Bank entered $35m Loan Agreement with KfW IPEX-Bank

Bank Saint Petersburg signed an agreement with KfW IPEX-Bank on raising USD 35 million for the term of 5 years. 

The proceeds will be used by the Bank for granting a loan to “Kaliningrad-Avia”, OJSC with the purpose of financing the terminal construction and equipment supply for Hrabrovo airport in the city of Kaliningrad.