AMKODOR Entered into Credit Contract with the Public Joint Stock Company Moscow Industrial Bank
On 11 October 2017, the delegation of the Public Joint Stock Company Moscow Industrial Bank (PJSC MInBank) headed by its President A. Arsamakov visited the JSC AMKODOR, holding managing company. The delegation of the PJSC MInBank also included: A. Arsamakov, Vice-President, S. Gakaev, Head of the Bank’s President Office, R. Hutaev , Head of the Corporate Unit, E. Buzov, Head of the Unit Risks, E. Ryabyh, Manager of the Noncommercial Association Bryansk Regional Management of the PJSC MInBank. The Belarusian party was represented by the heads of the AMKODOR holding and the holding partners were represented by G. Mitskevich, Director General of the Belarusian Republican Unitary Enterprise Beleximgarant, and M. Olshanksy, First Deputy Director General.
The delegation got acquainted with the products of the AMKODOR holding and activities of its enterprises.
The prospects of the company development, modernization of the existing enterprises and establishment of new holding enterprises were discussed during the talks. The President of the PJSC MInBank expressed his willingness to finance investment projects implemented by the AMKODOR holding in the Republic of Belarus and within the territory of the Russian Federation.
Crediting of the LLC Amkodor-Bryansk modernization project was discussed in order to increase its scope of the manufactured products, as well as financing of supplies of the AMKODOR machinery to the Russian Federation, including supplies in leasing.
The credit contract was signed between the AMKODOR holding and the Noncommercial Association Bryansk Regional Management of the PJSC MInBank guaranteed by the insurance company of the Belarusian Republican Unitary Enterprise Beleximgarant.
For reference. The Public Joint Stock Company Moscow Industrial Bank (PJSC MInBank) was established in November of 1990 on the base of Moscow Urban Management of Promstroybank of the USSR. Bank business priority area is crediting of real economy sector. The PJSC MInBank is ranked the 31st in the ranking of the biggest banks of Russia determined by the Central Bank of the Russian Federation. It has more than 240 departments in 27 regions of Russia in five federal districts.