Volga | Finance, business

Sberbank to loan $23m to Saratov region

24 Sep '10
Sberbank has been announced the winner of an open tender, held by authorities in Saratov region, for a $23m loan contract, regional officials report.

Sberbank has reportedly offered the interest rate of 8.455%, while the starting interest rate was set at 9.5%.

Another bidder at the auction was VTB Bank, that offered 8.503% interest, the officials said.
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