PRESS: Sanctioned Deripaska refuses state support due to bad terms - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PRESS: Sanctioned Deripaska refuses state support due to bad terms

MOSCOW, Jul 2 (PRIME) -- Russian businessman Oleg Deripaska, who was included in a sanctions list by the U.S. earlier this year, has turned down the support of Promsvyazbank due to unfavorable lending conditions, Vedomosti business daily reported on June 30.

УOleg Deripaska has refused state lending via Promsvyazbank. The lending conditions, offered by the state bank, including the rate, were unacceptable,Ф the daily reported quoting DeripaskaТs representative.

A representative of DeripaskaТs aluminum giant UC RUSAL confirmed the information. He added that the conditions were worse than the market conditions.

Promsvyazbank declined to comment.

End

02.07.2018 08:59
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 76.9498 -0.1194 16 jan
USD 67.0820 -0.1100 16 jan
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1148.03 +0.08 18:50 15 jan
micex 2439.55 -0.02 18:50 15 jan
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 158.15 -1.45 18:49 15 jan
lkoh 5195.00 -0.10 18:49 15 jan
rosn 424.35 -0.83 18:49 15 jan
sber 198.00 +0.61 18:49 15 jan
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 76.6775 -0.3525 14:59 15 jan
USDTD 67.0100 -0.0900 17:44 15 jan