Credit Bank of Moscow expands into Central Region with a new branch set up in Vladimir


On 27 June 2007 CBM’s third out-of-Moscow branch started its operations in the City of Vladimir. Now the number of CBM’s outlets comprises 49, including two previously opened regional branches in the cities of Tula and Ryazan.

The launch of this branch is another step to establishing strong presence in the Central Russia and is consistent with the Bank’s regional expansion strategy. Nine more branches are planned to be launched by the end of 2009.

The new branch offers the entire range of the Bank’s core services for private and corporate customers including lending, SME finance, leasing, factoring, trade & structured finance, cash collection, etc.