|                                                                                                                                                             |  | Uneximbank Signs EBRD Moscow Credit Line                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
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|**BISNISHome PageSearchBISNISEmbassyReportsCountryReportsIndustryReportsPublicationsSourcesof FinanceLeadsand EventsExchangeRatesState ExportsOtherSources** |  | July 1997The European Bank for Reconstruction and Development (EBRD) has signed a $20 million
credit line agreement with Uneximbank, Russia's largest private bank, to promote medium-term
lending to private-sector construction and other investment projects in the city of Moscow.  The
Uneximbank credit line fits into the broader framework of a five-year, $135 million credit line
available to a group of Moscow-based banks. The loan will support the growth and development
of the construction, property, and other economic sectors in Moscow. It will also provide
continued support of the Russian financial sector.  Gennady P. Kantserov, Uneximbank's deputy
chairman, signed the agreement on behalf of the Russian bank.  For more information, contact
Dean Peterson, U.S. Department of Commerce, Senior Commercial Officer at the EBRD, in
London at 011 44 (171) 338-6569 (voice), or 011 44 (171) 338-6487 (fax).This article is based on reporting from the U.S. Commercial Service.This report is provided courtesy of the Business Information Service for the Newly
Independent States (BISNIS)