OREANDA-NEWS. January 17, 2011. Promsvyazbank has made a regular coupon payment in the amount of USD 8 062 500 under the USD 150 million 10.75 % Senior Loan Participation Notes (LPN) due 2013. The Notes were issued by PSB Finance SA, a special purpose vehicle incorporated under the laws of Luxemburg, on 15 July 2008.

About Promsvyazbank

OJSC OJSC Promsvyazbank, founded in 1995, is one of the leading privately-owned Russian banks, with total assets of RUB 461.7 bn, and total capital of RUB 60.5 bn under IFRS as of 1 October 2010. Holding company Promsvyaz Capital B. V. owns 72.93% of the Bank, Commerzbank Auslandsbanken Holding AG, a subsidiary of the second-largest German bank Commerzbank AG, has a 15.32% stake, and the European Bank for Reconstruction and Development owns the remaining 11.75%. PSB has the following international credit ratings: “Ba2” from Moody’s Investors Service; “BB-” from Fitch Ratings. As at 1 October 2010, PSB had a network of about 255 points of sale in Russia, including 47 branches, a foreign branch in Cyprus, and representative offices in China, India and Ukraine.http://eng.psbank.ru/