OREANDA-NEWS. May 08, 2013. Sviaz-Bank’s branch in Irkutsk carries on cooperation with Servico LLC. It opened a revolving frame credit line of 400 million rubles to the company for a drawdown period of 36 months and an overdraft facility of 25 million rubles for 360 days to increase the company’s working capital. Besides, the company will be given a guarantee limit of 200 million rubles.

Servico LLC is the biggest distributing and logistical company in East Siberia operating on all the territory of Irkutsk and Chita regions, in the Republic of Buriatia, and Krasnoyarsk Territory. The company’s core business is the sale of beer, nonalcoholic beverages, juices, alcoholic beverages, and snacks.

Sviaz-Bank made the first loan of 45 million rubles to Servico LLC in 2009. In 2012, the Bank’s funding reached 320 million rubles in loans and 120 million rubles in guarantees. In 2013, the total limits of loan products issued (as loans, overdrafts, and guarantees) will rise to 625 million rubles.