VTB lends to North-West Telecom
March 22, 2011
JSC VTB Bank and JSC North-West Telecom (“NWT”) have entered into two revolving credit facility agreements. The RUB 3 billion and RUB 2 billion loans maturing in 3 and 5 years, respectively, will be channeled into business activities stipulated by NWT’s Articles of Association.
Provision of funds to JSC North-West Telecom, one of the largest Russian telecommunications operators, is aimed at enhancing its further development in the region.
Company — Rostelecom - North West
Full nameRostelecom - North West