Search the Russia Banking News
« 2007 » « March »
MTWTFSS
   1234
567891011
12131415161718
19202122232425
262728293031 

 

01.03.2007 /Investing Vnesheconombank and Japan Bank for International Cooperation (JBIC) Sign Agreement - Under the Agreement the funds made available under the credit line are to be used to finance 85% of Russian borrowers’ import contracts value for the supply of high technology equipment and services of Japanese manufacturers, as well as to pay expenses in the Russian territory in the amount of 15% of these contracts value.

01.03.2007 /Investing Vnesheconombank Signs Agreement with Sumitomo Mitsui Banking Corporation (SMBC) and Japan Bank for International Cooperation (JBIC) - Japan Bank for International Cooperation (JBIC) and Sumitomo Banking Corporation (SMBC) signed a package of agreements on attracting credit resources worth 228 million US dollars to finance the project aimed at constructing and commissioning the Sheremetyevo-3 Air Terminal.

01.03.2007 /Events Vnesheconombank On Holding Tenders in March - On March 26, 2007, Vnesheconombank will hold tenders to dispose of funds in US dollars to make settlements with India (code C95), with the funds being received from India to repay its debt to the Russian Federation.

01.03.2007 /Operations BSGV offers mutual funds under management of "Troika Dialog" - Banque Societe Generale Vostok (BSGV) expands product line for individual customers starting distribution of mutual funds managed by Troika Dialog Asset Management.

01.03.2007 /Operations LOCKO-Bank placed its debut Eurobond issue - LOCKO-Bank became the smallest Russian bank to access the Eurobond market placing its debut US$100m three-year loan participation notes on 20 February 2007.

01.03.2007 /Financial Statements Bank of Moscow net profit totals 2.2 billion roubles for January 2007 - Bank of Moscow's pre-tax profit for January 2007 amounted to 2.3 billion roubles, with net profit of 2.2 billion roubles, representing a pre-tax profit increase of 2.3 times year-on-year from January 2006, and a net profit increase of 2.6 times.

01.03.2007 /Bank's Ratings RZB decorated as Best Bank in Austria. - Highly regarded US magazine Global Finance selected Raiffeisen Zentralbank Osterreich AG (RZB) as Best Bank in Austria.

Russian Stock Charts
EESR   RTSI   S&P Fut   S&P RUIX