VTB Lends to STC Russia
OREANDA-NEWS. May 22, 2009. Under the program aimed at supporting domestic aviation industry VTB Bank has opened a RUB 2.5 bln credit facility to FSUE STC Russia, reported the Official website VTB Bank.
Nowadays, the company has already been provided with RUB 1.8 bln for a one-year period. The funds were channeled into financing current activity of the company.
Cooperation with air transport enterprises is a priority line of VTB business. Today, total volume of credit risks taken by VTB for making operations with air transport enterprises exceeds RUB 19 bln.
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