EBRD – RUSSIA
January 1st, 2004
BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) and Japanese-owned Sumitec International are creating a US$45 million facility, providing lease financing for Russian companies expanding or modernising construction equipment. The scheme will focus on Siberia and other far-east regions of Russia, which - said the bank - "are currently under-serviced by the leasing industry."
THE EUROPEAN Bank for Reconstruction and Development (EBRD) and Japanese-owned Sumitec International are creating a US$45 million facility, providing lease financing for Russian companies expanding or modernising construction equipment. The scheme will focus on Siberia and other far-east regions of Russia, which - said the bank - "are currently under-serviced by the leasing industry."
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