OREANDA-NEWS. June 28, 2013. Sviaz-Bank’s branch in Yekaterinburg keeps on funding the Ural Plant RTI, OJSC. It has opened a revolving credit line of 150million rubles to the enterprise.

The borrower will use the loan to increase its working capital. The loan has been issued for a drawdown period of 24 months.

This is the third credit line to be opened by the Bank to the plant. The two previous loans were issued in 2011 and 2012. The total effective lending limit is 250 million rubles.

The Ural Plant RTI, OJSC, is a leading producer of mechanical rubber goods, some of which are truly unique, in Russia. Its output is praised highly by the industry’s experts and enjoys a high demand on the market.