Wednesday, June 1, 2011

NOMOS-BANK will participate in the comparative study of the IFC

NOMOS-BANK has signed a mandate letter agreeing to the bank to participate in a comparative study of the market of banking services for small and medium-sized businesses *, conducted by IFC (International Finance Corporation). The study includes a comparison of the performance of banks in Eastern Europe and Central Asia region Services for small and medium-sized businesses and identifying opportunities for banks participating in research to improve the efficiency of the business. "Involvement of NOMOS-BANK in the IFC study shows a strong reputation of the bank in the Russian market of banking services a small business - said the Director of the Department on work with small business Nomos Bank Oleg Yushkov. - Expert evaluation of IFC to help us identify the direction of the current work that need improvement, and will allow us to make important strategic decisions to expand the scope and profitability of business services for small businesses, including the introduction of new technological developments that contribute to the further development of this segment. "Participation in the comparative study of IFC certainly important for any bank that thinks seriously about how to raise financial services for small and medium business to the next level. In the study, IFC compares and analyzes the information provided by the banks - participants of the region, and at the end of the study gives each of them an analytical report, which allows the management team of the bank to identify priority areas to improve profitability by servicing small and medium-sized enterprises ", - said Andrew McCartney, a senior specialist of IFC in the field of banking services for small and medium-sized businesses in Eastern Europe and Central Asia. * for businesses with a maximum amount of annual revenue to 200 million rubles.

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