On Holding Corporate Workshop “Syndicated Lending. Theory and Practice”

Vnesheconombank held a corporate workshop “Syndicated Lending. Theory and Practice.” The workshop covered vital issues of syndicated lending.

The workshop focused on the following issues: structure, content and conditions precedent of syndicated agreements, trends in the syndicated lending market, legal aspects of syndicated transactions, specific features of handling syndicated transactions under applicable Russian legislation.

Both Russian and foreign banks that participated in the workshop regarded it as very important and highly relevant. Although syndicated lending transactions are showing great promise and advancing rapidly in the Russian banking sector, their progress is still hampered by the lack of appropriate expertise in conducting syndicated transactions, the absence of special regulations and the limited number of syndicated lending market makers, said the participants in the workshop.

The format of the workshop proved to be its distinguishing feature: representatives of Dresdner Kleinwort, London; Bank Austria Creditanstalt AG;Vienna; Deutsche Bank AG, London; Raiffeisen Zentrabank Osterreich AG, Vienna; Vneshtorgbank as well as such law firms as Baker&McKenzie and Salans held their sessions in the form of master classes.

High professional standards of the speakers evinced immense interest among Russian and CIS countries’ banks. Vnesheconombank’s corporate workshop was attended by Bank TuranAlem, Belgazprombank, MICE,the First Czech-Russian Bank, Roseximbank, the Russian Development Bank, Svayz-Bank, Slavinvestbank, Transkapitalbank, Uralsib, URSA-Bank, Khanty-Mansi Bank.

Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 208-46-93, Fax: + 7 (495) 975-21-34
E-mail: press@veb.ru

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