OREANDA-NEWS. April 16, 2012. The Bank of Moscow has issued a guarantee in the interests of Open Joint-Stock Company for construction of roads and bridges Dormost in favour of the Moscow City Urban Construction Department to the sum of RUB 1,263 billion.

The guarantee secures due performance by Dormost of its obligations under a state contract for carrying out contractor works on constructing the facility: "Road in the direction of Podolskikh Kursantov Street with a transport link to the Moscow Outer Ring Road".

The Bank of Moscow has been co-operating for over five years with OAO Dormost in the sphere of financing the company’s construction projects by granting earmarked loans and guarantees in favour of state customers.