ZAO Europlan II

completed

Europlan or the company is Russia’s leading provider of automobile and equipment capital lease financing to local SME customers and IFC’s portfolio client since 2000. The company’s current portfolio is primarily comprised of assets in growth sectors of the Russian economy such as automobile manufacturing, trade, food production, machinery and printing. Its car lease portfolio with about 5,000 cars is the largest in Russia at present. Europlan has the widest national presence of any leasing company in Russia and besides its headquarters in Moscow, it has branches in St. Petersburg, Rostov-on-Don, Yekaterinburg, Nizhny Novgorod, Samara and Krasnodar and representation offices in other 15 regional cities. Project Concept: This project comprises an A Loan of up to $20 million to Europlan and would have a maturity of 6 years and envisage a Ruble-linked feature. The loan would be used by the Company to finance its leasing activities in Russia.