Bank of Moscow Recognised as Leader in SME Loans Portfolio Growth Rate
OREANDA-NEWS. Finance to Growing Business — 2014 (IX Annual Conference), organised by Expert RA rating agency took place in Swissotel Conference Centre (Moscow).
The conference was attended by representatives of leading Russian banks, insurance, leasing and factoring companies, state bodies officers, SME subjects, as well as mass media representatives. The following issues were discussed at the conference: SME crediting at weak economic growth, effective methods to stimulate SME demand on credit products, new state support instruments of SME crediting, etc.
The Conference hosted the awards ceremony for banks — market leaders, according to a survey of Expert RA rating agency. The Bank of Moscow won ’Leader in SME Loans Portfolio Growth Rate nomination.
“Recognition of the Bank of Moscow as a market leader in SME loans portfolio growth rate by such authoritative rating agency as Expert RA, on the one hand, confirms our importance in the market. And on the other hand, it obliges us to raise and improve our work standards. Today, the Bank successfully implements all the set goals, actively participates in state programmes of SME support and promotes the development of this important segment of the economy,” commented Yekaterina Orlova, Director of SME department of the Bank of Moscow, at the ceremony.
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