17 May 2004
Today, Vneshtorgbank opened its branch in Lipetsk at 5, Prosp. Gagarin. Along with services intended for major corporate customers, the branch faces challenges to make more active efforts in handling small businesses and households of the Lipetsk Region, including those under Consumer and mortgage lending programmes developed by the Bank.
The branch is ready to provide full spectrum of up-to-date banking services, in particular, to ensure access of enterprises domiciled in the Region to funding offered by export credit agencies and international banks to finance output and technology retrofitting projects.
The Lipetsk-based branch has become a further step forward in implementing the Vneshtorgbank`s regional network development concept adopted by the Supervisory Board of the Bank in February 2004.
Under this concept, in 2004 Vneshtorgbank plans to open 11 branches more. Nowadays, the branch network of the Bank comprises 44 branches, 94 sub-offices and teller units located in cities and towns throughout Russia, and 25 universal teller offices in the Moscow City and the Moscow Region.
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