OREANDA-NEWS.  Branch of the Bank of Moscow has opened a credit line to the Ufa Electric Transport Administration, a municipal unitary enterprise, to the amount of 200 million RUR. The credit line has been extended for the term of 24 months and is aimed at financing the enterprise’s current activity.

The Ufa Electric Transport Administration, a regional passenger carrier, operates in the Ufa, the capital city of the Republic of Bashkortostan.

"Life activity support in the region and the city and development of co-operation with municipal enterprises are priority goals for the Bank of Moscow", commented Eugeny Monin, Director of the Corporate Sales Department of the Bank of Moscow. "The Bank of Moscow strives to become a key bank financing municipal programmes".