OREANDA-NEWS. September 21, 2009. Sviaz-Bank was announced winner of a public auction for a lending services contract to loan 247.5 million rubles to finance the budget deficit of a city district in Samara in September 2009 through September 2010, reported the press-centre of Sviaz-Bank.

All loans carry an interest ranging from 16.2% to 17.1% per anum, and the borrowed funds can be used for 12 months.

Other bidders at the auction also included Promsviazbank, OJSC, Globex Commercial Bank, CJSC, Investment Trading Bank, OJSC, Baltic Bank, OJSC, and Solidarnost Commercial Bank OJSC.