On Holding Tenders in March

27 february 2007 года
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On March 26, 2007, Vnesheconombank will hold tenders to dispose of funds in US dollars to make settlements with India (code C95), with the funds being received from India to repay its debt to the Russian Federation.

Besides, each Monday Vnesheconombank holds tenders to dispose of funds in Indian rupees (code C 45) being received from India to repay its debt to the Russian Federation.

For more information on holding tenders, organizations and banks wanting to participate in the tender could contact Vnesheconombank’s Interstate Debt Obligations Directorate.

Contact telephones: 204-64-13, 204-65-12

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On Holding Corporate Workshop “Syndicated Lending. Theory and Practice”

20 february 2007 года
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Vnesheconombank held a corporate workshop “Syndicated Lending. Theory and Practice.” The workshop covered vital issues of syndicated lending.

The workshop focused on the following issues: structure, content and conditions precedent of syndicated agreements, trends in the syndicated lending market, legal aspects of syndicated transactions, specific features of handling syndicated transactions under applicable Russian legislation.

Both Russian and foreign banks that participated in the workshop regarded it as very important and highly relevant. Although syndicated lending transactions are showing great promise and advancing rapidly in the Russian banking sector, their progress is still hampered by the lack of appropriate expertise in conducting syndicated transactions, the absence of special regulations and the limited number of syndicated lending market makers, said the participants in the workshop.

The format of the workshop proved to be its distinguishing feature: representatives of Dresdner Kleinwort, London; Bank Austria Creditanstalt AG;Vienna; Deutsche Bank AG, London; Raiffeisen Zentrabank Osterreich AG, Vienna; Vneshtorgbank as well as such law firms as Baker&McKenzie and Salans held their sessions in the form of master classes.

High professional standards of the speakers evinced immense interest among Russian and CIS countries’ banks. Vnesheconombank’s corporate workshop was attended by Bank TuranAlem, Belgazprombank, MICE,the First Czech-Russian Bank, Roseximbank, the Russian Development Bank, Svayz-Bank, Slavinvestbank, Transkapitalbank, Uralsib, URSA-Bank, Khanty-Mansi Bank.

 

 

Origin: Press Office of Vnesheconombank
Contact person: Svetlana Nikitina
Phone: +7 (495) 208-46-93, Fax: + 7 (495) 975-21-34
E-mail: press@veb.ru

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