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23.11.2006

USD 26 million to finance foreign trade for the customers of Center-invest Bank

European Bank for Reconstruction and Development (EBRD) increased trade finance credit line 2 times up to USD 26 million for Center-invest Bank.

Additional USD 13 million within the framework of EBRD credit line will be channeled to granting loans for foreign trade operations of Center-invest Bank customers till the end of 2007.

From the beginning of 2006 Center-invest Bank has financed customers’ export operations to the amount of over USD 50 million, while import operations have been financed to the similar amount.

Thus, Center-invest Bank has already attracted to the economy of the South of Russia over 200 million Euro due to the cooperation with the largest international finance organizations