OREANDA-NEWS. May 19, 2010. Sviaz-Bank was named winner of a public auction held for a contract to make a loan of 350 million rubles in the form of a two-year non-revolving line of credit to the Far Eastern Distribution Network Company (OJSC) to meet its needs, reported the press-centre of Sviaz-Bank.

The company will use the borrowed funds to finance its current operations.

Gazprombank, Sberbank, and Rosbank were the other bidders in the auction.