OREANDA-NEWS. The Bank of Moscow provided a credit facility of RUB 250 million to Neftegazooborudovanie Works LLC (Saratov). The credit facility was provided for 1.5 years for the works to replenish its working capital.

Neftegazooborudovanie Works LLC is among the industry leaders, having manufacturing facilities of more than 20,000 m2. The equipment manufactured by the works is used by the major oil & gas companies in Russia and former Soviet states. Due to its stable and high product quality and timely fulfilment of its obligations, Neftegazooborudovanie Works enjoys a reputation of a professional and reliable partner.

"The Bank of Moscow actively develops partner relations with medium businesses, offering them a whole range of banking services. Supporting the real sector of regional economy is among the key objectives of our Bank," commented Evgeny Monin, Director of Corporate Sales Management Department, Bank of Moscow.