OREANDA-NEWS. The Bank of Moscow has established credit limit in the amount of 570 million roubles for KAMI, GC. Within the framework of the established limit the Bank has granted a loan to replenish working capital and to refinance current loans of the company. The Bank also issues bank guarantees to secure the company's applications to participate in auctions/tenders for the right to enter into state and municipal contracts.

KAMI, GC is one of the leading Russian suppliers of industrial equipment for woodworking, metalworking, furniture production and other industries. The company performs design, installation, supervision and commissioning works, works under the state and municipal orders.

"We provide equipment to industrial enterprises, we create new industries and introduce modern technology and we are confident that with the support of our partner - the Bank of Moscow - we will make a significant contribution to the development of the industry in Russia, to the country's economic security, as well as to import substitution programme and the creation of new jobs," commented Nicholas Zaykin, the President of the KAMI Association.

"We are pleased that through the provision of financing to our customer KAMI, GC (one of the largest suppliers of equipment for manufacturing enterprises) we have the opportunity to contribute to the development of various industries," commented Evgeny Monin, Director of Corporate Sales Management Department of the Bank of Moscow.