2012.06.25 | Russia’s Rosbank to open 1.5 bln rbl letter of credit to NorilskThe world’s largest producer of nickel and palladium, Russia’s Norilsk Nickel, has signed an agreement to open a l.5 billion ruble letter of credit with Rosbank, the bank said Thursday.
Under the deal, the bank will provide trade financing services to Norilsk both locally and abroad.
No other details of the deal were available.
(32.7331 rubles – U.S. $1).
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