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Obuv Rossii Group of Companies Has Increased Its Lending Limit in VTB Bank up to 3.5 Bln Rubles
VTB Bank and the Obuv Rossii Group of Companies have signed a credit agreement for the Bank to open a reversible credit line for the Group for the amount of 1.4 bln rubles for the period of 5 years. As a result of the deal, the total lending limit provided by the Bank to Obuv Rossii has increased up to 3.5 bln rubles. The attracted funds will be used by the company to finance its working capital and day-to-day operations.