OREANDA-NEWS. May 08, 2013. Sviaz-Bank’s branch in Kabardino-Balkaria opened a back-up office in downtown Prokhladny at 3 Bolnichny Alley.

The back-up office in Prokhladny is an addition to the Bank’s two other offices that are doing successful banking business in the republic.

For a while, the back-up office will provide services to individuals, offering them comfortable settings to perform standard banking transactions such as paying bills, transferring money, and opening deposit accounts. The office will also issue consumer and automobile-purchase loans and mortgages, and provide other essential banking products and services.

Eduard Borsov, Manager of Sviaz-Bank’s Kabardino-Balkarian branch, has this to say about the opening of this latest point of sale of financial services: “Prokhladny is a modern developed industrial center and transportation hub, and opening a new lending and financial institution here is certainly the right step to make. The city residents and local companies want to manage their financial affairs quickly, and we will help them to do this. Our Bank is also ready to support development of small and medium enterprises so essential for a rapidly growing city like Prokhladny.”

Sviaz-Bank’s branch has been active in Kabardino-Balkaria’s market for nearly 19 years, working with enterprises and institutions in the republic’s food industry, construction, and education, and providing services to individuals.