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News

13/10/2004

Absolut Bank has launched the program of development of the network of offices in Podmoskovie (Moscow Region)

In the framework of development of regional business before the end of 2004 Absolut Bank plans to open three offices: in Podolsk, Odintsovo and Lyubertsy. In the 1st quarter of 2005 the offices in Mytischi, Korolev and Balashikha will be opened. In total, in accordance with adopted strategy of development 22 offices of the bank will be opened in Podmoskovie.

The residents of Moscow region will enjoy the full range of bank services in the offices of Absolut Bank, including: mortgage loans, credit and debit plastic cards VISA, means depositing,  as well as servicing of bank accounts.

Taking into consideration the high demand of the residents of Moscow region in purchase of the new dwelling, Absolut Bank plans to actively develop mortgage loans for Podmoskovie inhabitants.

Upon opening of offices of Absolut Bank, the enterprises and organizations of Moscow Region will get the access to the high quality banking services. Absolut Bank plans to develop the program of crediting of small and medium business for its corporate clients in Podmoskovie. Being a leader of the external trade financing of Russian commercial companies, besides traditional bank services for corporate clients, the Bank offers exclusive conditions in the sphere of financing of external trade.

“Constantly increasing level of economic development and well-being of Pomoskovie residents defines the demand in the wide scope of qualitative bank services. We are sure that long-term experience  of successful work with corporate and private clients will allow  Absolut Bank to provide residents and organizations of Podmoskovie with the banking services of the highest level”, - the Chairman of the Board of Absolut Bank Mr. Oleg Kapitonov says.

Reference note:

Absolut Bank is a private Russian bank.

The bank was founded in 1993 and has a general license of Central Bank №2306.

The main direction of activity of Absolut Bank is financing and bank servicing of commercial companies and private persons.

Absolut Bank has ratings of the International Fitch Ratings Agency: long-term «B-», short-term «B», prognosis of long-term rating – stable, individual rating «D», rating of support «5», national BB+ (rus).

Absolut Bank is a participant of the Program of assistance to development of international trade of European Bank of Reconstruction and Development.

According to “Profile” magazine on July, 1, 2004, the Absolut Bank occupies the 7th place in the rating of reliability among the biggest Russian banks.

The source: Press office of AKB "Absolut Bank”

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