OREANDA-NEWS.  The Bank of Moscow opened credit lines for the implementation of government contracts for the total amount of 225 mln. rubles and issued guarantees for over 32 mln. rubles for the construction company OJSC "DRSU". 155 mln. rulbes of the credit amounts will finance the implementation of municipal contracts for capital repairs of streets in Rostov-on-Don: 1st Lugovaya, Alexey Berestov, Lelyushenko and Malinovskogo.

Funds in the amount of 70 mln. rubles will ensure participation of the company in tenders for government contracts providing the repair of courtyard territories near apartment blocks and passageways leading to courtyard areas on municipal territories of Pervomayskiy and Voroshilovskiy districts of Rostov-on-Don as well as site improvement of an evening school in Aksay of Rostov region.

"We appreciate the advantages of cooperation with the Bank of Moscow within the framework of the implementation of municipal and other contracts", noted Igor Gurtovoy, General Director of OJSC "DRSU". "First of all, it means saving resources, time and efforts. And as a result, we have a rapidly growing effectiveness. I would like to point out that the Bank of Moscow is a dependable, stable, modern bank offering good financing conditions".

"One of the main objectives of the Bank of Moscow is to support enterprises participating in the development of infrastructure in the regions, and we are proud to have such clients as OJSC DRSU". We are happy that the growth of our clients’ abilities, the development of their business is accompanied by the Bank’s support. That is why we offer advantageous financing conditions and also ensure an individual approach in the implementation of such projects" comments Evgeny Monin, Director of Department of Corporate Sales Management of the Bank of Moscow.