OREANDA-NEWS. September 28, 2012. In Kemerovo, in the Lesser Hall of the Administration of the Kemerovo Region at Pr. Sovetskiy, 58, a conference has been held on the Bank of Moscow’s new medium-sized business development strategy in the Kuzbas.

The participants in the press conference were Maxim Kokorin, Vice-President and Director of the Bank of Moscow Corporate Sales Management Department, and Valentina Skirnevskaya, Director of the Kemerovo subsidiary of the Bank of Moscow.

The press conference focused on the main spheres and opportunities for development of the Bank of Moscow’s medium-sized business in the region, announcing the strategic goals and tasks of the Bank of Moscow’s Kemerovo subsidiary.

"The key tasks of the Bank of Moscow for 2012 are to achieve high growth rates of loan operations and raising of resources in the small and medium-sized business sector, to introduce the Bank’s latest in the sales sphere and increase the effuiciency of business processes within the network", Maxim Kokorin noted.

Withr espect to the Bank of Moscow’s development in the Kuzbas, the main tasks facing the subsidiary in 2012 were announced, including a 60 per cent growth of the creditor portfolio of small and medium-sized business clients and a 50 per cent rise in the volume of resources raised from clients in this sector.

The Bank of Moscow has extensive opportunities for achieving the set goals. A new model has been launched for provision of services to medium-sized businesses, this presupposing a personal approach to each client and selection of the products required proceding from the business’s needs.

In its development, the Bank of Moscow focuses particularly on innovative, high-tech products and services for medium-sized businesses. It is important to respond quickly to the needs of regional clients and be competitive in servicing terms.

The Bank has a variety of loan programmes for supporting small and medium-sized businesses and product line for management of companies’ free funds has been extended.

A special place is allocated to co-operation with one of the biggest electronic auction operators, OAO Unified Electronic Trading Floor. The Bank of Moscow’s plans for the near future include developing the product line for the purpose of increasing the opportunities for medium-sized businesses to participate in auctions and providing finance at all stages of state order fulfilment.

After the press conference, the Bank of Moscow held a business conference for heads of enterprises operating in the medium-sized business sector, as well as representative of the Administration of the Kemerovo Region, in particular Deputy Governor of the Kemerovo Region for economics and regional development Dmitry Islamov and Vice-Chairman of the Council of People’s Deputies of the Kemerovo Region and Chairman of the budget, tax policy and finances committee Alexander Mikelson.