OREANDA-NEWS. December 01, 2014. Within the time limits specified in the credit agreement Bank IBA-Moscow has carried out successfully the repayment of bi-currency syndicated loan in the amount of 21.5 million euro and USD8.33 million.

The International Bank of Azerbaijan reports that the loan finances were given by the syndicate of leading Western and Latvian banks such as RAIFFEISEN BANK INTERNATIONAL AG, BAYERNLB, BALTIKUMS BANK AS, as well as the largest Russian banks Raiffeisen Bank and ROSBANK.

This syndication is the second deal for IBA-Moscow in the 4th quarter of 2014 on which the Bank fulfills fully and accurately its obligations to the creditors.