Raiffeisen Leasing in Belarus has
secured loans worth $40m (€27.4m) and €15m from Priorbank and
Austrian Control Bank.
The lessor, a joint venture between Priorbank of Belarus, which
owns a 70 per cent stake, and Raiffeisen of Austria, which owns 30
per cent, will use the five-year loans to finance its leasing
transactions.
Since the beginning of 2008 Raiffeisen Leasing has borrowed around
$110m (€75m), including the latest round of loans.
Raiffeisen Leasing is the largest independent lessor in Belarus,
and specialises in vehicle, equipment and real estate leasing. It
works with manufacturers such as Volvo Truck, Scania, Daimler,
Schmitz Cargobull, and Renault Trucks.
secured loans worth $40m (€27.4m) and €15m from Priorbank and
Austrian Control Bank.
The lessor, a joint venture between Priorbank of Belarus, which
owns a 70 per cent stake, and Raiffeisen of Austria, which owns 30
per cent, will use the five-year loans to finance its leasing
transactions.
Since the beginning of 2008 Raiffeisen Leasing has borrowed around
$110m (€75m), including the latest round of loans.
Raiffeisen Leasing is the largest independent lessor in Belarus,
and specialises in vehicle, equipment and real estate leasing. It
works with manufacturers such as Volvo Truck, Scania, Daimler,
Schmitz Cargobull, and Renault Trucks.
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