OREANDA-NEWS. February 07, 2014. Sviaz-Bank’s branch in Ufa, Bashkortostan, opened a revolving credit line of 100 million rubles to the Bashbeton Holding Company, LLC, for a term of 36 months. The borrower will use the loan funds to increase its working capital.

Bashbeton LLC is a holding company comprising six manufacturing companies working across the full range of operations to make concrete and reinforced-concrete products, beginning with sand and gravel quarrying and ending with output of ready products.

“This transaction has laid the beginnings of cooperation between Sviaz-Bank and one of Russia’s biggest manufacturing businesses. We envision great prospects for our partnership with Bashbeton from the angle of corporate services and the Bank’s special line of retail products that can be offered to employees of partner companies, including Bashbeton,” says Andrei Lygin, the branch manager.