OREANDA-NEWS. July 23, 2012. Sviaz-Bank’s branch in Volgograd is to provide funds to VOLMA LLC in the form of a revolving credit line with a debt limit of 240 million rubles to be drawn down over 12 months. The borrower wants to use the loan to increase its working capital, reported the press-centre of Sviaz-Bank.  

“This is a third credit line Sviaz-Bank opens to the company. We are happy to keep up cooperation with VOLMA LLC, one of Russia’s biggest producers of gypsum and construction mixes,” said Vladimir Seroshtanov, Manager of Sviaz-Bank’s branch in Volgograd.

The current credit line has a debt limit of 77 million rubles.