Source Pravda.Ru

Sberbank opens credit line for Aeroflot

On December 10, 2002, Sberbank and Aeroflot signed an agreement on opening a credit line totaling $27m for an 18-month period. According to the provisions of the document, Sberbank is to provide credit resources under a floating interest rate (based on LIBOR), which is comparable to interest rates offered by western banks, the press service of Sberbank reported.

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