Bankers mull Promsvyazbank as CEEMEA loans plummet

Promsvyazbank continued to provide a glimpse of hope for Russian loans this week, with some banks looking to give feedback by close of business on Thursday to its request for proposals on a deal. But any optimism around the borrower was dampened by lengthening views on a timeline for the EU repealing Russian sanctions and quarterly figures showing a big hit to overall CEEMEA loan volumes.