OREANDA-NEWS. April 17, 2012. The General Credit Facility Agreement with Raiffeisen Bank Polska S.A. is solemnly signed during the official visit to Poland of the Chairman of the Board of JSC “Belagroprombank” Mr. Vladimir I. Podkovyrov and the deputy Chairman of the Board of JSC “Belagroprombank” Mr. Siarhei P. Chuhai. In the signing ceremony the polish party was represented by the President of the Management Board Mr. Piotr Czarnecki and the Vice President of the Management Board Mr. Jan Czeremcha, reported the press-centre of Belagroprombank.     

The Agreement will meet the increased interest of the clients of JSC “Belagroprombank” in foreign credit facilities intended to finance foreign trade contracts which involve exports of industrial equipment and services originating from Poland.

The signing of the General Credit Facility Agreement will benefit to the enhancement of the tied financing resources attracted by JSC “Belagroprombank” on the financial market of Poland.

For information: Raiffeisen Bank Polska S.A. is a member of Raiffeisen Banking Group which is the largest banking group in Austria and Central and Eastern Europe. As of the end of 2010 the bank took the 13th place in Poland in terms of assets (about USD 9,2 bn.), bank’s net profit was fixed at USD 90 mln. JSC “Belagroprombank” actively cooperates with Raiffeisen Bank Polska S.A. in the sphere of Trade Finance and Documentary Operations since 2008.