Sviaz-Bank Enters into Agreement with Kamsky kabel LLC
OREANDA-NEWS. April 05, 2013. Sviaz-Bank’s branch in Perm has entered into an agreement with Kamsky kabel LLC to open a revolving credit line with a limit of 250 million rubles for a term of nine months to the company to increase its working capital.
Previously, in 2011 and 2012, Sviaz-Bank funded the company to the tune of 800 million rubles in all, with a limit of 100 million rubles in bank guarantees. Over the two years of collaboration, the company has built a reputation of a dependable borrower and partner of the Bank, and the Bank’s top officials have resolved to raise lending limits for the company.
Kamsky kabel LLC is Russia’s biggest manufacturer of cables and wire products. Its customers include large enterprises in the aircraft, shipbuilding, space, oil and gas, and construction industries in Russia and CIS countries.
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