OREANDA-NEWS. Vnesheconombank and OJSC “KD avia” have signed the agreement on granting the demand line of credit for the sum of $17,2 million for the period of 7,5 years.

According to the document the means allocated within the limits of the demand line of credit will be used for financing of contracts on purchase of the equipment for the passenger terminal being under construction at airport “Khrabrovo” (Kaliningrad) , which belongs to airline “KD avia”.

The general volume of means allocated by Vnesheconombank to OJSC “KD avia” makes $34 million. In September 2006, the Bank and Airline have signed the credit agreement on granting the demand line of credit at the rate of $16,8 million for financing of civil and erection works on reconstruction and expansion of the passenger terminal at airport “Khrabrovo”.