OREANDA-NEWS. November 30, 2012. The top manager team of the Bank of Moscow visited Krasnodar Region. A business conference of the Bank of Moscow took place in the Chamber of Industry and Commerce of Krasnodar Region within the framework of the visit. The strategy of the Bank's business development in the region was discussed at the meeting in the Chamber as well as new proposals for the Krasnodar enterprises.

The representatives of the region Administration marked the role of the Krasnodar branch of the Bank of Moscow in the development of the region's economy. The Bank of Moscow vigorously cooperates with such major industrial enterprises in Krasnodar, as OAO ATEK (GC "Mogano Group") and enterprises that form the budget and are the standard-bearers of the region, like OAO TikKom Kuban, OOO DSMU-Gazstroy, ZAO Stroy International, ZAO Spetsavtosnab, OOO Belshina Trading House, etc.

Currently the share of the Bank of Moscow stands approximately 0.5% in the credit portfolio of legal entities of Krasnodar. The share is expected to reach no less than 5% as at the beginning of 2017. This year the credit portfolio with regard to the medium and small business clients has already grown 4.3 times as compared to the beginning of the year (from 0.7 to 3.1 billion roubles).

"The key tasks of the Krasnodar branch of the Bank of Moscow until the end of 2012 include high tempos of the credit operation growth and attraction of resources, implementation of the advanced practices of VTB Group in the area of sales, and growth of the business process efficiency, — Vladimir Voeikov, member of the Management Board of the Bank of Moscow, commented, — Our goal is to gain leadership in the bank market of Krasnodar Region. The Bank branch in Krasnodar has considerable potential; it is directed by Valeriy Gaponov, professional manager."