OREANDA-NEWS. The Bank of Moscow opened a credit facility to Yashma Trade and Production Company OJSC in the amount of 1 billion roubles for a period of 1.5 years. In mid-November 2014, the first tranche in the amount of 330 million roubles was issued within the limit. The loan funds were granted to finance the working capital of the enterprise.

Yashma Trade and Production Company OJSC was established in 1998. The enterprise is primarily engaged in the light industry. Today, Yashma TPC OJSC is among the leaders of the market engaged in production of jewellery and technical goods made of precious metals.

"We are pleased that, through granting funding to our customer - Yashma TPC OJSC - we have the opportunity to promote the development of various branches of industry," said Yuri Zholudev, Director of the Major Accounts Directorate of the Bank of Moscow. "We appreciate the established partnership relations and hope that the cooperation with the Bank Moscow will contribute to further growth of the company and to the strengthening of its position."