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In 2006 Promsvyazbank notably extended volumes of raised funds from the world’s top banks under net (unsecured) facilities in order to perform documentary and guaranteed transactions and for trade and structured financing. The amounts of loan facilities with foreign banks increased in more than 53% to exceed US$1 bn.
Total amount of trade financing as of 01.01.2007
Geographic spread of project financing Aggregate project financing transactions in 2006 more than doubled to made up USD200.5 mln. In 2006, the number of the bank’s partners – export insurance agencies assuming Promsvyazbank’s risks on export financing for the term up to 12 years increased. Now the bank’s risks are assumed by nearly all export insurance agencies of Europe, America and Asia, as follows:
Total project financing as of 01.01.2007
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