12 January 2004
Vneshtorgbank opened the "Liuberetski" sub-branch located at: 125, Oktiabrski Prospekt, Liubertsi, the Moscow Region.
The sub-branch will offer full array of modern banking services intended for corporate and retail customers, including 24-hour access to an ATM.
The added sub-branch in Liubertsi was the first practical step forward in implementing the Teller Office Network Development Programme adopted by Vneshtorgbank in the Moscow Region, where the Bank plans to open through the year 2004 three more sub-branches under the Programme.
Vneshtorgbank`s business expansion in the Moscow Region is based on the Co-operation agreement entered into between the Bank and the regional Government in 2002. Under the Agreement, Vneshtorgbank is actively co-operates with Government bodies along many lines, including, but not limited to, VTB`s participation in lending and investment programmes implemented by the regional Government.
Further Vneshtorgbank`s presence in the Moscow Region will promote more vigorous partnership relationship existing at present between the Bank and the Moscow Region Government and efficient implementation of joint projects.
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