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VTB increases credit to Universal Leasing Company

 
23 September 2014

VTB increases credit to Universal Leasing Company.

VTB Bank has extended a RUB 700 million loan to Khabarovsk-based Universal Leasing Company. The purpose of the loan is to provide financing to lessees. VTB has provided the company with credit totaling RUB 1 billion.

Universal Leasing Company is one of the largest regional leasing companies and one of the top 30 players on the national leasing market. It also tops the ranking in Russia’s Far East in terms of the volume of newly signed lease contracts.

 
 
 
 
VTB Deputy President and Chairman of VTB Bank Management Board Mikhail Oseevskiy
«We plan to increase financing to the company because leasing is in stable demand on the market. Many companies use leasing as an effective way to renew their production assets.».
Mikhail Oseevskiy,
VTB Deputy President and Chairman of VTB Bank Management Board

                


For reference:

Universal Leasing Company was established in 2001. It currently serves over 270 companies in 10 regions of Russia.

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