Bank of Moscow Concludes Loan Agreement with RUR 300 mln in Kazan
OREANDA-NEWS. December 1, 2011. The Kazan branch of the Bank of Moscow has concluded with OJSC KhK Tatnefteprodukt a loan agreement with a RUR 300 mln limit until to 28 October 2012.
The credit funds are extended to OJSC KhK Tatnefteprodukt for the purpose of replenishing its circulating assets. The Bank of Moscow has been co-operating with OAO KhK Tatnefteprodukt since 2009.
For information:
OJSC KhK Tatnefteprodukt is one of the Republic of Tatarstan’s biggest enterprises. The company’s core business consists in wholesale and retail trade in petroleum products, services to accept, store, release and trans-ship petroleum products, specialised engineering and technical, expert and regulatory work, and laboratory testing of petroleum products. The company has a developed petroleum sales infrastructure covering 39 of the 43 districts of the Republic of Tatarstan and a broad network of petrol and petrol/gas filling stations.
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