OREANDA-NEWS. October 04, 2013. A new transactions office of Sviaz-Bank’s branch in Karachaevo-Circassian Republic has opened for business at the corner of 32 Velingradskaya St. and 39 Dzerzhinsky St. in Kislovodsk.

The new office offers a broad range of services and popular financial products for individuals. Sviaz-Bank’s customers can open accounts and make deposits, take out consumer, mortgage, and car purchase loans, and transfer money.

The new office is yet another move the Bank has made to reinforce its positions in the strategically important region of the Caucasian Mineral Waters to do business in. Kislovodsk is one of the biggest Russian resorts. There still is, though, a shortage of lending and financial institutions in the city to give quality banking services to the local population and tourists. The startup of the new office has become indeed a step into a big future for the branch, made just in time.