The Bank of Moscow said on Thursday that corporate clients now can perform banking operations through a mobile application called BMbusiness Lite, which is available for tablets and smartphones on Android and iOS systems.

The app allows clients to get real-time information on account balances and recent statements of changes in the past 30 days.

"The clients of small- and medium-size businesses are mobile...constantly traveling, visiting business meetings, flying -- and we believe that it is extremely important for them to be able to manage their accounts in remote mode," Bank of Moscow Vice President and Director of Corporate Business Coordination Andrey Vozmilov said.

The application was designed to be simple and easy to use, the bank said. Users can receive log-in information from the bank's Internet system. The application itself is free of charge.

"BMbusiness Lite Mobile Banking is our first mobile application  focused on corporate clients," Maxim Patrin, Bank of Moscow vice president and supervisor of e-business, said. "I’m sure it will be as popular among our customers, as the whole wide range of mobile applications provided by the Bank of Moscow and issued for individuals."