OREANDA-NEWS. August 17, 2012. Sviaz-Bank’s Management Board traveled to Svetlogorsk, Kaliningrad Region, for an expanded away meeting to discuss the principal performance results of the Bank’s network of branches over six months of this year and to lay down their basic tasks and priorities until year end, reported the press-centre of Sviaz-Bank.

The meeting was attended by Denis Nozdrachev, President-Chairman of Sviaz-Bank’s Management Board, members of the Bank’s Management Board, managers of regional branches, and heads of the Bank’s business sections and several units.

Today, Sviaz-Bank maintains its presence in 52 of Russia’s regions and operates 201 points of sale, including 106 mini-branches, across the country to give it a wide regional coverage.

As of July 1, the portfolio of loans issued by the branches to corporate borrowers had risen to 57.7 billion rubles. The corporate borrowers’ portfolio consists of loans made to communications, power, commercial, manufacturing, transportation, and farming companies, and government and other agencies. These corporate customers had borrowed 50.5 billion rubles in all.

The branches’ portfolio of loans made to individuals had reached 14.4 billion rubles. The regional branches had accepted 12.4 billion rubles on deposit from individuals.

The strategic tasks named for network development included improving the profitability of all transactions, loans among them; expanding and diversifying the clientele; raising the quality of customer services; and developing new products for corporate and individual customers and small businesses.

Before the year draws to a close, the Bank plans to launch a number of new retail products, including loans to employees in health care and education; mortgages against the security of maternal capital; mortgages for the purchase of garages; seasonal deposits and growing interest rate deposits; anonymous precious metals accounts; insurance products, and a few more. Corporate customers will be offered a new multicurrency deposit account and special cash handling and lending terms.