Bank of Moscow to provide services for both juristic and physical persons - founder's capital amounting to 15m EUR

- The bank-daughter of the Bank of Moscow has obtained the general license from the National Bank of Serbia for realization of banking operations and it will be serving both juristic and physical persons - the Bank of Moscow announced.

The bank will operate in Serbia under the name of Moskovska banka AD Beograd (MBB). The founding capital of the bank is 15m EUR in the national currency.

- In the near future, MBB should become an universal bank that serves both physical and juristic persons. The Bank of Moscow successfully develops business not only in Russia, but also outside that country, and it is ready to offer broad spectrum of technological products and services focused on different groups of clients - said the Vice President of the Bank, Aleksej Sitnikov.

The Council of the Bank will include the President of the Bank of Moscow, Andrej Borodin, and vice presidents Aleksej Sitnikov and Pavel Gorbacevič. Vladimir Zečar has been appointed the Chairman of the administration.

The Bank of Moscow has four banks-daughters abroad: in Belarus, Letonia, Estonia and Ukraine, as well as an office in Germany.