OREANDA-NEWS. May 27, 2010. By the decision of BFA Bank Board of Directors Development strategy for the period until 2015 was adopted. The development strategy of "BFA Bank" OJSC is based on the Bank efforts towards reaching and keeping strong position in the banking services market as a reliable modern credit institution providing a wide range of banking, reported the press-centre of BFA Bank.

The main priorities of the bank for the period 21010-2015 are:

Building of a modern Bank management system;

Increase in a share of the Bank in the banking services market of the corporate business segment of St. Petersburg and Leningrad region;

Development of retail business and additional offices network for all-inclusive client service.

Short-term objectives set for the management of the Bank are:

 - Becoming one of the ТОP-100 largest Russian banks by amount of assets and capital.

 - Receipt of the license for the right of opening and maintaining of bank accounts of individuals and attraction of cash resources of individuals to deposits.

- Receipt of the license for broker activity and the license for depositary activity.

-  Entering into deposit insurance system.

- Opening of subdivisions of the Bank for all-inclusive service of legal entities and individuals in St. Petersburg and Moscow.

 - Development of corporate management procedures based on the international standards.