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Bank news
14 April 2017 B&N Bank issues series BO-PO2 exchange-traded bonds in the amount of RUB 3 billion
12 April 2017 B&N Bank acts as co-lead manager on VSK’s RUB 4 billion exchange-traded bond issue
31 March 2017 B&N Bank pays fourth coupon on its series BO-08 and BO-09 exchange-traded bonds in the amount of RUB 433.8 million
28 March 2017 B&N Bank pays coupon on its 3-year Eurobond in the amount of more than US$ 6.3 million
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International business

For the third quarter of 2012, B&N Bank released the letters of credit and guarantees in amount around of 3.6 million USD. LC’s were issued within the framework of the contracts for the purchase of the equipment from Europe, as well as the purchase of food products from Asia. Various guarantees were issued in favor of the passenger carriage of IATA (International Air Transport Association). The Bank issued a number of guarantees in favor of the Russian FCS. Confirming and nominated bank were RAIFFEISEN BANK INTERNATIONAL AG, VTB BANK DEUTSCHLAND and LANDESBANK BERLIN.

For the second quarter of 2012 B&N Bank issued LC’s and guarantees in amount of 3.4 million USD. Issued LC’s were within the framework of the contracts for machinery equipment purchase from Japan and Europe. The Bank issued a number of guarantees in favor of The Central Excise Custom and Federal Customs Services.

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