OREANDA-NEWS. TransCapitalBank obtained MLT loan facilities amounting to approximately EUR 2,3 million for financing of the import transaction related to purchase of modern equipment for aviation industry produced by Maschinenfabrik Berthold Hermle AG and A.Monforts Werkzeugmaschinen GmbH & Co.KG (Germany).

The facilitied were granted by AKA Ausfuhrkredit-Gesellschaft mbH (AKA) and Landesbank Baden-Wьrttemberg for the period of up to 5 years within Basic Loan Agreement concluded by TransCapitalBank in June 2006. The funds will be utilized exclusively for payment of 85% from the contractual amounts. The equipment is purchased by JSC Aviaagregat, Samara - the leading Russian enterprise in projecting and production of landing gears for different types of aircrafts.