OREANDA-NEWS. December 26, 2012. The Novosibirsk branch of the Bank of Moscow has extended a 150 million RUR credit facility to OOO Myasotrading for the term of 1 year. The funds have been extended to finance the company’s working capital.

OOO Myasotrading is a major supplier of raw meat to meat processing plants of Siberia. In addition the company sells meat and slaughterhouse by-products to the retail networks and HoReCa segment enterprises. OOO Myasotrading is a dynamically developing business in its industry.

The Novosibirsk branch is one of the leaders of the regional network of the Bank of Moscow in terms of the number the serviced small and medium size business clients with said number exceeding 6.4 thousand clients. The results of the 11 months of 2012 show that the small and medium size business credit portfolio of the branch has amounted to 3.2 billion RUR.

"The Bank of Moscow provides to the regional enterprises a full range of bank products and services, loans and credit facilities, overdrafts, a wide range of guarantees, deposits and many other services. Today in the Russian regions we actively cooperate with medium size businesses of the real sector of economy and with municipalities", commented Eugeny Monin, Head of the Regional Business Development Directorate of the Bank of Moscow.