Mosoblbank’s office will be opened in Belarus "to examine possibilities of further extension of trade and economic relations between both countries and to develop a chain of bank’s correspondent business", the press release noted.
Mosoblbank was established in в 1992. The bank’s statutory capital is RUB 3 729 million. The shareholders' equity is RUB 7 117 million as of November 1, 2012.
According to the bank’s official web site, Mosoblbank provides the full range of services to physical persons and legal entities. More than 300 subdivisions of Mosoblbank operate in Russia.
Bank Holding Federal Financial Corporation OJSC is the main shareholder of Mosoblbank and owns 99.57% of shares.