OREANDA-NEWS. June 14, 2011.  The agreement on the integration of ATM and terminal networks of two large retail banks was signed by Mikhail Kuzovlev, President of the Bank of Moscow, and Ildar Muslimov, Chairman of the Management Board of URALSIB BANK.

The Bank of Moscow and URALSIB, which hit the top ten of the national leaders in the retail finance segment, have agreed upon a possibility for millions of their clients to use cash terminals of both banks in all Russian regions at a reduced rate. The total quantity of cash terminals, where holders of cards of two banks will be able to withdraw cash, make payments and use other services, will exceed 8.5 thousands (6550 cash terminals of URALSIB and 1950 cash terminals of the Bank of Moscow). The integration of the terminal networks will provide a higher quality service to the holders of cards of two banks (over 30 thousand terminals of the Bank of Moscow and URALSIB).

Ildar Muslimov, Chairman of the Management Board of URALSIB BANK, emphasized: "Our goal is to provide our clients with a possibility to receive financial services at reduced rates via bank cards in any cash terminal of the unified network, which has grown considerably and embraces all regions of the country".

According to Mikhail Kuzovlev, President of the Bank of Moscow, "The Bank of Moscow offers mature financial solutions for different groups of clients, and holders of bank cards of two banks will be able to use a wide network of cash terminals, the part whereof is accessible twenty four hours a day and implies an expanded set of functions. This partnership is necessary from the point of view of the further development of the service proposal for our clients. Moscow and Moscow Region is currently a priority area for us".