The transaction on securitization of Open joint-stock company "Promsvyazbank" is recognized as the best in Central Europe and Eastern Europe

Show original

The transaction on securitization of the credits of MSP of Promsvyazbank is recognized to the best in Central and Eastern Europe
the Transaction on securitization of Open joint-stock company "Promsvyazbank" was noted by the EMEA Finance magazine, as the best in Central Europe and Eastern Europe in 2016. The award was handed over to representatives Open joint-stock company "Promsvyazbank" on solemn to an awards ceremony in London on June 8.

Open joint-stock company "Promsvyazbank" became the first to Russian Federation, fall of 2016 realized the sign transaction for the market on securitization of a portfolio of , having placed a class "A" on 7 billion rubles.

"What can be more important than support of , micro business and individual entrepreneurs in the world of finance? Especially if to consider importance of this segment of economy in which are occupied more than a quarter of a manpower of the country. In September of last year Open joint-stock company "Promsvyazbank" gave a new impulse to the Russian market of the capital, having successfully realized the country's first transaction on securitization of . 7 billion rubles will be directed by the attracted . For us honor to recognize this unique for Russian Federation the transaction as the Best transaction on securitization in Central Europe and Eastern Europe and to mark out her a high award, - Moore Christopher, the publisher and the director general of the EMEA Finance magazine emphasized. - Opening of the market of crediting of as for internal, and the international creates new prospects for development of the markets of the capital to Russian Federation. Now, when the first step is taken, it is possible to expect similar transactions of leasing and factoring portfolios in a segment of ".

"We are glad that this transaction gained recognition at the international level. For Open joint-stock company "Promsvyazbank" it was the pilot project confirmed our expectations of rather great demand on a new financial instrument for the Russian market and promoting as a whole development of the market of securitization. It is sure, the got experience will help to make MSP-securitization by the real instrument of funding of financing of . Further we plan to realize, at least, one more such transactions", - Shatalov Vladimir, the vice-chairman of Board - the head of the <6> Medium and small business block commented on Open joint-stock company "Promsvyazbank".

EMEA Finance - the independent British edition specializing on the financial analyst and publicizing of business processes in developing countries Europe, Near East and Africa (EMEA region). The magazine annually awards the best banks of the world in 20 nominations.