Russian Sviaz-Bank Allocate $50 Million to Belvneshekonombank

09.03.2011 15:00
Архив Редакция

Board of the Russian Sviaz-Bank announced on March 9 about a $50 million credit line for the Belarusian Belvneshekonombank. As reported in Sviaz-Bank, the allocated funds will be used to finance the real sector of the Belarusian economy. 

The Russian bank also reports that Sviaz-Bank initiated syndicated loans of $50 million for Belvneshekonombank. «As one of the most active participants in the market of investment services in Russia,» Sviaz-Bank is to become the main partner of Belarus in the bank transactions to raise resources from the capital markets,» the bank reported.