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VTB provides 2.4 billion rouble loan to Arkhangelsk Region

 
30 August 2012

VTB provides 2.4 billion rouble loan to Arkhangelsk Region @ RIAN

The North-West Regional Centre of VTB Bank has won six government contracts to provide financing to the Arkhangelsk Region.

The bank will provide credit facilities of 2.4 billion roubles to the region after winning six public auctions.

The funds will be provided in the form of revolving credit lines for a term of one year and will be spent on financing the regional budget deficit.


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