Vozrozhdenie Bank released banking guarantees for the execution of the buses delivery contract, the Bank informed.
The guarantees in the volume of $2.5mln were launched in favor of Higer Bus Company Limited (China).
In line with the contract Higer Bus Company Limited is obliged to provide Volgabus Volzhsky with the chassis sets.
The components for the buses should be delivered within a large contract with one of the passenger carriers in Moscow reg.
Vozrozhdenie Bank (TIN 5000001042) was set up in 1991. It is rated as one of 30 largest banks in Russia. In 1997 the ADRs trading was started on foreign stock markets. Since 2004 the Bank entered into the register of the banks-participants of the program.
"AK&M", 14:09, 17.05.2018 1251 BNK,AKM