OREANDA-NEWS. September 17, 2012. NOMOS-BANK in Orenburg has opened a credit limit of RUB 400 million for food retailer SoseDDushka, a dynamic regional retailer located in the Orenburg region, reported the press-centre of NOMOS-BANK. 

Within the agreed credit limit, the retailer plans to use overdraft facilities and refinance loans, previously received from other banks.

"NOMOS-BANK is happy to support regional businesses and the economy of the Orenburg region. The key factors of SoseDDushka’s success are professional management team and good financial management process which both plays in favor of our cooperation and a long-term partnership,” said Yuri Bovdui director of NOMOS-BANK office in Orenburg.

NOMOS-BANK offers its clients the following overdraft credit facilities: standard overdrafts, corporate overdrafts, overdrafts with a transition period, and overdrafts with monthly repayments. The advantages of these type of facilities are the following: no collateral, the opportunity to operatively use of banking credit facilities, interests are charged only if specified overdraft limit is being used, and the possibility of reviewing the overdraft limit.