Moscow Telephone Network to get credits for buying equipment
Vneshtorgbank will receive about $9.5m in credits from the HSBC bankholding for the Moscow Telephone City Network (MGTS) for buying Czechtelecommunications equipment. Two credit agreements were signed byVneshtorgbank and the HSBC bank holding today, the press service ofVneshtorgbank reported. The first one was signed with the Praguesubsidiary, HSBC Bank Plc. (London), the second one - with HSBC Bank (RR),the Moscow subsidiary, HSBC Bank Plc. Vneshtorgbank received these creditsfor 4.5 years..
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