OREANDA-NEWS. November 26, 2007. JSC "Transcapitalbank" and National City Bank ( Cleveland, USA) have signed $15,000,000 Long Term Loan Agreement under guarantee of the Overseas Private Investment Corporation (OPIC) of the U.S. goverment under its Global Framework Agreement with National City Bank, Transcapitalbank's press service announced. The tenor of the loan is 7 years with grace period of repayment under 2 years.

JSC "Transcapitalbank" plans to use attracted funds for financing regional SME and retail lending portfolio growth. National City Corporation (NYSE: NCC), headquartered in Cleveland, Ohio, is one of the nation's largest financial holding companies. The company operates through an extensive banking network primarily in Ohio, Florida, Illinois, Indiana, Kentucky, Michigan, Missouri, Pennsylvania, and Wisconsin and also serves customers in selected markets nationally. Its core businesses include commercial and retail banking, mortgage financing and servicing, consumer finance and asset management. For more information about National City, visit the company's Web site at www.nationalcity.com.

The Overseas Private Investment Corporation (OPIC) was established as an agency of the U.S. government in 1971 and helps U.S. businesses to invest overseas, fosters economic development in new and emerging markets, complements the private sector in managing risks associated with foreign direct investment, and supports U.S. foreign policy. Currently, OPIC services are available for new and expanding business enterprises in more than 150 countries worldwide. OPIC promotes U.S. best practices by requiring projects to adhere to international standards on the environment and worker and human rights. For more information about OPIC, visit www.opic.gov. The present deal (arranged and signed during the period of world crisis on financial markets, caused by mortgage problems on the market in USA) is the confirmation of high level of trust in JSC "Transcapitalbank" among overseas investors.