15.05.2008 /Events
The Far East Road Show of MC of the Bank of Moscow Started on Kamchatka
On May 13, MC of the Bank of Moscow started its road-show around the cities of the Far East with a press-conference and a meeting with investors of the Mutual Investment Funds in Petropavlovsk-Kamchatski. Dmitry Shcherbak, Director of the Kamchatsky Branch of the Bank of Moscow, Elena Kasianova, Director General of MC of the Bank of Moscow, and Kirill Tremasov, Director of the Analytical Department of the Bank of Moscow, took part in the events. When opening the meeting, Elena Kasianova, Director General of MC of the Bank of Moscow, said: “Over the last two years passed since our last meetings in the Far East, the Management Company of the Bank of Moscow has considerably expanded the scope of services offered to the clients, There were established 8 share investment funds including the full line of the branch share mutual investment funds. According to the results of year 2007, one of the funds called “Trubnaya Ploschad’ – Russian Metallurgy” ranked second in the rating of the most income-bearing open mutual investment funds in Russia (in which 280 funds are presented)* having shown the income level at the point of 38.6% of the annual income. We have improved conditions of the share mortgage lending by reducing the loan rate to 12% of the annual income in accordance with the wishes of our shareholders. We made shares of our funds even more accessible by providing a possibility to pay for shares using money access machines of the Bank of Moscow”. ** “As far back two years ago share investment funds were an absolute new tool for most people, now we can ascertain a stronger interest of customers in putting investments in the funds. It is due to the fact that the scope and level of the investment products and related services has become more universal over this period: all the services available in Moscow are at hand also in Kamchatka the same day. Said Dmitry Shcherbak, Director of Kamchatsky Branch of the Bank of Moscow: “Administration of the management company come to our region again to get a better understanding of the clients’ needs in the Far East and to consider them in their future work., We, in return, are also trying to make investment services more accessible, and to increase a number of agencies available for buying shares. Now it is possible to buy them in our new office in the business center of Petropavlovsk-Kamchatsky located at 11 Lukashevskogo Street, which is the address we moved to this February, and in our auxiliary office in the town of Elizovo of Kamchatka Region”. Kamchatka Branch of the Bank of Moscow was founded in December 2000. Kamchatka Branch renders all kinds of the bank services to legal entities and individuals. The branch opened an auxiliary office in the town of Elizovo of Kamchatka Region in December 2007 to increase efficiency and quality of the rendered services and to attract new clients. One of the significant events of Kamchatka Branch in 2008 was the branch’s move to a new building located at Lukashevskogo Street, 11 in the business center of Petropavlovsk-Kamchatsky. In the new office, all the conditions necessary for the high-quality and quick client servicing are arranged. Design of the premises meets the corporate style of the Bank of Moscow. In February 2008, an auxiliary office No 2 was opened at the address: 18 Leninskaya Street, A Block. The qualified specialists will provide all kinds of consultations and offer individual service programs for every client in the auxiliary office of the bank. Rapid growth of the clientele database and assets of Kamchatka Branch prove that the services of the Bank of Moscow are in demand in the region. The Bank of Moscow plays a key role in the industrial and economic development of Kamchatka Region. It is proven by the fact that the Investments Insurance Agency has chosen the Bank of Moscow as an agent to pay cash funds to investors of the Commercial Bank of the Fishing Industry. Management Company of the Bank of Moscow is among the leaders of the asset management market in Russia . As of the beginning of 2008 the total amount of net assets of the share investment funds managed by the company reached 11.22 billion rubles. MC of the Bank of Moscow has AAA personal rating of the National Rating Agency, which means maximum reliability; it won the Financial Elite of Russia contest as the best management company of 2007 and the Russian Market of Collective Invetsments-2007 contest as an Innovator of the Collective Investments Market. 100% of shares of MC of the Bank of Moscow are owned by the Bank of Moscow. Licenses of the Financial Service for the Financial Markets of Russia: No 21-000-1-00014 dated February 04, .1997 and No 077-08114-001000 dated November 16, 2007. More details on MC of the Bank of Russia, share investment funds managed by it, changes in value of the share investment funds’ shares and income-bearing ability of investments for different periods can be found at the site: www.mmbank.ru/pif, www.mmbank.ru/pif/analitika. Telephone in Moscow: (495) 925-80-00. In other cities: 8 (800) 200-23-26 (toll free). The cost of investment shares may fluctuate. The state does not guarantee the return on investments into mutual investment funds. Past indices also cannot serve as a guarantee of the future returns. We recommend that before purchasing an investment share you carefully examine the rules of trust management of a mutual investment fund. Center of public relations, Bank of Moscow (495) 624-74-40 pr@mmbank.ru
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