Sberbank CIB opened JSC “Leasing company “Europlan” a credit line in the amount of 10 billion rubles for a period of 4 years. About it reports a press-service of the company.
The loan is earmarked for financing of leasing operations and refinancing of bonds and obligations to other banks.
“Leasing company “Europlan” is a key client of Sberbank in the Russian market of leasing. This transaction once again confirms the mutual benefit and long-term nature of the relationship with the largest player of the market,” commented Senior managing Director – head of financial institutions Department of the largest customers of Sberbank Olga Klyachko.
“The main factors of choosing a financial partner for the us are still favorable credit conditions and years of experience of cooperation. This is the sixth credit line open, PJSC “Sberbank of Russia” for the company “Europlan”. Credit limit this year is 10 billion rubles. We highly appreciate the trust to the independent lessor in the segment of small and medium businesses. Stable financing from largest Russian Bank will provide us additional opportunities for entering into new leasing transactions and assistance in the development of business of our clients” — says Alexander Mikhailov, General Director of JSC “LK “evroplan”.