OREANDA-NEWS. December 10, 2009. The State Corporation "Bank for Development and Foreign Economic Affairs" (Vnesheconombank) provided Transcapitalbank with a subordinated loan for a term of 10 years in the amount of 256 749 350 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 financing of priority sectors of the Russian economy: rocket and space industry, aircraft industry, shipbuilding industry, electronic industry, industry of conventional weapons, engineering (including car manufacturing, transportation, energy and agricultural machinery), housing, agriculture and food industry, pharmaceutical and medical industry, transportation (air, rail, river), leasing (in terms of purchases of domestic machinery), military-industrial complex, SME, lending of individuals for purchasing of real estate (mortgages) and automobiles of Russian production.

This is the second subordinated loan, received by Transcapitalbank from Vnesheconombank in 2009.