OREANDA-NEWS. January 29, 2007. RosEvroBank signed individual Loan Agreement with Black Sea Trade and Development Bank for amount USD 20 million for 6 years. Funds will be intended for partial refinancing of mortgage portfolio of RosEvroBank, reported the press-centre of RosEvroBank.

Black Sea Trade and Development Bank (BSTDB) is an international financial institution formed by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine. BSTDB started its operations on 01 June 1999, is rated Baa1 (Moody's) and is headquartered in Thessaloniki (Greece).

On 24 January 2008 RosEvroBank (Moscow, Russia) signed Loan Agreement concerning attraction of syndicated loan for total amount USD 22,5 million for 1 year from a syndicate of foreign institutions led by Rosemount Global Trade Finance Fund L.P. (New York, USA) and National City Bank (Cleveland, USA). Besides these institutions banks from Portugal, Slovenia, the Netherlands and Russia participated in the Facility. RosEvroBank intends to use attracted funds for financing of export-import transactions of its customers.

On 27 December 2007 RosEvroBank signed individual Loan Agreement with the European Bank for Reconstruction and Development (EBRD) for amount RUB 620 million for 5 years. Funds are intended to support small and micro-lending programs of RosEvroBank as well as programs for lending of credit cooperatives.

RosEvroBank plans to publish its audited IFRS Financial statements as of 31 December 2007 by the end of February 2008.