OREANDA-NEWS. May 30, 2008. The credit portfolio of the Volgograd branch of the Bank of Moscow has increased by 2 billion roubles since the beginning of 2008.

The branch is working successfully both in lending to legal entities and individual entrepreneurs, the volume of loans amounting to 5.3 billion roubles, and in the sphere of lending programmes private individuals. Since the beginning of 2008, the volume of loans extended to the public has rise by 20% to reach 2.7 billion roubles.

The absolute leaders in terms of demand among private individuals are mortgages, loans for urgent requirements and auto-loans.

The customers of the Volgograd branch can take advantage of an extensive list of services at any supplementary office of the branch. Moreover, the number of customers is constantly rising, this increase being promoted by the high quality servicing and the ramified network of subdivisions, currently numbering 7 sales outlets.

"The active lending policy of the Volgograd branch is the key to its success in taking one of the leading positions in terms of the volume of its credit portfolio among the branches of the Bank of Moscow", says Director of he Volgograd branch Nikolai Golubin.