Vnesheconombank and Deutsche Bank AG Sign Credit Agreement

Today, on June 7, in the course of the 22^nd Petersburg International Economic Forum, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and Deutsche Bank AG, Germany, signed an Individual Credit Agreement.

The Agreement provides for providing funds for a period of 8 years to refinance the credit line opened by Vnesheconombank for LLC Safonovsk Pig Breeding Complex. Funds in the amount of 48 million 240 thousands US dollars were made available for building a pig-breeding complex with the capacity of 12.5 thousand tons of meat a year in the Belgorod region.

Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 608-46-93, Fax: +7 (495) 975-21-34
E-mail: press@veb.ru

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