OREANDA-NEWS. The Bank of Moscow has decided on establishing a 1 billion rouble credit limit for the Norman-Vivat Group, which manages the biggest retail networks in the Perm Territory. The credit is for the purpose of replenishing circulating capital and financing contractual obligations.

The Norman-Vivat Group manages three retail chains: Vivat — one of the leaders in retail trade in the Prikamye area, consisting of large and small supermarkets, as well as local shops; Normann — a federal network of specialised stores; and Delta — a regional discount foodstuffs chain.

"The Bank of Moscow is actively developing co-operation with retail enterprises occupying almost half of any regional market by providing them with the full range o products and services for fulfilling any business tasks", commented Evgeniy Monin, Head of the Regional Business Development Directorate of the Bank of Moscow. The Bank of Moscow subsidiary in Perm has all the requisite tools for developing co-operation with the region’s enterprises: an extensive product, the necessary technologies and authority".