Credit Bank of Moscow follows its regional expansion strategy by setting up a new branch in Kursk


On 25 August 2008 Credit Bank of Moscow’s one more out-of-Moscow branch started its operations in the City of Kursk. CBM is gradually establishing a foothold in the Central Region of Russia with three more branches previously opened in Tula, Ryazan and Vladimir.

According to CBM’s regional expansion strategy 4 more regional branches are to be established by November 2008, with the new branch in Lipetsk being already on the threshold of starting its operations.

The new Kursk branch offers the entire range of the Bank’s core services for private and corporate customers including lease of individual safety deposit boxes.