On Completing Transaction in Extending Trade Financing to Vnesheconombank

27 march 2009 года
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State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ and the City Financial Company completed a transaction in extending trade financing worth 25 million US dollars to Vnesheconombank. The funds are made available under the agreement concluded  earlier.

 

The financial resources raised will be used by Vnesheconombank to finance foreign trade transactions conducted by Vnesheconombank’s customer enterprises.

 

Citi is a leading world financial company servicing about 200 million customer accounts in more than 100 countries throughout the world. It offers its private customers, corporations, and government institutions and organizations a wide range of financial products and services and it services natural entities, extends credits, provides corporate and investment products, broker’s services on the securities market as well as 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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