Rosbank Established Documentary Credit Facility for Norilsk Nickel
OREANDA-NEWS. June 22, 2012. Rosbank and Norilsk Nickel signed Documentary Credit Facility Agreement in the amount of 1.5 BN Roubles, reported the press-centre of Rosbank.
Under the Agreement, the Bank offers a range of Trade finance services for the client in the domestic and international markets, using the global benefits of Societe Generale group.
Michel Maсagno, Head of Corporate Business of Rosbank said: "Rosbank cooperates with the largest Russian diversified mining and metals company for over thirteen years, while Societe Generale group enjoys the relevant relationship for about ten years. The Agreement will further strengthen our long-standing relationship with this key corporate client of the group”.