OREANDA-NEWS. July 22, 2008. Bank Electronika opened a new personal services office in Cherepovets on July 27. The Bank’s entry into the financial services market in Vologod Oblast is the latest milestone in the expansion of its retail network.

Broadening its presence in the regions, Bank Electronika strives to become a reliable financial helpmate for Russian families and a credit institution that is accessible to the average citizen.

The Bank’s retail strategy is oriented toward a specific target audience. The institution provides comprehensive banking services to people with average earnings – 2,500 rubles to 15,000 rubles per month per family member. The retail business model that Bank Electronika is introducing in Russia has already demonstrated its effectiveness in foreign markets. The Bank has adapted the model to meet the special requirements of our country.

Bank Electronika is offering residents of Cherepovets advantages terms for deposits, credit, and servicing of current accounts. Those interested will find a complete list of services for individuals on the Bank’s site www.bank2u.ru.