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Vneshtorgbank is mandated to arrange a syndicated loan for Forum Commercial Bank

 
31 January 2006

Vneshtorgbank together with Raiffeisen Zentralbank Osterreich AG and Standard Bank Plc. have been mandated to arrange a syndicated loan for Ukrainian commercial bank Forum amounting to not less than USD 25 million.

This is the second international syndicated loan to be arranged for a Ukrainian bank with Vneshtorgbank involved. Earlier, last year, Forum Bank raised a half-year syndicated loan worth USD 25 million.

In terms of assets amounting to USD 665 million, the Bank is ranked 12th among Ukrainian banks.


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