OREANDA-NEWS. December 13, 2013. "IBA-MOSCOW" Bank closed dual-currency syndicated deal by 8.33 million US dollars and 21.5 million Euros, is reported in a statement published on its website.

"IBA-MOSCOW" Bank signed dual currency syndicated loan for the purposes of foreign trade transactions of the bank customers on November 25, 2013. CJSC "Raiffeisen Bank" and "Raiffeisen Bank International AG" ("RBI Group") act as the Initial Mandated Lead Arrangers and Bookrunners of the transaction.

This transaction has received a positive response from a number of international investors, such as: Banka Kombetare Tregtare Sh.a., Bayerische Landesbank, PPF Banka a.s. and JSC "Rosbank", which participated as Mandated Lead Arrangers and also Baltikums Bank AS, Eurocity Bank AG and UBI Banca International s.a. - as arrangers and Anadolubank Netherland N.V. - as a co-arranger. Raiffeisen Bank International AG participates as Facility and Documentation Agent.

Loan period was one year with extension option for another 12 months. Loan is secured by a guarantee of the Open Joint-Stock Company "International Bank of Azerbaijan".

"IBA-MOSCOW" Bank (General License of Bank of Russia № 3395) was founded in 2002 as a 100 percent subsidiary of OJSC "International Bank of Azerbaijan". "IBA-Moscow" Bank is a universal bank, surely belonging to the top 150 largest Russian financial institutions.

Currently network includes 15 offices in Moscow, St. Petersburg and Yekaterinburg. "IBA-MOSCOW" Bank - a full and active member of several prestigious professional and community organizations, operating in Russia, is an authorized partner bank of the Moscow government.

"IBA-MOSCOW" Bank - participant of the Deposit Insurance System individuals (since December 2004). Since June 2012 is a professional participant of the securities market, has a license for brokerage activities and issue its own securities. Since May 2013 has a license of the Bank of Russia, granting the right to conduct operations with precious metals.