NOMOS-BANK Sets RUB 910mn Credit Limit for Svetoservis Group
OREANDA-NEWS. July 25, 2012. NOMOS-BANK has set a credit limit of RUB 910 million for Svetoservis Group, part of BL GROUP Holding, which is the biggest Russian provider of artificial lighting equipment and services. The Holding includes a full range of R&D, engineering and production resources, reported the press-centre of NOMOS-BANK.
Svetoservis and its regional affiliates will use the borrowings to replenish working capital, take part in tendering competitions and receive bank guarantees from NOMOS-BANK.
As well as providing credit, NOMOS-BANK carries out cash and settlement services for BL Group companies. The Bank’s cash and settlement services are used by LLC BL Trade, LLC Svetoservis, LLC Svetoservis Podmoskoviye, LLC Svetoservis St. Petersburg (served by the St. Petersburg branch of NOMOS-BANK), LLC Svetoservis Kuban and LLC Svetoservis Sochi (served by the Krasnodar branch of NOMOS-BANK).
NOMOS-BANK is also assisting Svetoservis in a “Partner” project, providing loan facilities to Svetoservis staff an special terms at low interest rates.
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