OREANDA-NEWS. September 08, 2009. Payment of debt and interest was effected on September 1st, 2009 in due time and in full in accordance with the terms of USD 55,000,000 Syndicated Term Loan Facility Agreement dd September 2nd, 2008, reported the press-centre of Belagroprombank.

Such respected names as Credit Suisse (Switzerland), Banco Finantia S.A. (Portugal), Intesa Sanpaolo S.p.A. (Italy) together with JSC VTB Bank (Russia) acted as MLAs under the USD 55,000,000 syndicated loan. Many honoured financial institutions from Europe and Eastern Asia took part in the deal.

The funds were raised despite turbulent times on the world financial markets. The proceeds of the syndicated loan were passed to Bank’s clients in order to encourage and support their international trade operations.

The fact that Belagroprombank JSC redeems its financial liabilities in due time and in full yet again demonstrates to its honoured partners the accuracy of chosen by Belagroprombank development strategy as well as taken financial decisions.

Belagroprombank JSC appreciates the co-operation of all the participants of the syndicated loan and expresses hope for further fruitful work and execution of new joint projects.