OREANDA-NEWS. In the end of May the retail business credit portfolio of Ulan-Ude office of the Bank of Moscow exceeded one billion RUR. Thus within the period of time from January to May 2013 1054 loans were extended to the Bank’s clients to the total amount of 344.7 million RUR. If compared with the same period of the last year the growth was 235%.

"The regional office has never seen such record breaking indicators", says Maxim Balaban, acting Director of the regional operational office of Novosibirsk branch of the Bank of Moscow in Ulan-Ude. "Our nearest plans are to launch a new model of sales in the corporate market and to increase the office’s share in the regional market. The Q1 and Q2 indicators also witness a stable growth of business".

"The branch has become a billionaire and we intend to keep on the trend throughout the whole regional network", commented Mikhail Bolonyaev, Head of the Regional Retail Directorate of the Bank of Moscow.

One billion RUR of the ROO in Ulan-Ude has become a significant contribution to the credit portfolio of the regional business of Novosibirsk branch of the Bank of Moscow. Today the credit portfolio amounts to 9.3 billion RUR. In addition to the ROO in Ulan-Ude the branch includes operational offices in Barnaul, Krasnoyarsk and Tomsk. The credit retail portfolios of Novosibirsk and Krasnoyarsk offices exceed 3 billion RUR with that of Tomsk office being over 1 billion RUR.