OREANDA-NEWS. May 31, 2012. Moscomprivatbank, a subsidiary bank of Ukrainian PrivatBank, has opened its 200th branch on the territory of Russian Federation. According to Nikolay Davydov, the Moskomprivatbank Chairman, the "Railway Station" branch in Tver became the 200th Russian office of the bank. Since the beginning of the year PrivatBank has opened 11 new Russian offices: in Moscow, Moscow and Leningrad regions, Krasnodar, Nizhny Novgorod, Tver and Smolensk.

"At the moment we have expanded our presence in the areas where we’ve been already working for years, - specifies Nikolay Davydov. - Since May 1st, we plot to open offices in regions and cities that are new for the bank."

By the end of 2012 PrivatBank is going to open 46 new branches throughout Russia. Particularly, Moskomprivatbank branches and offices will appear in Ryazan, Kazan, Kaluga, Perm, Saransk, Saratov and Ufa under the federal program of the network expansion.

JSC "MCB" Moscomprivatbank "is a subsidiary bank of Ukrainian PrivatBank. As for March 1st, 2012, assets of the bank accounted RUR38.77 billion (94th place in Russia), capital - RUR3.75 billion, loan portfolio - RUR15.43 billion and deposit portfolio of individuals - RUR27.14 billion.