OREANDA-NEWS. August 13, 2010. Frame Credit Agreement was signed between AK BARS Bank and UBS AG, according to which contracts of Russian companies will be financed for importing equipment from Switzerland and other countries of OECD under the guarantees of state export credit agencies of these countries, reported the press-centre of AK BARS Bank.

The total amount of the Credit Agreement is CHF 30 mln.

Financing will be granted for the period up to 5 years in Swiss francs, USD or Euro.