OREANDA-NEWS. March 14, 2008. The second phase of an investment project to expand Bank Electronika’s branch network has been completed. Bank Bayerische Hypo- und Vereinsbank AG (Munich) is financing the project under an interbank agreement. Bank Electronika received the second trance from the German partner on February 29, 2008. It totaled 3,627,800 Swiss francs. The third and final tranche, for 2,835,345 Swiss francs, was received on March 11, 2008. The loan facility has been furnished to November 2016.