NOMOS-BANK is recognised as number one credit institution in terms of contribution to small business development

NOMOS-BANK was placed TOP-1 in the rating of credit institutions that provide most favourable terms conducive to the development of small business (Small Business Favourability Rating) published by “Finist” Consulting Company and the National Institute for Systemic Research of Entrepreneurship Related Issues.

“This result was due to the Bank’s well-balanced policy in all aspects concerning lending to small business -starting from a broad product range and interest rates level to the promotion of products tailored for small business”, emphasizes Oleg Yushkov, Director of the Bank’s Small Business Department. At the same time, the authors of the index took note of the Bank’s leading positions in a number of areas, such as size of loans, its programmes’ conformity with actual market needs, the quality of consulting services, and the Bank’s actual readiness to lend to small business".

The Credit Favourability Index rated 20 largest banks in the market of lending to small and medium business. One of the criteria for compiling the rating was the total loan portfolio (based on RBC rating data, as well as on analysis of reports in the media). The index reflects the mood of the participants, their readiness to lend to SMEs. The key characteristics of such readiness are openness to clients (accessibility of information on lending opportunities), dynamism (adjustment of client offers following competitors’ actions), desire for improvements (to improve service quality, active consulting).