OREANDA-NEWS. December 23, 2010. Sviaz-Bank is going to open a nonrevolving line of credit with a disbursement limit of 2.5billion rubles to the FSUE Post of Russia. The borrower can draw down the funds for 12 months from the signing date of a loan agreement, reported the press-centre of Sviaz-Bank.

“The Post of Russia has been a key partner for the Bank over more than 19 years of the Bank’s history, and still is now. We coordinate efforts with it in completing our joint projects and handle this strategic postal business’s heavy financial flows,” said Igor Burt-Yashin, Director of Sviaz-Bank’s Loan Department.

“We hope that our financial support will promote development of the Post of Russia and help it put its vital social programs into life.”