OREANDA-NEWS.  July 04, 2008. JSCB "PRAVEX-BANK" concluded Mandate with Bayerische Landesbank ("BayernLB"), Intesa Sanpaolo S.p.A. ("Intesa") and Standard Bank Plc ("Standard Bank") to organize on its behalf short-term syndicated credit to the amount of USD 15,000,000, reported the press-centre of PRAVEX-BANK.

Syndication process was started on June 27, 2008. This syndicated credit is debut one for JSCB "PRAVEX-BANK".