Vnesheconombank Helps Sumitomo Mitsui Banking Corporation with Credit
OREANDA-NEWS. April 6, 2009. State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” and Sumitomo Mitsui Banking Corporation, Japan signed a Credit Agreement under the insurance cover of the export credit agency NEXI, Japan, which provides for opening a term loan for Vnesheconombank in the amount of 180 million USD and with the tenor of 10 years.
Credit resources will be utilized financing the project of construction of the 3rd terminal of the International Airport Sheremetyevo.
Respective agreement was signed in view to support credit agreement singed
by VEB with JSC Terminal in 2007 for the purpose of financing the Project.
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