Bank of Moscow Expands Its Cooperation with TransStroy Group
OREANDA-NEWS. May 21, 2008. The Bank of Moscow has issued a credit to CJSC TransMonolit (member of the TransStroy Group of Companies) to the amount of 700 billion roubles. The total amount of the loan products granted to TransStroy, including credits, credit facilities, post-financed letters of credit and others; as of May 19, 2008 reaches 2,6 billion roubles.
"The financing was provided for different purposes, including: financing of import contracts for equipment supplies, technical re-equipment, replenishing of the current assets, securing participation in open tenders for placement of the city orders, — says the Director General of the Corporate and Investment Business Department of the Bank of Moscow, Igor Dubonosov. The TransStroy Group of Companies is a multi-profile venture and the Bank of Moscow offers it the widest possible range of banking products for all the lines of its activity".
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