Sviaz-Bank Opens Credit to Tomsk Electric Power Distribution Company
OREANDA-NEWS. July 18, 2011. Sviaz-Bank has made a loan in the form of a revolving line of credit, with a debt limit of 400million rubles, to Tomsk Electric Power Distribution Company OJSC for a period of 24months, reported the press-centre of Sviaz-Bank.
The company plans to use the borrowed funds to increase its working capital.
Previously, in October 2010, the Bank gave Tomsk Electric Power Distribution Company a loan of 400 million rubles. Now, therefore, the total loan issued to the borrower has reached 800million rubles.
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