OREANDA-NEWS.  At the beginning of July, 2014 the credit portfolio of Nizhny Novgorod Branch of the Bank of Moscow exceeded 7 milliard roubles, which is 3.6 times more than for the same period in 2013.

The main increase was due to the growth of credit portfolio of legal entities and individual entrepreneurs. Thus, this year Nizhny Novgorod Branch of the Bank of Moscow financed Teploenergo, OJSC, Nizhny Novgorod Energy Retail Company, OJSC, Logoprom Transport and Logistics Holding, Taxioil Petrol Stations Network. On July 1, 2014 SME credit portfolio of Nizhny Novgorod Branch exceeded 5.3 milliard roubles.

Achievement of such indicators in the segment of legal entities and private entrepreneurs crediting was gained thanks to coordinated teamwork, good service, a broad product line, and a comprehensive approach to customer servicing.

Individuals crediting portfolio has increased 1.84 times, compared to the same period of last year, and has amounted to 1.81 milliard roubles, according to the data on July 1, 2014.

"Our main goal is to become a basic bank for businesses, forming urban and regional infrastructure. That is why so many of our clients in a corporate crediting segment are companies, operating in the field of housing and communal services. But we also offer a wide product range and attractive conditions for residents of Nizhny Novgorod city. We want to develop jointly with Nizhny Novgorod and its residents," commented Marina Moisseeva, the Director of Nizhny Novgorod Branch of the Bank of Moscow.