OREANDA-NEWS. March 10, 2009. Acting under governmental program to support retail trade network, VTB Bank keeps on lending to JSC The Seventh Continent, a leader in the Russian retail market, reported the press-centre of VTB. 

VTB made a short-term loan amounting to RUB 500 million. The funds will be channeled into financing current operating activities of the retailer.   

The volume of the credit limit set by the Bank to the retail trade network amounts to RUB 2.5 billion.   

There is a pipeline of applications for VTB financing from the leading retailers totaling more than RUB 30 billion.