14.05.2008 /Operations
The Bank of Russia Registered TransCreditBank's Office in Orel
The new regional entity will focus on offering comprehensive banking services to units of the Orel-Kursk Division of Moscow Railroad, which is a branch of JSC RZhD, to other companies of the rail operating in this region, as well as to their business partners from the transport sector, mechanical engineering industry, power sector and other industries. Provision of retail banking services for rail workers, employees of corporate customers and generally to all households of Orel and Orel Oblast will be a key area of business for the new branch of the Bank. The branch will advance consumer and mortgage loans, take fund in deposits, make bank transfers, issue international bank cards and offer other banking services. The office of this new, 37th branch of TransCreditBank is located at 16, Turgeneva Street, Orel.
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VTB and Japanese Group SMBCE sign a Cooperation Agreement

The Agreement is aimed at further strengthening partnership relations between VTB Group and Japanese Group SMBC and enhancing interaction along the whole range of banking services, including settlement in Russian Rubles, financing international trade operations, investment project support, treasury operations and operations in international capital markets. [Read...]
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