Magnificent seven keep Russian loans alive

Minsk summit 230x150
By Dan Alderson
28 Aug 2014

The deepening crisis between Russia and Ukraine escalated further this week and talks at the Minsk summit achieved little. But despite the lengthening odds, new Russian loan deals are still coming through and six – or possibly seven – European banks are widely held to be working hard to keep the market going.

Numerous sources have named the same six European banks — Deutsche Bank, ING, Nordea, RBI, Société Générale and UniCredit — as being those that remain bullish on being able to lend to Russian borrowers. This is both in the case of existing Russian deals and new ...

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