OREANDA-NEWS. January 28, 2010. Sviaz-Bank has come out on top in public auctions held among financial institutions bidding for contracts to give a loan of 300 million rubles to the Vladimir Utility Systems (VUS) OJSC and another 75 million in a loan to the Vladimir Regional Electric Network Company (VRENC), OJSC, reported the press-centre of Sviaz-Bank.

VUS OJSC and VRENC, OJSC, are integrated into the regional structure of the Russian Utility Systems (RUS) OJSC in the territory of Vladimir Region. The Bank is to open revolving credit lines available for 30 to 365 days to both companies.

Building and diversifying its customer base is one of Sviaz-Bank’s priorities in its lending policy toward corporate customers today.