OJSC RODOVID BANK Repaid First Tranche of Club-Deal Loan
OREANDA-NEWS. November 25, 2008. OJSC "RODOVID BANK" has repaid the first tranche of club-deal loan in amount of 7 mln. USD. According to the Agreement that was concluded in November, 19, 2007 among the Bank, Rosemount Global Trade Finance Fund L.P., and other financial institutions, RODOVID BANK must repay a loan on a total sum of 14 mln. USD. The second loan tranche (7 mln. USD) RODOVID BANK will repay next year – in November 2009.
OJSC "RODOVID BANK" has always paid and continues to pay much attention to fulfillment of obligations according to the Agreement’s conditions that are set between the Bank and its partners.
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