OREANDA-NEWS. September 5, 2011. The Bank of Moscow has concluded a credit facility agreement with OJSC Nizhny Novgorod Sales Company for a term of up to 18 months and total credit in the sum of RUR 1 450 mln. The funds will be used to finance the company’s current activities.

"The Bank of Moscow is continuing its co-operation with power companies and is focusing particularly on extending credits to representatives of the given sector of the economy", commented Igor Dubonosov, General Director of the Corporate Business Department of the Bank of Moscow.