OREANDA-NEWS. AK BARS Bank joined the syndicated loan for JSC Belagroprombank with EUR 10 mln. share . The facility agreement was signed on 22 March, 2017, total amount of the deal made up EUR 190 mln.

The syndicate participants list includes Otkritie Bank, Transcapitalbank, Promsvyazbank, Gazprombank, Russian Agricultural Bank, Sovcombank and others.

The funds provided by AK BARS Bank and other participants will be utilized for the borrower’s general business purposes, as well as for realization of trade finance contracts of the Borrower’s customers dealing with the supply of goods and equipment from the Russian Federation and other foreign countries.