Russia’s TransCapitalBank and Promsvyazbank arrange €75 syndicated loan for Belagroprombank
<p> MINSK, May 17 - PrimePress. Russia’s TransCapitalBank (TCB) and Promsvyazbank have acted as the authorized lead arrangers and bookrunners of a €75 million syndicated loan for Belagroprombank for one year with the possibility of prolongation for another year, the TCB press service said in a statement. </p> <p> </p> <p> Reportedly, the lead organizers of the syndicated loan are also Russia’s Roseximbank, International Finance Club, and Zenit Bank. </p> <p> </p> <p> “This is the 16th syndicated loan arranged by TCB for Belarusian banks. Thanks to these projects about €2 billion has been invested into the Belarusian economy in recent years,” said Yelena Shirinskaya, TCB board deputy chairperson. </p> <p> </p> <p> The press service of Belagroprombank reported that the syndicated loan was received on May 12, 2021. It has been Belagroprombank’s14th deal in the syndicated lending market. </p> <p> </p> <p> “The resources provided to the bank will be used to support foreign trade projects of the bank's clients,” said Belagroprombank. </p> <p> </p> <p> Registered in 1991, Belagroprombank is the second largest system-relevant bank in the country. Belarus, represented by the State Property Committee, holds the major share in the bank’s authorized capital - 91.34%. End </p>
2021-05-18
Primepress
Russia’s TransCapitalBank and Promsvyazbank arrange €75 syndicated loan for Belagroprombank
MINSK, May 17 - PrimePress. Russia’s TransCapitalBank (TCB) and Promsvyazbank have acted as the authorized lead arrangers and bookrunners of a €75 million syndicated loan for Belagroprombank for one year with the possibility of prolongation for another year, the TCB press service said in a statement.
Reportedly, the lead organizers of the syndicated loan are also Russia’s Roseximbank, International Finance Club, and Zenit Bank.
“This is the 16th syndicated loan arranged by TCB for Belarusian banks. Thanks to these projects about €2 billion has been invested into the Belarusian economy in recent years,” said Yelena Shirinskaya, TCB board deputy chairperson.
The press service of Belagroprombank reported that the syndicated loan was received on May 12, 2021. It has been Belagroprombank’s14th deal in the syndicated lending market.
“The resources provided to the bank will be used to support foreign trade projects of the bank's clients,” said Belagroprombank.
Registered in 1991, Belagroprombank is the second largest system-relevant bank in the country. Belarus, represented by the State Property Committee, holds the major share in the bank’s authorized capital - 91.34%. End