OREANDA-NEWS. September 03, 2009. Sviaz-Bank was announced winner of a public auction for an agreement to be made with Sibirtelecom, OJSC, on a 1 billion rubles credit line to be made available to the company, reported the press-centre of Sviaz-Bank.

The credit line will be available over a period of 60 months from the drawdown date of the first tranche. The Bank charges an interest of 15.9% per annum for the use of the funds on loan.

UniCredit Bank, CJSC, and GLOBEX Commercial Bank, CJSC, were the other bidders participating in the auction.