OREANDA-NEWS. December 31, 2010. As part of strategy for support of real economy enterprises in Russian regions, TransCapitalBank obtained MLT loan facilities for medium-term financing of the import transaction related to purchase of equipment produced by SHW Werkzeugmaschinen GmbH (Germany ) amounting to approximately EUR 1,0 million under Euler HERMES insurance cover.

The facilities were granted by Commerzbank AG for the period of up to 5 years under the insurance cover provided by Euler HERMES Export Credit Agency; the funds will be utilized exclusively for payment for the imported equipment. The equipment is purchased by one of the leading Russian (Samara city) enterprises for projecting and production of landing gears for different types of aircrafts.