Penza, 27 January 2016. PenzaNews. The Penza Bank Kuznetsky has joined the Chamber of Commerce of the Samara region.

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This move is expected to facilitate long-term effective partnership with other members of the business community, establish cooperation to achieve priority objectives in regional development, and organize financial support for SMEs.

“Bank Kuznetsky joining the member list of the Chamber of Commerce will help expand the circle of business contacts, gain information necessary to develop and upgrade the activities, find new business partners,” Mikhail Dralin, Bank Kuznetsky board chairman, told PenzaNews agency.

The Chamber of Commerce of the Samara region is a non-state, non-profit organization representing the interests of small, medium and large enterprises. It encompasses all fields of business – industry, domestic and foreign trade, agriculture, finance and services. It focuses on assisting the development of regional economy and integration in the world’s business system, as well as creating beneficial conditions for development of all types of business in the region.

Bank Kuznetsky was founded as a limited liability company and registered by the Bank of Russia on October 26, 1990, under No. 609. It was transformed into an OJSC on January 19, 2012, and into a PJSC on September 17, 2015.

On January 14, 2005, Bank Kuznetsky was included into the register of banks that are enrolled in the compulsory deposit insurance system under No. 428. In July 2015, AK&M rating agency confirmed the bank credit rating at “B++” on the national scale with a “stable” outlook.