OREANDA-NEWS. JSCB “Promsvyazbank” signed a EUR3.8 million loan agreement with Banco Bilbao Vizcaya Argentaria S.A. (Spain) for a period of up to 6 years.

The loan is guaranteed by CESCE export agency. The raised funds will be allocated to finance purchase of technical equipment for ceramic bricks’ production within the contract concluded between Promsvyazbank’s client and Spanish company Solincer S.L.