The Bank of Moscow adds more insurers for implementing its mortgage programmes

The Bank of Moscow has extended the list of insurance companies that co-operate with it in the mortgage lending schemes.

The list of insurance partner-companies of OAO (open joint-stock company) The Bank of Moscow includes OAO Rossiyskoye Strakhovoye Narodnoye Obshchestvo (ROSNO) (Russian Insurance Peoples’ Company) and OSAO (open insurance joint-stock company) (Ingosstrakh) which will henceforth provide comprehensive mortgage insurance to customers who have opted for the Bank’s mortgage facility.

Now customers can choose to arrange their insurance packages with OAO MSK (Moskovskaya Strakhovaya Kompaniya) (Moscow Insurance Company), SZAO (insurance closed joint-stock company) Standart-Rezerv, OSAO Ingosstrakh and OAO ROSNO. The extension of the list of insurance companies makes the co-operation with the Bank’s partners more active and offers further advantages to its customers.

According to Alla Tsytovich, Managing Director of Retail Banking at The Bank of Moscow, the Bank continues focusing on a comprehensive development of mortgage lending by updating its own mortgage schemes and shaping largely the mortgage market in this country.

The Bank of Moscow is one of the leaders on the mortgage lending market in offering diverse lending programmes to its customers. The range of mortgage lending products offered by the Bank has been constantly expanding and currently includes mortgage loans for buying finished property, apartments under construction, repaying (refinancing) mortgages borrowed from other banks and the construction of a home.

Center of public relations, Bank of Moscow
(495) 624-74-40
pr@mmbank.ru

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