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Credit-Moscow Bank has concluded an agreement to extend credit to small businesses for a 5-year term.

23.08.11

Credit-Moscow Bank (OJSC) jointly with OJSC MSP Bank has taken part in the State SMB Financial Support Program. As part of implementing the Program, Credit-Moscow Bank will be provided with a 5-year credit instrument for small business support.

 

Raising such credit will enable Credit-Moscow Bank to provide the borrowers with longer credit resources at lower interest rates, and to consolidate the market positions of the Bank in the SMB segment.

 

“SMB financial support is a strategic goal of Credit-Moscow Bank (OJSC). We plan to significantly expand the Bank’s participation in OJSC MSP Bank’s SMB programs to provide our Customers with additional financing options for their business,” remarked Director of the Bank Olga Lygina.

 

OJSC MSP Bank (OJSC Russian Development Bank until June 2011) — a specialized bank implementing the state program for SMB financial support.


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Moscow: tel.: (495) 72-707-72; fax: 237-52-98; Address: 8, 6th Monetchikovsky Lane.
Saint Petersburg: tel.: (812) 635-75-75, fax: 310-13-69; Address: 54, Sadovaya Street.

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