Project description
and objectives:
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The project envisages that the EBRD will provide a senior loan under the MPF for on-lending to small and medium-sized enterprises in Moscow, Saint-Petersburg and other Russian regions, where Rosevrobank operates.
The EBRD’s senior loan will help Rosevrobank to continue making progress with implementation of its development strategy that includes regional expansion and accelerated development of lending to small and medium-sized enterprises.
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Transition impact:
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The proposed transaction will provide long-term funding to Rosevrobank for the development of its lending to small and medium-sized enterprises including in the regions. The transaction will therefore promote the availability of financial services to the relevant segment of the Russian economy. The EBRD will also seek to support Rosevrobank in strengthening its institutional development.
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The client:
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Rosevrobank is a Moscow-based Russian bank with headquarters and several branches in Moscow, branches in St. Petersburg, Novosibirsk, Samara and Rostov-on-Don and representative offices 20 Russian regions.
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EBRD finance:
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The EBRD will provide a long-term senior loan for on-lending to the Russian small and medium-sized enterprises.
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Total project cost:
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USD 30 million.
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Environmental impact:
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Rosevrobank will be required to apply EBRD’s Environmental Procedures for Local Banks to all commercial lending activities and to submit annual environmental reports to the Bank.
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Technical
cooperation:
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None.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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Company contact:
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Alexander Arkhipov
Head of International Business Development Administration
Rosevrobank JSCB
24, Vavilova Street, Moscow 119991, Russia
Phone: 7(495) 938-3004,
Mobile: 7(495) 728-8612, 7(916) 668-6490,
Fax: 7(495) 938-3119
E-mail: A.Arkhipov@rosevrobank.ru
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EBRD contact:
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Alexander Saveliev, Operation Leader: saveliea@ebrd.com
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Business opportunities:
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For business opportunities or procurement, contact the client company.
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General enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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