Bank loans and ratings
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) has announced signing of loan agreement with PJSC VTB Bank regarding revolving loan facility for 15 years with limit of up to RUB 30 bn.
California BanCorp, a San Francisco Bay Area business bank, today reported that profitability continues to accelerate, fueled by strong loan and deposit growth, a healthy net interest margin and growing operating efficiencies.
The main reasons for the upgraded rating are that Sandvik’s performance has been strengthened supported by a market recovery, cost-saving measures and a reduced debt as a result of divestments.
Sberbank CIB, the corporate and investment banking business of Sberbank, has opened a 10 billion rouble credit line for PSN Group for 3.5 years.