OREANDA-NEWS. October 07, 2011. BNP Paribas provided a RUB 600 million medium-term loan to the Russian leading automotive leasing company Europlan. This three-year facility will be used to finance leasing of capital goods, mainly equipment, vehicles, and machinery, to small and medium-sized companies (SMEs) in Russia.

“We trust Europlan’s business model, deeply estimate its management and we are absolutely confident in the company’s business development success”, – said Blagoy Botchev, Head of Corporate Transaction Banking Europe in BNP Pariba, ZAO.

“BNP Paribas is a unique financial partner of Europlan, - noticed vice-president of Europlan business development department Alexander Mikhailov. – We are glad to continue our cooperation in credit activities after two successful syndicated loans partly provided by the Bank in 2007-2008”.

BNP Paribas credits allow Europlan to develop rapidly its business and to strengthen its positions in the Russian leasing market.