Article Tools

Sberbank partially repays subordinated loan to the Central Bank, positive signal to creditors

Published: May 21, 2010; 00:00 · (Vindobona)

Sberbank, the largest bank in Russia and CIS, announced that it had redeemed the first RUB 200 bn tranche of the RUB 500 bn subordinated loan from the Central Bank of Russia.

Yesterday, Sberbank, the largest bank in Russia and CIS, announced in a press release that it had redeemed the first RUB 200 bn tranche of the RUB 500 bn subordinated loan from the Central Bank of Russia. As a reminder, the lender received the loan in Q4 2008 within the scope of government measures to support systemically important banks.

Liability management is cited as the key…

This article includes a total of 514 words.

or Log In