Saturday, April 17, 2010

Sberbank Reduces Rates

Sberbank following the retail loans will reduce rates on corporate loans from next week , the head of Russia's largest bank German Gref said at a briefing on Friday

"We will reduce rates on corporate loans, for the most part - from next week", - Gref said, adding that this applies only to new loans, and previously given  loans "are a subject to negotiation."

Nat Lawyer

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