The credit portfolio of the Bank of Moscow to medium and small-scale enterprises exceeded the 35 billion roubles mark

The Bank of Moscow is actively developing its credit financing activities with regard to medium and small-scale enterprises and is determined to continue to occupy the leading positions in this segment of business. Since the beginning of 2007 the volume of credits granted by the Bank to medium and small-scale enterprises, has increased by over 50 %, surpassing the 35 billion roubles mark.

Such high indicators were achieved on account of implementation of standardised procedures for assessment of the credit solvency of borrowers, expansion of the production range, development of loan programmes for small-scale business, rise in the professionalism of the bank employees and expansion of the sales network in Moscow as well as in other regions.

-The total number of medium- and small-scale business customers of the Bank of Moscow is approaching 100,000, one customer out of 10 profits from the loan products of the Bank, claims Denis Yesipyonok, Managing Director of the Department of Mediumand Small-Scale Business. - The credit portfolio growth rates for this category of corporate customers of the Bank of Moscow exceed the average market indicator in this segment for the banking system on the whole. The credito portfolio for medium and small-scale enterprises accounts for about 15% of the whole corporate portfolio of the Bank of Moscow sttag0.

Centre for Public Relations of the Bank of Moscow
(495) 624-74-40
pr@mmbank.ru

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