Bank Of Baku

SOCAR borrows funds from Sberbank

SOCAR borrows funds from Sberbank
# 08 July 2014 11:21 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. The State Oil Company of Azerbaijan Republic (SOCAR) has borrowed funds from Sberbank (Russia).

 

According APA-Economics, the Company raised funds in amount of $150 mln from Russian Sberbank at the LIBOR rate + 2.5%.

 

Loan is to be repaid in 2016-2019 (per year $43 mln). 

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED