Metallurgical Commercial Bank issued a loan to Revyakino Metal-Rolling Plant

Credit limit is RUR 150 mln (about $5 mln) and will be used for financing of turnover means.

Revyakino Metal-Rolling Plant is one of the regional steel market leaders in Russia. The Plant has two major product lines – production of metal constructions (reinforcing bar, square, strip) and garden equipment.

Metallurgical Commercial Bank (Metcombank) is a universal bank, which has operated in the Russian banking market for more than 20 years. The bank was founded on the basis of the metallurgical branch of Industrial-Construction Bank of the USSR in Cherepovets in 1990, which worked with ferrous and non-ferrous metal industry. In 2009 Metcombank was rated B3/Not Prime with stable outlook by Moody’s. The bank’s Financial Strength Rating is E+. Long-term credit rating in national scale is Baa3.ru.