OREANDA-NEWS. August 10, 2009. B&N Bank fully repaid the Syndicated Loan amounted to USD 27 mln., reported the press-centre of B&N Bank. 

With the scheduled repayment of the loan amidst financial turmoil B&N Bank has demonstrated its status of a reliable borrower, solid financial position and healthy liquidity.

The Syndicated Loan was arranged on August 4th, 2008 with a 12-month tenor. Landesbank Berlin AG and JSC VTB Bank acted as MLAs under the loan.