17 June 2004 08:47
VTB WORKING ON $300 MLN IN CREDIT LINE DEALS
MOSCOW. June 17 (Interfax) - Vneshtorgbank (VTB) is working on various deals using credit lines from foreign banks
and totaling about $300 million, VTB Vice President Denis Ursulyak said Thursday at a seminar in the Finnish
embassy.
One of the deals, totaling 100 million euros, will be to finance construction in line with an agreement with the
French export agency. The other 200 million euros will go to projects in the telecoms, power and other industries.
There will be four deals totaling 50 million euros in line with a 300 million euro line of credit that Mediobanka of
Italy opened for VTB. Another 7 million euros will be allocated to Teplostroiservis from a credit line from the Nordea
group of banks.
[Interfax] |
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