02.04.2007, 12:37
JSCB "Promsvyazbank" Has Signed a Loan Agreement with the EDC
OREANDA-NEWS. Under this agreement EDC will provide the bank with a loan worth US$7,2 million for a period of 3 years. The loan proceeds will be used to finance the contract for airplane maintenance signed between a large Russian air company and a specialized Canadian company, reported the press-centre of JSCB “Promsvyazbank”. The deal evidences another example of successful co-operation between Promsvyazbank and EDC. As of today, the total volume of financing, the agency provided to the bank, has exceeded $52,7 million.
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