Bank Saint Petersburg Opened Credit Line to “Admiralty Shipyards”

OREANDA-NEWS. March 6, 2009. Bank Saint Petersburg provided a 2 year USD 50 million line of credit for the “Admiralty Shipyards.”

The loan will be used to finance plant’s daily operations. The principal line of business of “Admiralty Shipyards” is design, production and modernization of civil and naval vessels of various types.