The EBRD and Russian investment bank Troika Dialog have inked a deal that will provide Troika a loan of up to USD 150 million over the next five years. The loan, which is senior ranking and unsecured, will provide Troika with a stable and long term source of capital, thereby allowing the bank to continue developing its business in Russian Markets. The EBRD deal comes on the heals of Troika finding a strategic partner in Standard Bank this past March.
The loan increases the EBRD’s total involvement in the Russian banking sector to $500 million.
Troika Dialog (www.troika-dialog.com)
Troika Dialog was founded by Russian-American Peter Derby in 1991. With 18 years of business activity in Russian and other CIS countries, Troika has become the largest private investment bank in the CIS.
Primary lines of business for Troika include alternative investments, asset management, capital markets, investment banking, and personal investments and finance. Currently the bank boasts a total of $6.3 billion in assets under management.
In addition to their Russian offices, they also maintain international offices in New York, London, Kiev, Almaty and Nicosia.