Bank24.ru goes through with second tranche

Sudostroitelny Bank (Shipbuilding Bank) coordinated the second tranche of Bank24.ru. The volume of the tranche comes to 100 million RUR; its profitability is estimated at 11.5% a year for 60 million RUR to be paid within six months’ time and at 12.5% a year for 40 million RUR to be paid within nine months’ time. The promissory notes are accepted by both Shipbuilding Bank and Bank24.ru.

‘Shipbuilding Bank is to support Bank24.ru’s secondary market, including repurchase operations and accepting the bank’s promissory notes as inter-bank loan collateral,’ Bank24.ru’s Treasurer Maria Shvetsova says.

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