OREANDA-NEWS. Sberbank opened a 1.72 bln ruble line of credit for the Nizhny Novgorod based AGAT Group, a regional leader in car sales, which will provide the working capital of the Group's growing dealer network.

Sberbank and AGAT will cooperate on a wide range of products, including cash management services using Sberbank's Corpor@tion system, which makes it possible to work with account information for Sberbank accounts and account transactions and activity for accounts at other banks. Other areas of cooperation include salary projects, cash-in-transit services and acquiring.

AGAT Group is in sixth place for new car sales in Russia. The Group's portfolio includes about 30 car brands. The Group is active in eight regions across Russia.