Vneshtorgbank, IMB and ZAO Raiffeisenbank Austria are mandated lead arrangers for a Rb500mn syndicated term loan facility for Tatfondbank, Kazan. Bookrunners are VTB and IMB.

The loan bears a fixed interest rate of 9.2% per year and has a maturity of six months with an extension option for further six months. Tatfondbank was founded in 1994. As of  July the bank was ranked ninth among the largest regional banks in Russia and second among the largest financial institutions of Privolzhskiy region by assets. The bank has 71 branches and outlets.