Bank Saint Petersburg granted the USD 20 million loan to the GOZ Obukhovsky Zavod OJSC for the 1 year period.
Bank Saint Petersburg has long been a partner of Obukhovsky Zavod. The company belongs to the leading military-industrial complex plants and its production is of strategic importance for Russia.
Bank Saint Petersburg continues to finance the real economy companies. According to the results of 2008 its loan portfolio amounts to RUR 144.7 billion compared to RUR 94 billion for 2007.