Pravex-Bank Plans to Attract USD 50 mln Syndicated Credit
OREANDA-NEWS. February 18, 2008. Being one of the biggest banks group PRAVEX-BANK is planning to attract syndicated credit at the amount from USD 50 m. in the first half-year of 2008, reported the press-centre of PRAVEX-BANK.
Bank is planning in such a way to use received funds for financing of credit programs development, including SME crediting, clients on trade financing. At this stage Bank announced public tender on selection of leading organizers with mandate (MLA).
"This bargain corresponds to total strategy of development and funding of PRAVEX-BANK, further diversification and reduction in price of attracted resources", — comments by Stepan CHERNOVETSKIY, Chairman of Supervisory Board of PRAVEX-BANK.
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