OREANDA-NEWS. On May 30, 2008 SlavinvestBank closed a transaction with the Black See Trade and Development Bank (BSTDB) to attract a loan of USD 15 million with a tenor of 5 years, reported the press-centre of SlavinvestBank.

The facility is aimed at financing SlavinvestBank’s customers, which are Russian small and medium enterprises (SMEs) for the purpose of their modernization programs, corporate development and investments.

This transaction has been executed within BSTDB programme to support Russian SMEs and became the first successful event within the cooperation of SlavinvestBank and the Black See Trade and Development Bank.