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Europlan III

Russia | Financial Institutions

Identification Code:: OP/06/0606
Total Operation Cost:: — USD
Maturity:: 37 months
Operation Status:: BSTDB Approved Amount – Approval Date

18.000.000 USD – 01 Dec 2006
: BSTDB Signed Amount – Signed Date

18.000.000 USD – 23 Feb 2007
: Status:
Completed
Description and Purpose of the Operation:: Financing new and refinancing the existing lease transactions with eligible SMEs for leasing industrial equipment, commercial vehicles and real estate.
Countries of Operation:: Russia (100,00%)
Financial Product:: SME's
Sector:: Financial Institutions
Domain:: Private
Borrower/Client:: Europlan (formerly Delta Leasing) headquartered in Moscow, is a well- established and managed company, one of the most active players in the Russian market of leasing services to SMEs operating in 40 regions. Leasing industrial equipment, commercial vehicles and real estate. Strong cooperation with over 100 equipment vendors in Russia. Received medium term loans from other IFIs.
Co-Financers/Participants:: —
Guarantors/Sponsors:: —
Developmental and Regional Cooperation Impact:: The BSTDB financing will provide the much needed medium-term funding for capital expenditures in Russian SME sector, contribute to job creation and institutional development of the leasing sector, as well as support business growth of a reputable service provider - Europlan.
Environmental Classification and Impact:: The company's environmental performance was analysed and found satisfactory to BSTDB and national environmental requirements.
Operation Leader:: Financial Institutions I
E-mail:: fi1@bstdb.org