREANDA-NEWS. September 23, 2009. Bank of Moscow has extended loans to the amount of over USD250 million to major industrial companies of the Ural Federal District.

The Bank of Moscow has extended loans to the amount of over USD250 million to major industrial enterprises of the Ural Federal District. In particular 2 loans were extended to OJSC "Uralvagonzavod" totaling USD210 million, the maturity term being 2 years. The Bank has also extended a loan to the amount of USD42 million to the Federal State Unitary Enterprise "Ural Optics and Mechanics Works" for the term of 1 year.

"The Bank of Moscow continues to support real economy sector enterprises providing the required resources", said Sergey Yermolaev, Vice-President of the Bank of Moscow.