Raiffeisenbank has provided a loan in the amount of RUB 1.5 billion to Tver Carriage Works for working capital replenishment purposes, the bank informed.
Tver Carriage Works is one of Russia's leading producers of rolling stock for the rail transport industry. The geography of supplies covers the CIS countries and Eastern Europe.
Tver Carriage Works is operating as part of JSC Transmashholding, one of the leading producers of railway and urban rail transport vehicles, also a customer of Raiffeisenbank.
AO Raiffeisenbank is a subsidiary company of Raiffeisen Bank International AG. Raiffeisen Bank International AG is leading corporate and investment bank in the financial markets of Austria, Central Europe and Eastern Europe. In Central and Eastern Europe, Raiffeisen Bank International manages an extensive network of subsidiary banks, leasing companies and a wide range of providers of other specialized financial services in 14 markets.
