Nordea Banks provides a loan to the municipality of Stary Oskol

19.05.2011

Nordea Banks provides a loan to the municipality of Stary Oskol

Nordea Bank has provided a 12-month loan of 260 million RUB to the Administration of Stary Oskol City District, Belgorod Oblast.

The loan agreement was signed after the Bank had won in an open bidding held by the Administration on 18 April 2011.

The Administration will utilize the loan to cover the budget deficit of Stary Oskol City District, Belgorod Oblast.

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