foir print

21.08.2002

Bank Center-invest has received money of the World Bank for investment projects

Within the loan agreement with International Finance Corporation (IFC) Bank Center-invest has received the first USD 1 million tranche for the term of 34 months.

The agreement with IFC, a member of the World Bank Group, was signed on May 14, 2002. Under terms of the agreement Bank Center-invest will exercise long-term crediting (up to 3 years) small and medium enterprises of the Rostov region. Means of the first tranche are going to be used in crediting the Don agricultural processing enterprises.

It should be reminded that today Bank Center-invest is the largest creditor of the Don economy among the Rostov banks. On August 14, 2002 loan portfolio of the Bank has exceeded RUR 1.5 billion.