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Credit-Moscow Bank is a partner of the Regional Guarantee Fund of Volgograd city

05.10.09

At the session of the Guarantee committee of the Regional Guarantee Fund, created under the aegis of the Department of business development of the Administration of the Volgograd region, which took place on the October 2nd 2009, Credit-Moscow Bank was acknowledged as one of the partners of the Fund.

According to the agreement with the Fund a small-sized enterprise operating in the Volgograd region is able to receive a credit in Credit-Moscow Bank for the term of up to 3 years and the amount from 300,000 up to 5 million rubles at the guarantee of the “Regional Guarantee Fund”.

The size of one guarantee can not exceed 50% of the total sum of the loaner’s obligations.

The founders of the “Regional guarantee Fund” non-profit organization are the Department of business development of the Administration of the Volgograd region and “Volgograd Center of business security and development “DELO” (LLC). The main aim of the Fund is to provide guarantees to small-sized enterprises, fulfilling perspective projects and willing to take money loans in the commercial banks of the region.



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