OREANDA-NEWS. October 14, 2011. In line with a strategy to actively finance businesses, Universal Bank provided a three-year loan of approximately UAH 13 million to Tetrada Ltd., a leading manufacturer of high quality paper stationery products in Ukraine, for plant construction. Thanks to the Bank’s funding, the company completed the plant construction and site improvements what enabled it to concentrate the entire production in one facility and optimize production costs.

The newly built Tetrada Ltd. complex includes modern manufacturing facility and storage facilities with a total area of 6,400 sq.m. for the storage and preparation of goods for shipment.

“We are pleased with the agreement that we have reached with Universal Bank”, said Vladimir Chaykovskiy, Tetrada Ltd. director. “The loan package provides us with a number of benefits, including long enough lending period and an attractive interest rate, which all in all will have a positive impact on our manufacturing, logistics and administrative processes.”

“Lending to small- and medium-sized businesses is one of the main priorities for Universal Bank. We are committed to building effective partnerships with its representatives. We are open to real cooperation and that’s why we offer flexible and attractive loan terms. The agreement with Tetrada Ltd. is a clear proof of that”, said Evgeniy Zaigrayev, Head of Universal Bank SME department.