MOSCOW, September 4 (RIA Novosti) - Svyaz-Bank said Monday it will attract two one-year syndicated loans, worth $25 mln and 1 bln rubles ($37 mln), respectively.
"First, a dollar-denominated loan will be arranged," a spokesman for the bank said.
He said it was Svyaz-Bank's first dollar-denominated loan.
The loans will be syndicated by, among others, the Bank of Austria and Vneshtorgbank, Russia's state-run foreign trade bank.
Svyaz-Bank is one of Russia's top 30 banks by assets (valued at $1.1 bln as of April 1, 2006).