Volga | Energy, utilities | Finance, business

Sberbank loans $6.4m to Utilities Technologies

6 Aug '09
Republic of Chuvashia utilities company Kommunalnye Tekhnologii (Utilities Technologies) has taken out a $6.4m loan with Sberbank, the bank reports.

The funds are reportedly loaned for one year, the interest rate has yet to be disclosed.

The loan is a part of $15.5m line of credit, opened by the company with the bank for three years, the bank said.
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