B&N Bank has repaid the Syndicated Loan amounted to USD 27 mln.

B&N Bank has repaid the Syndicated Loan amounted to USD 27 mln.

On August 3, 2009 B&N Bank fully repaid the Syndicated Loan amounted to USD 27 mln. With the scheduled repayment of the loan amidst financial turmoil B&N Bank has demonstrated its status of a reliable borrower, solid financial position and healthy liquidity. The Syndicated Loan was arranged on August 4th, 2008 with a 12-month tenor. Landesbank Berlin AG and JSC VTB Bank acted as MLAs under the loan.

Latest News TransCreditBank arranged AHML's bonds On a Meeting of the Russian Development Bank's Supervisory Board Vnesheconombank Chairman Vladimir Dmitriev's Briefing on the Results of Vnesheconombank's Supervisory Board Meeting Annual General Meeting of Shareholders was held on June 26, 2009 LOCKO-Bank successfully repaid it’s RUR Eurobond issue On Payments on Eurobonds Transaction with GC "ESTAR" has been cancelled TransCreditBank paid more than 99 % of 2008 dividends Production and Trade Company "Agromat Ltd." Fulfils its Obligations on Payment of Interest Income of Series À, Â Production and Trade Company "Agromat Ltd." Fulfills its Obligations on Redemption of Series Ñ Bonds

Vnesheconombank Supervisory Board Regular Meeting Held Russian Prime Minister V.V. Putin chaired a meeting of Vnesheconombank (VEB) Supervisory Board: we need to discuss Vnesheconombank's participation in implementing the Government's measures to cope with the crisis, including the Bank’s participation in the programs designed to support small and medium-sized business. [Read...]