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On the Completion of Transaction to Provide Vnesheconombank with Trade Financing

15 may 2009 года
#News
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State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and the Finance Company Citi completed the transaction to provide Vnesheconombank with trade financing worth 25 million US dollars. The funds were made available under the agreement concluded earlier.

The raised financial resources will be used by Vnesheconombank to finance foreign trade transactions by Russian companies which are Vnesheconombank’s customers.

Citi is the leading world’s finance company servicing about 200 million customer accounts in more than 100 countries in the world provides its private customers, corporations, government organizations and institutions with a wide range of financial products and services including services to natural persons, lending, corporate and investment products, broker’s services on the securities markets and capital management services.

 

Origin: Press Office of Vnesheconombank
Contact Person: Ekaterina Karasina
Phone: +7 (495) 608-46-93, Fax: +7 (499) 975-21-34
E-mail: press@veb.ru


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