Effective November 1, 2007, the ROSGOSSTRAKH insurance company and GORODSKOY MORTGAGE BANK signed a $1-million contract on comprehensive banking insurance. The insurance banking program provides banks with a comprehensive cover against operating risks and comprises comprehensive insurance of banks against crimes and insurance of banks against electronic and computer crimes. The balanced comprehensive insurance program is evidence of the banks systematic policy in managing its risks. This is not the first year of cooperation between GORODSKOY MORTGAGE BANK and ROSGOSSTRAKH within the framework of insurance of the banks operating risks.
Source: BANKIR.RU, December 20, 2007