MDM Bank and JBIC sign loan agreement
The Japan Bank of International Cooperation (JBIC) has signed a US$50mn credit line with MDM Bank. The funds will be used to provide long-term financing to Russian companies importing Japanese machinery and equipment.
Under the terms of the agreement, JBIC will provide 60% of the sum, with the remaining 40% provided by Japanese commercial banks and secured by Nippon Export and Investment Insurance.
The agreement will help MDM offer new long-term financings to corporate clients with business agreements with Japanese manufacturers.
Under the terms of the agreement, JBIC will provide 60% of the sum, with the remaining 40% provided by Japanese commercial banks and secured by Nippon Export and Investment Insurance.
The agreement will help MDM offer new long-term financings to corporate clients with business agreements with Japanese manufacturers.
Last Edited: April 11, 2008 | Send to Friend
emeafinance, the complete information source for the finance industry in the EMEA region.
Singapore - October 5-6, 2010
2nd Annual Asia Trade & Export Finance Conference
London - November 3-4, 2010
2nd Annual West Africa Trade & Commodity Finance Conference
Cairo - November 10-11, 2010
3rd Annual North Africa Trade & Investment Conference
Gothenburg - November 18, 2010
3rd Annual Nordic Region Trade & Export Finance Forum
Dubai - February 15-16, 2011
8th Annual Middle East Trade & Export Finance Conference
