OREANDA-NEWS.July 25, 2013. VTB Bank has extended to the Yalamov Ural Optical & Mechanical Plant two credit lines for a total amount of RUB 550 million to finance the company’s day-to-day operations.

The aggregate loan limit for the company in the bank stands at RUB 1.6 billion. VTB and Yalamov Ural Optical & Mechanical Plant have been developing cooperation since 2008.

“VTB has extensive possibilities for financing and providing comprehensive banking services to clients from Russia’s military-industrial sector and is ready to provide the plant with a whole range of banking products it needs for ensuring its dynamic development,” member of VTB Bank Management Board Valery Lukyanenko said.