OREANDA-NEWS. Staring from 1 August 2013 the Bank of Moscow launches a promotion campaign called "Front-End Fee as a Gift" for its small-size business clients having annual proceeds up to 300 million RUR.

Within the framework of the campaign the front-end fee charged for opening a credit facility and for extending a loan product called "Prospects for Business" is cancelled without limitations on the number of loan agreements entered into by one client within the period of the promotion campaign.

The "Front-End Fee as a Gift" campaign will be in effect until and inclusive of 20 November 2013.

The "Prospects for Business" loan is one of the most popular credit products of the Bank of Moscow with small-size businesses. It is extended for the purpose of refinancing current debts with other banks with the borrowers being able to use a part of the funds extended within the framework of the product for developing their business.

"We hope that cancelling the fee under the "Prospects for Business" product will become a nice supplement to the quality of our Bank’s services," commented Ekaterina Orlova, Director of the Small-Size Business Department of the Bank of Moscow. When preparing this promotion campaign the Bank tried to take into account all the needs of businessmen. We make our products more beneficial and the conditions more comfortable".