Bank of Moscow Provides Funding to Norman-Vivat Group
OREANDA-NEWS. The Bank of Moscow set a credit limit of RUB 2.265 billion for state corporation Norman-Vivat Group that operates the largest retail chains in Perm Krai. The funds will be used to replenish the group's working capital.
Norman-Vivat Group operates 3 major retail chains including Vivat, one of the retail leaders in the region of Prikamye which runs large and small supermarkets, and corner shops; Norman, a federal chain of specialized stores represented in Moscow, Saint-Petersburg, Yekaterinburg, and Perm; and Delta, a regional chain of food discounters.
“The Bank of Moscow actively develops cooperation with small and medium enterprises and we have a good understanding of the needs of trade companies. We hope that the product solution we offer will facilitate the development of Norman-Vivat Group,” commented Evgeny Monin, Director of Corporate Sales Management Department, Bank of Moscow.
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