Uniastrum’s Corporate Credit Portfolio Grows Twice as Fast in Q311

Moscow, Russia, November 23, 2011 --(PR.com)-- The uptrend in lending was, among other factors, thanks to branches contributing a 6% bigger share to the corporate credit portfolio. As of October 1, 2011 Uniastrum’s regional network accounts for 55% of the portfolio and over 80% of loans to small business.

Uniastrum Bank offers corporate customers a wide variety of loan products, including credit, credit lines, overdrafts, and trade finance. For smaller concerns there is a special multi-program lending package called Sensible Credit, which enables enterprises to select a loan facility in line with their specific goals, financial strength and/or individual projects.

“The expansion of our corporate business is underpinned by the establishment of long-term relationships with our clients,” notes Kirill Tikhonov, Deputy Chairman of Uniastrum’s Management Board. “For small and midsized enterprises one of our key priorities is to ensure that obtaining a loan is as easy and straightforward as possible, and to this end we remain committed to honing procedures for issuing loans with conveyor belt regularity.”

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