More NewsOpen Joint Stock Company RODOVID Bank US$ 20,000,000 Syndicated Term Loan Facility

Open Joint Stock Company RODOVID Bank US$ 20,000,000 Syndicated Term Loan Facility

Standard Bank Plc, as Mandated Lead Arranger, and a syndicate of lenders have signed a USD 20 million Syndicated Term Loan Facility (“the Facility”) for OJSC RODOVID Bank, Ukraine (“RODOVID”). The signing took place in London, on April 25th, 2007. The deal was 100% oversubscribed and RODOVID elected to increase the facility amount from the US$10 million launch amount. The oversubscription underlines the strong confidence of international investors in Ukraine and in the Ukrainian financial institution sector. RODOVID BANK, Ukraine’s fastest growing and 20th largest bank by assets in 2007, and 18th in terms of capital was created in 1990 as open JSC Bank Percombank, it is licensed and regulated by the NBU. With the arrival of new shareholders and management in the summer of 2004, the bank was renamed RODOVID.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha