OREANDA-NEWS. October 07, 2009. Investtradebank has received subordinated loans from its three shareholders: JCF FPK I AIV ITB Sa rl, STARR RUSSIA INVESTMENTS III BV and OOO "Investment Trade Business Holding" in the total amount of RUR 1 bln. On September 23, 2009 MGTU of the Central Bank of the Russian Federation registered attracted funds as sources of Investtradebank's additional capital, reported the press-centre of Investtradebank.

The received funds will be aimed at the expanding of the bank's regional presence and lending to real sector, including SME.

In the current challenging conditions the increase in capital will provide Investtradebank with new competitive advantages in increasing of its clientele base and loan portfolio quality. In 2010 Investtradebank plans to continue its expansion in the Urals, Siberia, southern Russia, where the development wil be aimed both at new branches opening and regional banks purchasing.