OREANDA-NEWS. On October 15, 2007, Credit Bank of Moscow's second out-of-Moscow office started its operations in the City of Ryazan, the bank's press service disclosed. This adds up to more than 50 outlets the Bank has in the City of Moscow, the Moscow Region and, most recently, in Tula.

Launching of this branch continues implementation of the Bank's regional expansion strategy. The new branch offers the entire range of the Bank's core services for private and corporate customers.

One more outlet of the bank is planned to be launched before the year-end in Naro-Fominsk, the Moscow Region.