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CIS & Baltic States > Belarus
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Sberbank Gives Loan to Belarusian Tobacco Company

Sberbank of Russia has announced extending lines of credit to Belorusneft and Tabak Invest

The Moscow Bank of Sberbank of Russia in co-operation with BPS-Sberbank of Belarus extended a $50 million framework revolving credit line to Tabak Invest (Minsk). The term of the credit line is 36 months. The core business of Tabak Invest which was founded in 1997 is manufacture of tobacco products and development of the Korona chain of hypermarkets. The company has a customs terminal, a customs...

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