- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Nomos-Bank syndicates $185 mln loan for gold production

Subscribe
International
India
MOSCOW, April 5 (RIA Novosti) -- Nomos-Bank, a leading Russian commercial investment bank, said Thursday it has syndicated a $185 million loan to finance gold production and export operations.

The loan's lead organizers and bookrunners are RZB Group (Austria's Raiffeisen Group), Standard Bank Plc (U.K.) and Societe Generale Corporate & Investment Banking (France).

Founded in 1993, Nomos-Bank is on a Central Bank of Russia list of the country's top 30 banks by assets.

The bank's assets stood at 87.91 billion rubles (about $3.29 billion) as of July 1, 2006.

The bank intends by 2008 to expand its branch network, retail operations and relations with medium-sized corporate clients.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала