OREANDA-NEWS. November 29, 2007. In November 2007, the Bank provided some corporate bank customers (Instrument Design Bureau, Kazan Helicopter Plant, Mechanical-engineering Design Bureau "Facula", TVEL Corporation) with loan products to the amount of more than USD 100 mln.

Said Andrey Shalabaev, General Manager of the Corporate and Investment Business Department, the Bank of Moscow: "We can afford to grow the portfolio for the corporate bank customers, as we have no problems with liquidity. Obviously in the future, we will keep on the rates of growth of the corporate business: this direction of development seems to be quite promising. Thus, today in our Bank, the total credit limit for Design Engineering Bureau, Kazan Helicopter Plant, "Facula" Mechanical-engineering design bureau, TVEL Corporation amounts to ca. USD 800 mln. Moreover, we tends to adjust the limits to make them even higher, for example, recently, we increased the credit limit for the Instrument Design Bureau to USD 300 mln."

Said Timur Tavberidze, Deputy General Director of the Instrument Design Bureau: "the facilities provided for us by the Bank of Moscow are necessary to send them for developing our business. Our Company carries on aggressive business abroad: today our portfolio of export orders amounts to USD 3,8 bln. The export turnover is expected to increase at year-end 2007, i.e., to USD 500 mln. as compared to the last year."