Volga | Finance, business

US WBC to loan additional $4m to NBD-Bank

24 Sep '10
Nizhny Novgorod-based NBD-Bank has announced plans to get an additional $4m loan with a US finance company World Business Capital (WBC).

The bank and the firm have agreed to increase an earlier opened line of credit by $4m, the bank specifies.

The funds are reportedly to be loaned for ten years, the interest rate has yet to be disclosed.

Under plans, the funds are to be used to finance small and medium businesses in Nizhny Novgorod, Kirov, Ivanovo and Penza regions, as well as the Republic of Chuvashia.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Tags: NBD Bank (14) / USA (138) / World Business Capital (0) / WBC (0) /

Latest News: Volga
20 Apr '18 | Finance, business | Technology & innovation
19 Apr '18 | Technology & innovation
26 Feb '18 | Technology & innovation
26 Feb '18 | Technology & innovation
12 May '17 | Technology & innovation | Industry, manufacturing
 

Feature stories

3 Apr '18
In regions most of European Russians will hardly ever...
21 Nov '17
Russian scientists have come up with what they say is...
7 Sep '17
Search (News archive - 21238)
Advertising
RB_Partners_Report
Advertising
gcvsymposium
Advertising
Independent Software Developers Forum
Advertising
Marchmont News

Latest News

22 May '18
Severstal, one of Russias largest mining and...
21 May '18
Qapsula, a new Russian telemedicine service, is...
18 May '18
Russian scientists in partnership with their Korean...

Most read stories from last week

21 May '18
Qapsula, a new Russian telemedicine service, is...
22 May '18
Severstal, one of Russias largest mining and...