Penza, 16 April 2015. PenzaNews. The Penza Bank Kuznetsky has provided Molkom a loan for 20 million rubles.

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The provided funds will be used for procurement of raw materials the production demands, the press service of the bank informed PenzaNews agency.

“Bank Kuznetsky has been working with Molkom since 2012 in such service areas as cash service and loan provision,” the press service pointed out.

At present, the bank representatives noted, Molkom is the leading milk processing company in the Penza region that aims to expand its production and take the lead in its area in the Volga Federal District.

Bank Kuznetsky was founded as a limited liability company and registered by the Bank of Russia on October 26, 1990, under No. 609. On January 19, 2012, it was transformed into OJSC Bank Kuznetsky.

On January 14, 2005, OJSC Bank Kuznetsky was included into the register of banks that are enrolled in the compulsory deposit insurance system under No. 428. In July 2014, AK&M rating agency confirmed the bank credit rating at “B++” on the national scale with a “stable” outlook.