OREANDA-NEWS. March 18, 2011. An online conference was held on the website of the Bank of Moscow for journalists with the participation of Alla Tsytovich, Managing Director of the Retail Banking of the Bank of Moscow. The subject of the online conference was "Financial services for individuals: offers to suit the Bank’s clients’ demands in various life situations".

The Bank of Moscow offers various financial solutions for any life situation. Recently the Bank of Moscow has updated its deposit line, introduced the new Cash Loan product to replace the previously offered individual loan family, and launched an updated Car Loan programme.

The speaker could be asked questions directly on the Bank’s website. During the online conference about 60 questions were asked by mass media representatives from over 25 regions of Russia.

Speaking at the online conference Alla Tsytovich noted that by developing retail business the Bank of Moscow not only follows the market trends but in many ways forms and forestalls them.

"We take logical steps to mitigate the requirements to borrowers and reduce interest rates under our loan programmes", says Anna Tsytovich. "The Bank of Moscow is one of the first Russian banks that made the QUICKLoan granting procedures easier and updated the individual loan family by offering its clients a new universal Cash Loan".