OREANDA-NEWS. August 27, 2012. Krasnodar’s conference hall hosted a press conference of the Bank of Moscow devoted to the "Development Strategy of the Bank of Moscow in the Krasnodar Territory. Official presentation of the new management of the Bank of Moscow subsidiary in Krasnodar".

The participants in the press conference included Maxim Kokorin, Vice President - Director of the Corporate Sales Management Department of the Bank of Moscow, Miguel Markaryants, Director of the Retail Sales Department of the Bank of Moscow, and Valeriy Gaponov, Director of the Krasnodar subsidiary of the Bank of Moscow.

During the press conference, the Bank of Moscow’s development prospects for the near future were discussed, the Krasnodar Bank subsidiary’s objectives and tasks were announced and its new Director, Valeriy Gaponov, was presented.

Miguel Markaryants stressed that the VTB Group is today the leader in terms of the quality of retail client servicing and the Bank of Moscow is implementing, in its daily operations, a client-orientated policy and taking an individual approach to each and every client.

Regarding the plans for the rest of the year, Miguel Markaryants spoke about the main retail business goals, which include a 40% growth of the loan portfolio (up to 101 billion roubles) and a 22% rise in deposits (up to 175 billion roubles).

In turn, Maxim Kokorin noted that the Bank of Moscow’s key tasks for 2012 are high credit operation and deposit attraction rates, introduction of the advanced VTB Group practices in the sales sphere and greater efficiency of business processes within the network. The main goals set for medium and small-sized business are: a 2.3-fold increase in the loan portfolio of clients in this sector (up to 76.5 billion roubles), a growth of the small and medium-sized business client resource base by 50% (up to 100 billion roubles), a consolidation of positions in the Moscow Region and an increase in Net Commission Income by 30% (to 1.9 billion roubles).

Valeriy Gaponov, the new Director of the Krasnodar subsidiary of the Bank of Moscow, stressed that the market in the region had tremendous prospects, with a huge potential for development of small and medium-sized businesses.