OREANDA-NEWS. January 28, 2011. Sviaz-Bank’s Central Office has moved to a new office building in the Nemetskaya Sloboda (German Quarter) Business Center at 31/7 Novoryazanskaya Street in Moscow’s Basmanny district, reported the press-centre of Sviaz-Bank.

The historical German Quarter building put up in the Moscow architectural traditions going back to the late 19th and early 20th centuries is rated as a B+ business center.

“We start our new business year at a new location, already a great event in itself for any organization and a difficult challenge at the same time,” said Denis Nozdrachev, Sviaz-Bank’s President-Management Board Chairman. “I am confident that bringing all units of the head Bank in one place until the end of this year will help improve the efficiency of their joint efforts and cut the costs of having several sites for the Bank’s buildings.”

There are also plans for 2011 to move a majority of the Bank’s branches to offices more convenient for their operations and customers to get services from.