Source Pravda.Ru

Sberbank Gives 15m-Dollar Credit To Gold Producing Company

Russian Sberbank signed a 15m-dollar credit agreement with the Pokrovsky Rudnik gold producing company (the Amur region). The money will be spent on the construction of a new gold mining factory, the press service of the bank reported to RosBusinessConsulting. It will make it possible for the company to increase the volume of production of "precious metal" 2-2.5 times as much.