OREANDA-NEWS. December 6, 2011. Renaissance Credit, a leading Russian consumer finance bank, has announced the launch of a partner relations office in the city of Yakutsk. The new office will perform representative functions. Renaissance Credit’s network now comprises 35 partner relations offices and 102 branches (including 9 light format branches) across 61 regions of the Russian Federation.

The Sakha Republic(also known as Yakutia) is a new region of operation for Renaissance Credit. Before the Bank made the decision to open an office in Yakutia, it analyzed the economic outlook, the structure of demand, partner company locations and other factors. The Republic’s capital, Yakutsk, has a variety of sales outlets of the Bank’s national and local partners: Svyaznoy, Euroset, DNS, Shintop and Sotovyi Mir, among others. In the near future, an M.Video store will open in the city. Market analysis has also revealed a great demand for consumer lending among the population of the region.

“We are striving to expand our presence throughout Russia, and though we have not had an office in Yakutia until now, the region is a familiar one for our bank. In 2008, we operated a POS program with Eldorado in Yakutia and managed to build up a solid client base in just nine months. Now we are looking for partner relationships with companies operating on the national or regional level,” said Oleg Skvortsov, CEO of Renaissance Credit.

POS Loan Desk: Yakutsk Regional Center (Partner Relations Office): building 1, 2 Glukhoy per., Yakutsk.