Uniastrum Bank Reports 49% Jump in Small Business Loans in 2011
Summary
Moscow, Russia, January 26, 2012 --( Uniastrum’s core business customer base remains wholesale and retail traders, as well as enterprises operating in the services sector.Last year Uniastrum initiated its special Sensible Credit multi-option loan package for small businesses, which enables borrowers to choose a program to suit their individual needs depending on their goals, requirements and area of operation.Solid growth in 2011 was primarily thanks to our attractive loan terms and the high quality of the service offered,” notes Kirill Tikhonov, Deputy Chairman of Uniastrum’s Management Board.In 2011 Uniastrum distributed over Rb 5.2 bn in credited funds under the program.“Uniastrum Bank continues to consolidate its leadership positions on the nation’s SB lending market.Solid growth in 2011 was primarily thanks to our attractive loan terms and the high quality of the service offered,” notes Kirill Tikhonov, Deputy Chairman of Uniastrum’s Management Board.