OREANDA-NEWS. June 16, 2011. The Bank of Moscow has become one of the winners of the auction for the right to extend loans to Novosibirsk region. The volume of financing to be extended by the Bank of Moscow will amount to RUR 500 mln.

The Bank of Moscow will open a credit line for the term of 1 year.

Loans are needed by Novosibirsk region to cover the deficit of the regional budget.