OREANDA-NEWS. The Bank of Moscow made a credit facility in the amount of 2.1 bln rubles available for the period of two years to the Trade House "Russkiye Produkty Torg". Borrowed funds shall be used as financing of the current activity of the enterprise, as working capital loans and as refunding of debt to other banks.

LLC TH Russkiye Produkty Torg" is a trading house that is a member of LLC Rusprodholding" Trade and Industry Group. It holds a firm leading position regarding the confectionery distribution volumes in the Russian market. In 2013 the company has celebrated its fourteenth anniversary. In that time it developed from a wholesale operator to a nation-wide distributor offering a full range of services and its own production.

"By receiving financing from the Bank of Moscow "Russkiye Produkty Torg" got a grand and reliable partner, it is an important part of our corporate development strategy. Cooperation with the Bank of Moscow creates a huge potential, while inexpensive and practical products allow the company to gain leadership in its market segment", says Aleksandr Ratnikov, General Director of LLC TH Russkiye Produkty Torg".

"We clearly understand the needs of the enterprises that are in the field of trade, and we can offer them a full range of banking services. We hope that the support of the Bank of Moscow will help LLC Rusprodholding" Group fulfill their development plans successfully", remarks Evgeny Monin, Director of Corporate Sales Control Department of the Bank of Moscow.