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Vneshtorgbank's branches in Tver and Ulan-Ude

14 May 2005

Vneshtorgbank's branches started operating in the cities of Tver and Ulan-Ude. They offer a wide range of innovative banking services both to individuals and legal entities.

Through opening new branches, Vneshtorgbank is set to enhance the efficiency of its operations, to diversify its geographic spread and to reach out to new customers. Besides, the newly opened branches are a further step in implementing the Regional Development Concept of Vneshtorgbank approved by the Supervisory Council of the Bank in February 2004.

Presently, the Bank's branch network comprises 55 branches, 71 offices, 40 outlets in Moscow and the region of Moscow, and 34 outlets in other cities of Russia. Acting under its strategic development guidelines, Vneshtorgbank plans to open in 2005 10 more branches, which will certainly enhance the scope of customer-oriented services, including Vneshtorgbank's program to support small business.

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