NOMOS-BANK has attracted long-term loan of 54 million euros

Nomos attracts a 7-year loan of 54 million euros from the German Deutsche Bank AG and AKA Ausfuhrkreditgesellschaft mbH to finance the project, in which the LLC "timber" Partner-Tomsk " build in Tomsk is one of Russia's largest factories for the production and lamination of MDF. The plant will be the largest in its sector in Northern Federal District and one of the top three - in Russia. Financing of the transaction was approved by the Western banks by the German export credit agency Euler Hermes. "This is one of the largest deals involving a Russian commercial bank approved by the ECA Euler Hermes, - said senior vice president of Nomos' Alexander Royko. - A large amount of credit and long credit indicate high confidence in NOMOS-BANK from foreign partners . The proceeds will be used to purchase equipment for the plant from a German Dieffenbacher GmbH, a global leader in the manufacture of machine tools and machinery for the woodworking industry. NOMOS-BANK has opened two credit guaranteeing payment on contracts with Dieffenbacher GmbH. The first letter of credit guarantees payment for delivered Dieffenbacher GmbH + CO. KG machinery, as well as for providing the technological conditions for production line of MDF. The contract amount is 60.4 million euros, the payment letter of credit (including previously paid advance) - 51.3 million euros. Under the second contract Dieffenbacher Maschinenfabrik GmbH provides design, manufacture and supply of machinery, as well as providing technological regimes for korotkotaktovoy line lamination. Contract amount - 3.6 million euros, the payment letter of credit - 3,080,000 euros. NOMOS-BANK is a universal network bank with branches in all major Russian cities. Included in the top 15 Russian banks by asset size, as well as among the most rapidly growing commercial banks in Russia. The Bank is actively developing four major areas of its business: corporate, investment and private banking, and retail services. The first half of 2008 assets of NOMOS-BANK IFRS amounted to 233.2 billion rubles, credit portfolio - 170.5 billion rubles, own capital - 33,9 billion rubles. Net profit amounted to 2.8 billion rubles. LLC "timber" Partner-Tomsk "is building a plant for the production and lamination of MDF on-site area of ??43 hectares, which is located in the northern industrial center of Tomsk. The production capacity of the project is 264,000 m3 of MDF per year. The plant is projected power in the first half of 2010. The plant's products will be used in construction and furniture industries.