OREANDA-NEWS.  Rostov Branch of the Bank of Moscow granted a loan to Asian Tire Union Group of Companies in the amount of 477 million roubles. The purpose of the loan proceeds that was granted for 3 years is working capital financing.

ATU, GC has been working in the Russian market since 1994. The main activity of the Group is a wholesale of tires and wheels for cars and trucks, as well as for agricultural and construction equipment. It is an official distributor of more than 25 brands, such as Annaite, Constancy, Fenglun, Comforser, etc. It is also an authorized dealer of SCANIA in Rostov region.

"The Bank of Moscow has gained considerable experience working with commerce companies. Our main advantage is that we clearly understand the needs of companies in this sector and can provide them with both financing and other banking services on favourable terms and in optimal time,"- said Yevgeniy Monin, the Director of Corporate Sales Management Department of the Bank of Moscow.