Decoration of Gazprombank
Russia's third largest bank by assets, Gazprombank, continues pre-sale preparations. Yesterday, its management announced the start of restructuring the bank's most risky loan, issued to the Russian-Polish company Europolgaz in the amount of $897 million. As expected, the loan, which exceeds Gazprombank's own funds, will be transferred to a syndicated loan with the participation of other credit organizations.