Uniastrum Bank to Allocate Nearly Rb 2 bn to Moscow City Hall Partnership Program in 2010-2011
Summary
In recognition of the solid build in its lending portfolio in 2009, Uniastrum was awarded a special certificate of merit by the Moscow Administration.In 2010-2011 Uniastrum Bank intends to continue its collaboration with the Moscow Authorities in 11 main areas, including a targeted program rendering support to Moscow-based SME, an integrated scheme to support local business, charity work, assistance to higher education institutions, and participation in community programs organized by City Hall and district prefect’s offices.Since early 2010 Uniastrum has issued over Rb 450 mn (as of September 1, 2010) in loans guaranteed by the City of Moscow Small Business Credit Assistance Fund.“Uniastrum’s winning partnership with the Moscow Administration has been a fixture for over four years now,” says Evgeny Tutkevich, Chairman of the Uniastrum Management Board.In recognition of the solid build in its lending portfolio in 2009, Uniastrum was awarded a special certificate of merit by the Moscow Administration.In 2010-2011 Uniastrum Bank intends to continue its collaboration with the Moscow Authorities in 11 main areas, including a targeted program rendering support to Moscow-based SME, an integrated scheme to support local business, charity work, assistance to higher education institutions, and participation in community programs organized by City Hall and district prefect’s offices.