OREANDA-NEWS. November 12, 2013. Sviaz-Bank’s branch in Tyumen and the Yugra Leasing Company (YuLK), OJSC, have signed a General Agreement on a revolving framework credit line with a debt limit of 250 million rubles to be opened to the company.

The credit line funds will be provided for a drawdown period of up to five years for the borrower to purchase machinery and equipment to be leased out.

YuLK has been cooperating with Sviaz-Bank since 2012 when the Bank opened a first credit line of 250 million rubles to the company.

The Yugra Leasing Company, OJSC, is a major lease operator in the interregional market. It provides financial leasing services on the territories of the Ural and Siberian Federal Districts. YuLK OJSC operates in all segments of the leasing market, offering financial and buyback leasing services in freight and passenger transportation vehicles, passenger cars, civil construction and road building machinery and equipment, utility equipment, housing utility equipment, and logging machinery and equipment.