Registration was successful!
Please follow the link from the email sent to

Gazprombank attracts $900 mln 3-year syndicated loan

© RIA Novosti . Ruslan Krivobok  / Go to the photo bankGazprombank attracts $900 mln 3-year syndicated loan
Gazprombank attracts $900 mln 3-year syndicated loan - Sputnik International
Subscribe
Gazprombank, one of Russia's five largest banks, has attracted a $900 million three-year syndicated loan at LIBOR +2.50%, the Gazprom-controlled bank reported Tuesday.

Gazprombank, one of Russia's five largest banks, has attracted a $900 million three-year syndicated loan at LIBOR +2.50%, the Gazprom-controlled bank reported Tuesday.

The funds will be used for the bank's general corporate needs, including the financing of trade contracts, the bank said.

As of January 1, 2010, Gazprombank's assets exceeded 2 trillion rubles ($65.3 bln). The bank's net profit in 2009, calculated to Russian Accounting Standards, dropped 57% year-on-year to 9 billion rubles ($294 mln).

MOSCOW, September 14 (RIA Novosti)

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