OREANDA-NEWS. On August 05, 2009 "Bank Finance and Credit additionally discharged US5, 703 million of foreign loans in July", – Vice-chairman of the Board of the Bank Sergey Borisov has informed.

"The regular repayment of the sum over USD 5,7 million was realized by the Bank  Finance and Credit in the strict conformity with the strategy of re-structuring of external loans accepted by the Bank" – Mr. Borisov noted. "Today we can state that the direction of negotiations, which we follow with creditors together with our financial adviser – Morgan Stanley – shows its efficiency. We meet understanding and readiness for the dialogue from all our foreign partners". 

Information:
Earlier in March, 2009 the Bank Finance and Credit realized partial repayment for the sum of USD 3,5 million of external loans.