OREANDA-NEWS. VTB Bank signed an agreement with Export Development Canada on increasing the existent credit line from с USD 50 million to UDS 150 million to finance Canadian export of goods and services to Russia.

In addition to the increased credit line, its term was also extended from 7 to 10 years, and the financing can be provided both in US dollars and Euros.

The initial credit line was almost fully disbursed to finance deliveries of technology equipment for metallurgical industry.