BTA Bank Repays Regular Tranche of Bank of Russia Loan
OREANDA-NEWS. October 09, 2009. LLS “BTA Bank” (Russia) continues to successfully meet its obligations with respect to service of funds, including the ones lent by the Central Bank of the Russian Federation, reported the press-centre of BTA Bank.
BTA Bank repaid a regular tranche of the Bank of Russia in the amount of 1.1 bln. rubles. Tranche repayment was made in full correspondence with the terms agreed on under the loan granted to BTA Bank by the Bank of Russia. The repayment was made from internal resources including scheduled receipts from the Bank’s borrowers.
LLS “BTA Bank” notes with satisfaction the positive tendencies of the development of the Bank’s business, the indirect evidence of which is timely and strict performance by the Bank of its obligations to lenders.
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