|
17.07.2009 /Operations
On Signing a Framework Credit Agreement between Vnesheconombank and KfW IPEX-Bank
- Under the Agreement the credit line is to be used to finance projects aimed at boosting the development of the Russian economy with the projects providing for supplying equipment to the territory of the Russian Federation from Germany and other European countries.
17.07.2009 /Operations
On Signing a Memorandum of Understanding between Vnesheconombank and KfW
- Under the Memorandum, Vnesheconombank and KfW have agreed for OJSC Promsvyazbank to join the German-Russian Initiative on Financing Small and Medium-Sized Enterprises in status of participant and stated their intentions to go on implementing the said joint initiative and take measures to seek new participants.
17.07.2009 /Operations
Vnesheconombank's Guarantee to the Banking Group KfW to Secure Promsvyazbank's Obligations
- The Credit Agreement between Promsvyazbank and KfW was signed within the framework of "The German-Russian Initiative on Financing Small and Medium-Sized Enterprises" in April 2009. Under the Agreement, KfW is to extend a credit worth 30 million US dollars for a period of 5 years to Promsvyazbank in order to finance small and medium-sized enterprises.
|