Sviaz-bank Issued Payment Guarantee by Order of its Client
OREANDA-NEWS. On July 06, 2007 the issue of this documentary instrument for amount EUR 14,6 mio was implemented in favor of Italian company IMAL S. r. l. for 9 month to guarantee payment for supplies of MDF manufacturing factory, reported the press-centre of Sviaz-Bank.
Senior Vice President Elena Shirinskaya noted: fruitful cooperation with foreign financial institutions allow Sviaz-bank to stay among Russian leaders of trade and structure finance.
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