OREANDA-NEWS. JSCB “Promsvyazbank” (CJSC) signed two 5-years loan agreements with total amount of EUR1.7 million.

According to the agreement with DZ BANK AG (Germany) Promsvyazbank will be provided with EUR885 846 loan, guaranteed by Euler Hermes, German export credit agency. According to another agreement, Promsvyazbank will receive a loan of EUR848 301 from DANSKE BANK A/S (Denmark), the deal is guaranteed by export agency of Sweden - EKN.

The raised funds will be allocated to finance purchase of semitrailers and chassis for trucks within the contracts between Promsvyazbank’s client and Fahrzeugwerk Bernard Krone GmbH (Germany) and Volvo Truck Corporation (Sweden) companies.