OREANDA-NEWS. March 27, 2009.  In the 10 years since its inception, the Krasnodar Branch of the Bank of Moscow has become one of the leaders on the financial market of the region. The balance sheet total of the Krasnodar Branch rose by 19% over the last year, to top RUR 5.5 bln as of 1 March, 2009, with balance sheet profits reaching RUR 65 mln.

Today, the Krasnodar Branch has over 30 thousand corporate and private clients. For the clients’ convenience, the Branch has four additional offices and a dynamically growing network of its own ATMs.

The Krasnodar Branch’s aggregate credit portfolio (for corporate and private clients) amounted, as of 1 March, 2009, to RUR 4.5 bln, an increase of 7% over 2008.

In 2008, according to the results of the Public Final Prize "Business Elite of Kuban", the Krasnodar Branch of the Bank of Moscow was awarded a diploma for its "Impeccable reputation as a b and financially stable institution."

The Krasnodar Branch of the Bank of Moscow was opened on 25 March, 1999.