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You are here : World News – Russian opinion» RUSSIA» VTB almost doubled the credit limit Amur Shipping Company

VTB almost doubled the credit limit Amur Shipping Company

Posted By Russian Opinion. Under RUSSIA  Tags: Banks and Loans  

"The program of fleet renewal Amur Shipping Company provides for the acquisition of four vessels of" river-sea "a total capacity of 25,000 tons and the renovation of the fleet. In 2010, with funding from VTB under this program Company has acquired two cargo vessel ", – said Ekaterina Mezhevinkina. She clarified that the Amur Shipping Company pays special attention to the development of maritime transport and commissioning of more modern vessels increased weight will increase the profitability and competitiveness of the shipping company at the rate of freight, cargo type and geography of sea transport. The interviewee also noted that this year, a subsidiary of the bank – VTB Leasing has opened the shipping company limit for leases of 400 million rubles. According to her, cooperation between the bank and the Amur Shipping Company is developing since 1997. In addition to funding, VTB maintains import and export contracts for the company, provides payment services, foreign exchange control, placing a deposit. Amur Shipping Company (Amur Shipping Company (ASCO), the holding Russian Forest Products (RFP) Group) – one of the largest transportation companies in Siberia and the Far East. Company provides transportation of passengers and goods by means of river and sea transport, the geography of transport in Russia – Amur and Jewish Autonomous Region, Khabarovsk Territory, abroad – Japan, South and North Korea and China. During the year the company transports about 1.3 million tons of cargo and more than 900 thousand passengers. Khabarovsk branch of VTB Bank has branches in the city of Komsomolsk-on-Amur, the village of Vanino (Khabarovsk Territory) and the city of Yuzhno-Sakhalinsk, is a leading regional banking market.

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