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The Siberian Bank of Sberbank will open line of credits to Siberian Airlines
Sberbank, Siberia - The credits will be secured by Siberian Airlines' property
The Siberian Bank of Sberbank will open a 1.425bn ruble (about USD47m) line of credits to Siberian Airlines. The line will be opened from September 2003 to the end of 2004. Credits will mature not later than in 1.5 years. An annual interest rate of each credit will not exceed 17 percent. The credits will be secured by Siberian Airlines' property worth 3.357bn rubles (about USD110m).
fra/pec - 51611
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency