Vnesheconombank Granted to Transcapitalbank Subordinated Loan
OREANDA-NEWS. On 25 August 2009 was announced, that the state corporation “Bank for development and foreign economic affairs” (Vnesheconombank) has provided Transcapitalbank with a subordinated loan for a term of 10 years in the amount of 729 998 500 rubles pursuant to the Federal Law №173-FZ "On additional measures to support the financial system of the Russian Federation".
The granted funds will be directed to the lending of priority sectors of the Russian economy.
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