Vneshtorgbank and IMB have been appointed mandated lead arrangers and bookrunners for a Rb500mn debut syndication for Slavinvestbank (Russia). The loan bears a fixed interest rate of 9.5% per year and has a maturity of 364 days.

Slavinvestbank was founded in 1994. It is a universal bank that supports corporate business and private enterprise development, provides banking services to individuals and companies and partnership programs to other banks.

In February 2006 it was ranked 79th in Russia by the Bankers “Almanac.

Bank TuranAlem owns 15.63% of the bank’s equity. Another 84.16% is held in trust management with TuranAlem Capital, the company established in 2004 and wholly owned by Bank TuranAlem.