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Vneshtorgbank has opened a branch in Smolensk

17 August 2004

A branch of Vneshtorgbank has opened for work in Smolensk at 5 Gagarin Prospect . It offers clients a full range of modern bank services for legal and private persons.

The opening of the branch hopes to promote the further development and increase the efficiency of Vneshtorgbank`s operations, to expand the geographical base of its activities and attract new clients.

The opening of the branch in Smolensk is the next step in the realization of the "Development Concept of Vneshtorgbank`s regional network" authorized by the supervisory Council of the Bank in February 2004.

As part of this concept, Vneshtorgbank plans to open a further 8 regional divisions in 2004. Today the filial network of banks totals 45 branches, 87 additional offices in various cities of Russia and 34 universal operational divisions in Moscow and the Moscow area.

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