IFLR1000

Sovcombank $25 million financing

1/1/2019
Financing
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$ 25 million

Announced

1/1/2019

Overview:

  • Russian bank Sovcombank has taken out a $25 million trade finance facility from the Black Sea Trade and Development Bank to extend export and import financing to  small and medium-sized businesses.

Prin Shasiharan - Researcher

Jurisdiction:

Russia

Deal type:

Financing

Practice area:

Banking

Industry sectors:

Banking
Financial services

Firm:
Norton Rose Fulbright

Party: Black Sea Trade and Development Bank (Lender)

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