European lenders regaining CEE form — Uralkali’s Belyakov
After losing ground to their Asian peers during the summer, European banks are becoming competitive again in central and eastern Europe (CEE), according to Viktor Belyakov, chief financial officer at Russian potash firm Uralkali.
We usually discuss deals with different banks and try to attract as many banks as possible, Belyakov said, referring to the $205m five year pre-export financing the firm signed in August. Unfortunately, the liquidity in Europe was very poor at that time.
That deal was led by Bank of
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