BANK OF MOSCOW has announced an increase in the grace period of credit cards to 55 days, the BANK OF MOSCOW press service announced. Now, holders of the bank’s credit cards will be able to use borrowed funds for up to 55 days for free (if the terms of credit car use are observed), while the redemption period for the debt of a previous month was moved to the 25th of each month.
Source: WWW.NOVECON.RU, October 3, 2007
